Sunday, January 19, 2014

Home Selling: How to Choose a Real Estate Agent

Selling a home can be easy if you know what to do. There are many ways to sell a home – for sale by owner or FSBO, hire a real estate agent, through an auction, or sell privately.

When you do a quick search for real estate agents, you will be surprise to know that there are hundreds of them. Choosing the right one can make or break your deal. Referral from family or friends is always a good start in getting a good agent since they have had a first-hand experience with that agent. They can tell you if that agent is any good or not.

If you don’t have a referral, you can still get the best agent to sell your home and these questions will help you identify that agent.

How long have you been an agent? Although new agents bring in fresh ideas, veteran agents still take the lead. They have more experience and they know the market well, so they will more likely represent you better.

How can I contact you? There is nothing more frustrating than not be able to reach your agent. A common complaint from home owners is that after they hire the agent, they hear nothing. A good agent should keep you well informed. He should be available in common communication channels such as phone, email, and social media.

How many home units have you sold? The higher the number of units sold the better. This goes to show that an agent is good at what he does. The number must be recent, that is within the last six months or at least a year. If he has not sold a unit within a year, then he should have a good explanation for it.

How will you market my home? A good agent should be able to list your home in MLS; this listing targets a wide range of potential buyers. He should be able to provide you with a marketing plan with proof what option works and what does not based on his experience.

If you do not want to work with an agent, you can sell your home privately. This is done by working with private investors. Unlike hiring an agent, you don’t have to pay for their services. Private investors, like Lucas Properties buy houses all the time regardless of its condition.

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