Before homeowners put their property on the market, they have to decide whether they will try to sell it themselves or engage the services of a real estate agent. Many people object to paying a percentage of the purchase price to an agent, but are concerned about the amount of time it takes to do the work themselves. Today there are companies that are offering an alternative to commission based real estate sales. In Illinois, sellers can hire a flat fee Realtor Chicago industry professionals recommend.
Some sellers may be skeptical and believe they will not receive the same service from a real estate agent not getting a substantial commission. At the first meeting with the agent, sellers should ask just what they can expect. An agent should be willing to meet with you periodically to give you updates and suggestions. You can expect the agent to research comparable sales in order to give you an accurate opinion of value.
The listing agreement you sign with the company will outline all the particulars discussed. You need a signed copy for your records. It is always a good idea to have a home thoroughly cleaned and to remove clutter and personal touches. Your agent can make suggestions about how to improve the overall appearance of your home to attract the most potential buyers.
The company will provide a for sale sign that includes phone numbers and web addresses. The company will install a lock box if the house is empty. The real estate agent will have a representative take pictures of the outside and the interior of your house, being careful to present it in a positive way.
The more people who know your house is for sale, the better off you will be. That is one reason having an agent put your property on a multiple listing service is so advantageous. Local sales agents will see your house and may have a potential buyer for it that your agent would otherwise be unaware of. Agents sometimes suggest having an open house to encourage buyers to walk through your house.
When an offer is made on the property, the agent will present it to you and explain any stipulations the buyer has made. Whether or not to accept is totally your decision, but your agent can talk it over with you and discuss the pros and cons. Once a signed contract is in place, it is time to schedule the closing.
The closing will probably be conducted in an attorney's office. Prior to the actual day and time of the transaction, you agent should offer to go over the closing documents with you to make you sure you don't have any questions or concerns. The agent will attend the closing with you.
Selling a house on your own can be complicated and time consuming. Paying a commission to a broker will reduce the profits from the sale. Hiring an agent who charges a flat fee takes the burden off you and keeps money in your pocket.
Some sellers may be skeptical and believe they will not receive the same service from a real estate agent not getting a substantial commission. At the first meeting with the agent, sellers should ask just what they can expect. An agent should be willing to meet with you periodically to give you updates and suggestions. You can expect the agent to research comparable sales in order to give you an accurate opinion of value.
The listing agreement you sign with the company will outline all the particulars discussed. You need a signed copy for your records. It is always a good idea to have a home thoroughly cleaned and to remove clutter and personal touches. Your agent can make suggestions about how to improve the overall appearance of your home to attract the most potential buyers.
The company will provide a for sale sign that includes phone numbers and web addresses. The company will install a lock box if the house is empty. The real estate agent will have a representative take pictures of the outside and the interior of your house, being careful to present it in a positive way.
The more people who know your house is for sale, the better off you will be. That is one reason having an agent put your property on a multiple listing service is so advantageous. Local sales agents will see your house and may have a potential buyer for it that your agent would otherwise be unaware of. Agents sometimes suggest having an open house to encourage buyers to walk through your house.
When an offer is made on the property, the agent will present it to you and explain any stipulations the buyer has made. Whether or not to accept is totally your decision, but your agent can talk it over with you and discuss the pros and cons. Once a signed contract is in place, it is time to schedule the closing.
The closing will probably be conducted in an attorney's office. Prior to the actual day and time of the transaction, you agent should offer to go over the closing documents with you to make you sure you don't have any questions or concerns. The agent will attend the closing with you.
Selling a house on your own can be complicated and time consuming. Paying a commission to a broker will reduce the profits from the sale. Hiring an agent who charges a flat fee takes the burden off you and keeps money in your pocket.
About the Author:
You can get valuable tips for selecting a real estate broker and more information about a flat fee Realtor Chicago area at http://www.selectafee.com/menu-of-services now.
No comments:
Post a Comment