Selling A Property
Selling a property requires a great deal of information and resources, especially if you want to receive the highest price possible. Hiring a real estate professional helps the entire process go smoothly and provides you with the most valuable resource you can have. As such, here are key areas where a real estate professional earns their commission.
Pricing
When pricing your property, it is extremely important that the price is not set too high or too low. Overpricing or undervaluing can slow down or impede the sale of a property. Real estate professionals have access to neighborhood information and pricing trends and they are experienced in process of selling a property.
Marketing
When you first list your property for sale, your broker has the skill and experience to recommend repairs and cosmetic work that will help enhance your property's appearance and marketability.
Next, your broker will market your property to expose your property to as many prequalified qualified buyers as possible; that your property is listed For Sale. Most buyers first go to real estate internet websites when searching for a home, so that will be a big focus. Your real estate broker will also provide exposure to other industry professionals and the public. It has been shown the many property sales come about as a result of previous relations with a client and client referrals.
Security
When selling a your property, your broker will ensure that your property showings are supervised. Buyers must go through your broker to schedule a showing, thus being prescreened. This gives you time to prepare your property and give you a peace of mind that buyers are chaperoned in your property.
Negotiations
Your real estate broker acts as an objective middle-person. He or she are perceived as unbiased professionals, and buyers often feel more comfortable negotiating with them. Your broker will help with your initial purchase offer sales agreement by writing a legally binding contract to have all parties sign. Then, he or she will guide you through the process of completing all required property disclosures, escrow, title search, financing, appraisal, property inspections and possible repairs - all necessary to complete the sale of your property.
Monitoring, Renegotiating, Closing Escrow
There are many steps and details involved between an accepted purchase offer sales agreement and the closing of escrow. Your broker will enlist the services of a team of real estate service professionals who will be a resource every step of the way. Your broker will help you navigate through the steps and complete all of the required paperwork. Your broker will ensure that as issues arise, problems get resolved and the intimidating amounts of paper work get completed accurately.
