|
Most of us are not aware of the trends and fluctuations
of the real estate market. Likewise we don't know
the steps necessary to maximize profits on the
sale of our home. We rely heavily on the real
estate agent to lead us down the path of profits.
Considering your home is typically the most valuable
asset you possess, doesn't it make sense to list
with someone who will be able to generate the
most money in a sale?
This report was designed to empower you with
critical information necessary to evaluate an
agent's qualifications and help you identify the
professional that will best serve your needs.
The more meticulous you are in your search for
an agent, the higher your profits will be.
Start by doing some research. Find out who the
most active real estate agents are in your market.
Ask friends, relatives and co-workers for referrals,
then compile a list and find out how the agent
markets his or her listings to sell.
Place a call to each of the agents on your list.
Document how quickly they return your call. Remember,
they will be returning calls to your prospective
homebuyers. Do an initial interview over the phone
so when you meet, you will be prepared.
At the meeting, request a step-by-step 30-DAY
MARKETING PLAN for your sale including everything
from title to escrow so you know exactly what
services the agent will provide. Evaluate the
team that your potential agent has assembled.
Top producers will have established relationships
with lenders, title reps, and inspectors. They
are there for your benefit. Should any of these
people not be prepared to handle any aspect of
the sale, then you are not receiving the best
possible service.
Request a complete report of your property with
ideas for improvements, cosmetic changes or structural
repairs that can add value to your property. A
small investment up front can pay huge dividends
at the time of the sale. Also request detailed
information about current market conditions, the
competition of other homes for sale and proper
pricing. Have your agent educate you on all aspects
regarding your sale.
Insist that all potential buyers be pre-qualified
to purchase your home. Screen out unwanted prospects
before getting to the final stages of negotiating.
Request a complete net sheet, minus commissions
and fees, so you know exactly how much money you
will profit at the time of the sale.
Insist on a step-by-step marketing plan of how
your home is going to be marketed and sold. Look
for innovative ways to attract homebuyers. Demand
24-hour advertising, lead accountability, and
tracking services. These services do exist and
you should make sure they are part of your home's
marketing.
Investigate the agent's marketing strategy. Do
they waste their time cold calling all day or
do they have a MARKETING PLAN in place to attract
qualified buyer prospects? Do they contact those
leads? Also find out what type of direct mail
campaign the agent has in place. Is it professional?
Does the mailing generate buyer prospects that
would be interested in purchasing your house?
What type of advertising will they use? Insist
that the advertising be well written and professional
in appearance. They should be advertising, at
a minimum, in a homes magazine, in the local newspaper
and with yard signs. The quality of the advertising
will directly affect how well your home will be
perceived.
Have a written and well-conceived negotiating
strategy. A sound negotiating strategy can make
thousands of dollars of difference when the final
sale goes through, so your agent must have a plan
in place for this aspect.
Finally, have a written closing checklist. You
need to know how to conclude the sale of your
home in an orderly and legally sound manner.
A strong, qualified agent must meet all the requirements
listed in this report if they are truly going
to sell your property for TOP DOLLAR.
Choosing your Agent wisely. Any agent will show
enthusiasm and will want to list your house for
sale but choose your agent based upon
A. Experience at listing and marketing houses
for sale.
B. Ability to use technology to market your house
world wide to buyers 24/7.
C. Reviewing with you a comprehensive Marketing
Analysis of home sales in your area.
D. Ability to offer a written detailed 30-DAY
MARKETING PLAN that will get your house sold at
the highest possible price.
Working with a full-time professional real estate
agent is a must. Choose your agent by asking questions
of him or her. Find out how knowledgeable they
are about houses currently for sale in your price
range and also of houses that have recently sold.
Can your agent recommend a good lender that has
the reputation of excellent customer service and
low rates to assist your new buyer with financing?
A good listing agent can get your house sold quickly
at TOP DOLLAR and help you find a new home.
|