How to Sell Your Home at the Highest Possible Price
Ready to place your home on the market? Do you understand the process of selling your home - all the "little" details? Before you list with an agent, educate yourself about all the possible things you could face. Be as informed as possible, so you can make the absolute best business decision. After all, the sale of your home is a business decision.
Most of us are not tuned in to the trends and fluctuations of the real estate market. Additionally, we are not aware of the steps necessary to maximize profits from the sale of our home. Typically, you rely heavily on an agent to lead you down the most profitable path. Well, when you consider your home is probably your largest financial asset, doesn't it make sense to list with someone who will maximize your profits? But how do you find that agent?
This report is designed to empower you with critical information necessary to evaluate an agent's qualifications and help you identify the professional top producer. The more involved you become, the better chance you have of choosing the right agent and consequently, the higher your profits will be! Start by doing some research. Who are the most active agents in your market? Look at advertising to see how professional it is, ask friends and family, drive around the neighborhood looking for yard signs, then compile a list of agents. Top Producers will have established relationships with lenders, title reps, inspectors... everything. I. The Phone Interview- Place a call to each of the agents on your list. Document how quickly they returned your call; keep in mind, they will be returning calls to your prospective home buyers. Do an initial 'feel-out' interview over the phone so when you meet, you will both be prepared. 2. Request a Complete Plan- From title to escrow, request a complete plan of all the services they will provide you when you list with them. 3. Evaluate Their Team- Top producers will have established relationships with lenders, title reps, inspectors, etc. These professionals are there for your benefit. If they are ill-prepared to handle all the steps of your transaction, look elsewhere! 4. Detailed Report of your Property- Request a complete report about your property with ideas for improvements, cosmetic changes, structural repairs or anything that could add profit to your sale. Remember, a small investment up front can often pay high dividends at the time of sale. 5. Alternative Report- Request a complete report of alternatives to the home sale. What would current market leases generate? Rentals? Responsibilities attached with leasing? Have your agent educate you about all your options. 6. Insist on Pre-qualification- Don't waste valuable time negotiating or showing your property to unqualified prospects. Insist that your agent pre-qualify candidates to screen out all unwanted prospects.
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