Business: Not All REALTORS Are Created Equal: 10 Tips for Finding One

Not All REALTORS Are Created Equal: 10 Tips for Finding One

Written by Elaine VonCannon

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8. Find a REALTOR who will research and obtain information from repparttar

source. This includes visiting a tax office or courthouse to research things like zoning or mapping topography of a home site. 9. Ask your REALTOR if they have access to more than one Multiple Listing Service (MLS) – if this is applicable in your area. Access to more MLS means increased opportunities to sell you property to qualified buyers or find repparttar 103286

home that meets your criteria. 10. Open houses are not repparttar 103287

way to sell homes, so do not be dazzled by a REALTOR who hosts them frequently. Often open houses attract neighbors and people not yet ready to buy.

If you take repparttar 103288 time to find out more about repparttar 103289 REALTOR you expect to use, you could land yourself a dream home, or a nice net gain on repparttar 103290 home you are going to sell.

Elaine VonCannon is a REALTOR with RE/Max Capital in Williamsburg, Virginia, and she manages investment property as part of her business. Elaine is also an Accredited Buyer's Representative as well as a Senior Real Estate Specialist. She has helped numerous clients invest in and make money on property in Southeastern Virginia.

Debunking the Myth of More Net Gain With For Sale by Owner

Written by ElaineVonCannon

Continued from page 1

Q: Why does a home seller even need a real estate agent? A: If there is no middle party to negotiate between repparttar buyer and seller, you can become deadlocked on terms, have your property tied up, or end up in litigation. If your property is tied up for months you might have missed repparttar 103285 right buyer who is willing and able to pay repparttar 103286 price you want. Also a REALTOR will not have repparttar 103287 emotional ties to repparttar 103288 transaction that a seller has. The REALTOR is also separate from repparttar 103289 buyer’s objectives.

Q: Doesn’t hiring an attorney take care of contracts? A: If you think an attorney drawing up a contract makes you free and clear of worries and responsibilities – you’re wrong. The attorney does not have repparttar 103290 time to stay on top of this to make sure everything required is done on repparttar 103291 home before closing. If you do want repparttar 103292 attorney to handle repparttar 103293 details, you’ll pay a lawyer’s fee, which is usually $100 per hour and up.

Q: How does a REALTOR arrive at a market price on a home? A: A REALTOR will price your home much like an appraiser would. A REALTOR compares your home to what has sold in repparttar 103294 area in repparttar 103295 past three months. They know repparttar 103296 inflation record in your area. A REALTOR’s research also consists of checking court records to see what has sold in this area. This covers home sales not listed on MLS, but by law has to be recorded at repparttar 103297 court house for a specific area.

Q: How can a REALTOR possibly improve my bottom line on home sales, when I’m saving on commission? A: On every listing I have sold, I have procured for my sellers $10,000-$50,000 above what they thought their property would sell for – after they had paid all repparttar 103298 fees including commission. A majority of For Sale by Owner’s homes have sold for less than what a REALTOR would have obtained.

I would like to reiterate repparttar 103299 importance of repparttar 103300 seller selecting a REALTOR who knows repparttar 103301 ins and outs of contractual agreements and has some experience behind him or her. Hiring an experienced REALTOR to help sell your home will repparttar 103302 wisest investment you’ve ever made.

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