with a knowledgeable realtor when buying or
selling a house will not only expedite the process, but
it can save you money. If you have plans to move in the
near future, heed this advice from agents for your best
chance of success in real estate.
metropolitan area has a few real estate agents that
spend a lot of money marketing himself or herself to
everyone within shouting distance. But if you know what
part of town you want to live in, hire an
agent who specializes in that locale.
he or she even lives in the area and can tell you where
to find the nearest dog park or the best BBQ joint. You
want to work with someone who knows practically every
nook and cranny of your desired location.
commission rates for real estate agents hover between
five and six percent, split between the buyer’s and
seller’s agents — but that doesn’t mean it can’t
go lower. Before you list your house, ask prospective
agents if there’s any wiggle room in their commission
don’t have to hire a realtor to sell your house. The
"for sale by owner" route might take more of
your time and energy, but you might save yourself a few
bucks in the process if you know what you’re doing. Be
sure to thoroughly research this option before you
fee for the listing
you do go the FSBO route, you can pay an agent a flat
fee to have your house appear on the MLS (multiple
listing service). The MLS is an online database of homes
for sale, making it easier for realtors and potential
buyers to find your property.
catch more flies with honey
real estate industry is unique in that competitors have
to work with one another on a regular basis. If you
interview a few prospective realtors, one of those you
don’t hire may end up bringing a buyer to the table.
point is, be nice. Don’t bad mouth someone who may
have rubbed you the wrong way because you could end up
trying to complete a sale together.
out of the house
it’s time for an open house or a showing, take your
pets and disappear. Your presence makes potential buyers
feel uneasy, and they’ll more than likely leave and
may be a bit tongue-in-cheek, but the secret to a
successful search may be inside you. Home buyers tend to
insist on a very specific list of demands or dream
beyond the budget. When in the end, what they end up
buying looks nothing like their initial demands.
some time to really review what it is you want and a
realistic budget so you won’t waste your time chasing
after something that’s out of your reach.
Realtor should be an open book when it comes to showing
you a house. Yes, you’re given a lot of information
regarding a home’s size and tax requirements and so
on, but don’t be afraid to ask questions outside of
there ever a murder or reports of paranormal
activity on the property? What agents are required to
reveal varies depending on where you live, but
regardless, do a little digging on your own (talk to the
neighbors!) before you buy.