Whether it's your first time selling a house or it's your fifth, it can be equally as stressful. Luckily, when you hire the help of a real estate agent, they will try to take off as much of the stress as possible so that you don't feel so burdened. Before you go to list your house with your agent, there are a few things that you may want to discuss first.
1. Price
The biggest thing that you and your real estate agent will have to agree upon is the selling price for your house. If you want way more than your real estate agent thinks it's valued at then they may not even take you on as a client. Why? Because if you don't sell your house, they don't get a commission and they've essentially wasted their time. One of the best ways for you to choose a comfortable price is by asking your realtor to pull comparison reports or comps. These reports show what houses in your area with similar square footage have sold for recently which will help you establish a price around that one.
2. Showings
If your real estate agent wants to do showings all of the time, but you have little kids or you go to bed early, then too many showings may not be feasible for you. Make sure to establish upfront with your realtor when you can and cannot do showings. Being flexible and able to do more showings will help you sell your home quicker but you still have to live your life comfortably and not be at the mercy of future buyers and appointments.
3. Communication Your Expectations
If you are going to be working with a real estate agent that is representing a bunch of other people, they may not be able to answer your phone calls or emails as quickly as you would like. If immediate communication is important to you, then you may want to look for a realtor that either has an assistant that can answer questions on their behalf. Otherwise, you may want to look for a new real estate agent entirely.
When you establish expectations with your real estate agent upfront, it will help make the home selling process a little bit more enjoyable and hopefully less stressful. To learn more and start the home selling process, reach out to a local real estate agent.
When you are faced with a down market, there are a lot of things that can run through your mind as a homeowner. If you had to sell, would you be able to make your money back? What will you do if you have to sell your property at a loss? Do you think you are ready to buy a new home?
Although there are a lot of things that are important to think about, the fact of the matter is that understanding real estate challenges is instrumental to making money with your property. From moving forward with new ideas about real estate to working with the right professionals, it pays to read up on the market. Learn more today!