Home Value
Determining the value of your house is essential. The correct selling price is the highest price the market will bear. The realtor can prepare a comparative market analysis of your property. This analysis will compare your home to similar homes in the same area. With this comparison, you can get maximum dollar for your home in a reasonable length of time.
Marketing Your House
The realtor can use innovative methods to market your home. Many realty companies belong to a multi-list organization. This way your home can even be marketed to prospective buyers in other cities as well as through realtors in your area. Your realtor will also advertise your home. It may be through newspaper ads or television sponsored programs. Remember, the realtor is working for you. He or she may use previous contacts and referrals to market your home.
Security is Key
A major consideration in selling your home is the security that a realtor can give in this process. The realtor can show your home at your convenience to pre-approved buyers. They will accompany the potential buyers during the visit and can assist in questions that may arise.
Negotiating On Your Behalf
At this time, the buying and seller negotiate a reasonable price. This proposal will include appraisals, inspections and financing. The realtor is familiar with the finest detail that will influence the sale of your home.
Completing the Sale
During this time frame, inspections are completed and any repair work that is necessary will be completed. You may be given an “estimated return at settlement” which is based on the list price. This listing helps you understand the costs involved in the closing. Some of the costs may include but are not limited to: transfer tax, notary and brokers fees and proration of property taxes. The realtor will help you through this mountain of paperwork professionally.