Wednesday, July 23, 2014

Selling a Property? Let A Real Estate Agent Do It!

Now that you have prepared your home for pre-selling, it is now time to look for a real estate agent who will do the actual selling for you. While there are many ways and reasons for you to sell your property on your own, there are a lot of advantages if you leave it in the hands of real estate professionals.
Do you want to sell your property? If so, it’s best to look for a real estate agent who is also based in your location. Having deep local property market knowledge with strong ties to the neighborhood is one of the prime factors when looking for a real estate agent.

What exactly can a real estate agent do if you are selling your property?
  1. He will give you a realistic value for your property. It is natural for a seller to get a really great amount of money in return for the house they are planning to sell. No matter how ambitious, your selling price should be reasonable against the many factors that determine property values. Factors that affect the value your property are:
    • Supply and demand
    • Interest rates
    • Economic growth
    • Demographics
    • Parking
    • Home improvements
  2. Your real estate agent will help you how to sell. They can advise whether selling your property by auction is better than conducting a private sale or vice versa. Let’s say you plan on auctioning off your property. What are the benefits of selling at an auction? If you want potential buyers to be competitive with your price, set an auction. A property that looks good will be competitively bid on by potential buyers.  You can exceed your property’s expected value. You can also set your own terms. If you do not want any cooling off at an auction or if you want to approve settlement terms as requested by your buyer, you can do so in an auction. At an auction, there is a sense of urgency. If you want it to sell fast, sell your property at an auction.
  3. Organise your property for viewing. Inspections and property viewing are imperative for prospective buyers. At this point, you need to stage your home such that it looks enticing and appealing for buying. A real estate agent can organize inspections and property viewing to your prospects. 
  4. It helps to hire a professional stager if you want the best front for your property. The stager can arrange your furniture and spice up your interiors and exteriors. Ask your real estate agent for a stager they can refer to you. Increase your property's exposure to other buyers. Real estate agents have their own database of prospects. Moreover, they have the technology (such as a website), international capabilities (so that your property is not marketed only to your chosen locality) and brand recognition (especially if the real estate agent you hire comes from a known real estate company) that you can take advantage of by hiring them to sell your property. 
  5. Handle all negotiations on your behalf. Especially if you are new in property selling, you need someone who can handle all negotiations for you. A real estate agent who has your best interest at heart will strive hard to make all negotiations to give you the best price possible. 
    If you want advice in professionally marketing your property, scheduling inspections and viewing, increasing your property's exposure across local and international markets and finalizing your property's sale, get a real estate agent who has in-depth knowledge of local property market.  

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