Posts Tagged ‘realtors’

How to Choose the Best Real Estate Agent for you

Thursday, July 15th, 2010

Real estate agents can make the process of selling your home a much easier (and less stressful) process, so many of us turn to a qualified real estate when we make the decision to put our home up for sale.

However, if this is your first time selling a Park Cities home, you may wonder how to best find a great real estate agent who will work hard for you and produce only the best results. A qualified real estate should be able to effectively and successfully list your home, market your home, and negotiate the best sales price for your home.

However, in addition to the above qualifications, a successful real estate agent should have a good rapport with you and should be able to use his or her contacts, qualifications and expertise to sell your home for the most amount of money in the least amount of time.

If this seems like a lot of work, you

How to Choose the Right Agent to Sell your Home

Wednesday, May 13th, 2009

You know the drill: the market is tough, the buyers are few, and the homes for sale are plentiful. So, what’s a seller in today’s market to do?

Well, the first -and arguably the most important – thing to do is obtain a qualified real estate agent. This is not the time to get stuck with a less-than-experienced agent who makes all the wrong moves.

http://www.channel4.com/4homes/images/mb/Channel4/4homes/buying-and-selling/buying-property/essential-guides/how-to-buy-a-house/sold-sign-keys-lg.jpg

How to Find an Agent Who Will Get the Job Done

  • Ask friends, family members and neighbors for referrals. Often times, you may find the best real estate agent through a friend or family member who recently bought or sold their home. Remember: a great referral goes a long way!
  • Look around the neighborhood at the homes for sale. Often times, the best way to snag a popular agent in your neighborhood is to simply look at the other homes for sale. It may also be a great way to find an agent with a good knowledge of the area and the homes in the area.
  • Interview at least two or three agents from different companies. Compare each agent’s experience, background, education and continuing education, and see which agent comes out ahead.
  • Ask a potential agent about his or her philosophy on selling homes. The agent’s answer can often indicate whether he or she is a good fit for you.
  • Determine if you have a good rapport with the agent. An agent can have all of the education and experience under the sun, but if you don’t feel comfortable talking with him or her, it is probably not a good decision to dive into a business relationship. Remember: you will need to communicate with this individual over the course of several months, so make sure you have a good rapport with him or her!
  • Determine which marketing strategies the agent will use to sell your Coppell home. More importantly, make sure you are in agreement on the strategies that the agent will use. A red flag may be an agent who does not have an active marketing strategy for selling a home.
  • Ask for references and follow up. Ask others who have bought or sold homes with the agent about their overall experience. Ask them what they liked most about the agent, and what they didn’t like about the agent.

Some Questions you May Want to Ask a Potential Real Estate Agent

  1. How long have you been in business?
  2. Are you involved in continuing education? What certificates and qualifications do you hold?
  3. Are you familiar with the area? How many homes in the area have you sold?
  4. How many Coppell homes have you sold in the past year?
  5. Will I deal directly with you throughout the process, or will I also deal with an assistant/ colleague?
  6. How do you plan on marketing my home?
  7. How many clients do you currently have (too many clients may mean the agent may not have enough time to properly market your home)?

Buying Tips: Keeping the Lines of Communication Open with your Realtor

Monday, February 23rd, 2009

The relationship between you and your real estate agent is vital when selling your home, especially in these tough economic times.

There are several things that you and your Realtor can do to make sure that the lines of communication remain open and that you are both working towards the same goals:

  • Work closely with your Realtor to develop a pricing strategy. Your Realtor will likely assess your personal situation, as well as your home, when developing a pricing strategy for your home.

For example, you will need to convey your unique situation to your Realtor, such as the amount of money you currently owe on the home, how quickly you need to move, what you have put into the home and your absolute bottom line. All of these factors, in addition to the home and the current real estate market, will likely determine your home’s listing price.

  • Develop both a short-term and a long-term game plan so that you and your Realtor remain “on the same page” regarding future decisions.

For example, how long will you let your home sit on the market before you lower the price?

  • Ask your real estate agent for weekly updates. This may include the number of inquiries received on the home, the number of showings, and the feedback received from the showings.

This information can play an important role when considering your short-term goals. Your real estate agent should be able to provide you with this information and recommend strategies to get your Coppell area home sold.

Other questions to ask include: What are other homes in the area selling for and how long did they sit on the market? What was the difference between the listing price and the sales price?

Realtor Tips: How to Help your Seller Prepare for an Open House or Showing

Wednesday, January 28th, 2009

Preparing your sellers for the challenges of showing their home is often an over-looked aspect of being a seller’s agent.

Most sellers, particularly if this is their first time selling a home, are not aware that many things can influence the sale of their Coppell home, including open houses and showings.

Open House by Wishingline.

photo by Wishingline

Open houses and showings are, of course, prime opportunities for sellers to wow potential buyers and make a sale, yet too often sellers jeopardize their chances of getting their house sold by things they do and things they don’t do. The following tips should be discussed with your sellers when it comes time to show their home:

  1. Remain flexible about times and dates. Inform them that there will likely be those “last minute” showings which may prove to be inconvenient and maddening. However, it is important to remind them that in order to sell their house they may need to make adjustments.

Bottom line: Inform your sellers that last-minute showings are commonplace, and it is important that they try their best to accommodate them.

  1. Leave the home during a showing. It is important that your sellers leave the home during the showing. Some homeowners, for one reason or another, will insist on staying during the showing, but this will only hinder the showing and scare away potential buyers.

It is important to remind your sellers that most potential home buyers will feel uncomfortable touring a home (and looking in closets and cupboards) when the homeowner is present. As a result, they will likely cut their showing short.

Bottom line: Encourage your sellers to leave the home during showings and open houses to make buyers feel more comfortable.

  1. Don’t come back early, either! The same rule applies for homeowners who pop in before a showing or open house has ended.

Bottom line: Encourage your sellers to stay away from the home until everyone has left.

  1. Remove the pets. Pets should not be present during a showing. It is important to remind your sellers that not everyone is a pet lover, and some buyers may be even be allergic or afraid of your pet.

Bottom line: Encourage your sellers to take their pets with them during a showing or open house, if possible.

The key to effectively communicating these items with your sellers is not to demand these things, but to instead request them. A written list of recommendations is often a great way to communicate positive open house and showing tactics.

Choosing a Realtor Who

Friday, December 12th, 2008

A qualified Realtor can greatly facilitate the process of selling your property. Finding a good Realtor, however, takes time and requires a bit of research and homework to ensure that you have found a good fit.

A qualified real estate agent can help you find a home, tell you how much your home is worth and what to list your home for, recommend lenders and home inspectors, coordinate your home’s closing and help coordinate negotiations for your Coppell real estate.

The following tips will help you find a qualified Realtor:

  • Get referrals from friends, family, neighbors and business associates. Choose at least three Realtors who you will then interview. Some common questions to ask a Realtor during the interview process include:
    • How long have you been in business?
    • Will I work with you or with a business associate or assistant?
    • How many homes have you sold in the neighborhoods that I am looking at?
    • What marketing techniques will you use to sell my home?
    • How many clients do you currently have?
    • Do you work full-time (a part-time Realtor may not be able to devote the time needed to sell your home.)?
  • Learn about the Realtor’s qualifications, including continuing education and training.
  • Ask your Realtor for referrals. A qualified real estate agent should have a long list of referrals from which to choose. Any Realtor hesitant to give you referrals should be avoided.
  • Determine whether your personalities mesh well together. No matter how qualified a real estate agent is, if you don’t feel comfortable around him or her, then the relationship will not work. You will need to have frequent, honest conversations, so don’t take this area too lightly.

Find a Realtor who is easy to talk to, who answers your questions directly and honestly, and is readily available to answer questions and address concerns at any given time.

How to Handle Home Inspection Problems

Wednesday, December 3rd, 2008

Ah, at last. The home inspection on your new Highland Park home is completed and you have just received the engineer

Real Estate Consistency

Friday, May 2nd, 2008

Consistency

Get the client, get the contract, miss a few steps, but only a few, the contract closes. Repeat as necessary. This is an average way of looking at selling real estate, perhaps even a typical way of selling.

Of course, if you want to make a lasting impression, a good impression that is, you have to remember that average is just not good enough in an area as competitive as the Dallas real estate market. With the Dallas commercial real estate market as competitive as it can be, missing deadlines and milestones on a contract can cost money. It can be expensive for you, for your client, and it can risk the whole deal if you miss vital deadlines. It can even cause the whole deal to fall to pieces after weeks of working toward a multi-million dollar settlement.

Being consistently lazy, or consistently late, even consistently disorganized may be predictable for some people, but it is certainly not productive.

If you consistently aim for the bull

Three Things You Should Know as a Realtor in Today’s Market

Wednesday, April 30th, 2008

Tip 1. Please, please, read and pay attention to the expired listings on the MLS service! See how long they were listed and at what price. See what the comps were and then send the owner a letter with a proposal for meeting with them (assuming, of course, that they have dissolved the relationship they had with the prior listing agent). Start off with a line like