Friday, November 1, 2013

How to Sell Home Through a Realtor and Save Money

Economic conditions mean that more than ever before, people are looking to quickly sell their house, to improve their own financial situation, as well as their own piece of mind. The stress of a mortgage burden and uncertainty over whether prices will continue to fall mean the there is increasing pressure to sell home fast.

But we won't panic - there are things that you can do that will save you money, and also improve your chances of getting the price you want.

We will assume that you are going to use a realtor to help you sell your property. Please note, however, that this is not vital - you can go it alone, which would save you money. We examine that option in more depth in the links at the end of this article.

Carefully select your Realtor

Realtors are no different to any other money making business - they want your custom, which puts you in a position of power when it comes to negotiations. The first step is to identify 3 or 4 that you would be happy to represent you. Base this decision on reputation and ensure they are members of a recognised organisation. The National Association of Realtors is one good example, with over 1.2 million members across the United States. In the UK, a similar organisation is the the The National Association of Estate Agents. It is also a good idea to get a mixture of large companies and smaller, independent realtors so that you have a choice across a variety of services.

Negotiate Terms

You will then need to get quotes from them - don't be afraid to play one off against another. Some may charge a fixed fee, another a percentage of the sale. Some will use a mixture of both. Compare what the overall cost will be, should the realtor successfully sell your property. Once the realtor has given you the details of their charges, tell them what else you have been offered by a rival - they want you as a customer and will expect you to haggle. If they refuse to play ball, just inform them you'll take your business to their big local competitor and walk away.

Valuation

When you are comparing the services of several realtors, never tell them what another service has valued your property at (and believe me, they will ask!). They will use this opportunity to play themselves off against a rival - remember, a higher valuation is only any good if you achieve it, and if you are looking to quickly sell house, then this may not be realistic. You never have to accept a valuation - if you think it is over or under valued, negotiate with the realtor until you are happy.

Getting the service you should expect

Once you have gone through the above tips, you should now be with a realtor who will do a good job of helping you to sell home fast, slow or just test the water. You may find, however, that you become unhappy with some aspects of the arrangement. Perhaps you are not getting as many viewings as you would like. If this occurs, tell the realtor that you are going to go multi-agency. They may attempt to put up their fees, but stand your ground. You can then approach other agencies, explain the situation and the deal you have with the current realtor, and ask for the same. Your property is now being marketed by more than one agency, which may well help the sale of your home.








Will Downing has prepared a website with more tips on how to quickly sell your house [quicklysellhousenow.com/] You may feel as though you want to go it alone without a realtor, in which case click on how to sell home [quicklysellhousenow.com/?page_id=20] to learn how to do it yourself.

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