When it comes time to sell your DFW home you may decide to sell it for sale by owner (FSBO), but you may find great benefit in listing it with one of the many professional DFW Realtors. if you decided to use a Realtor, pay attention as you research the market place for the one that is the best fit for you.
Research Real Estate Agents and Firms
- Which brokerage firms rank at the top of major search engines for common search terms in your area? Like DFW Real Estate for example?
- Which firm's websites are the most appealing?
- Which firms consistently feature virtual tours on their Listings?
- Does the firm provide multiple photos of homes and in good quality?
- Which firms advertise in multiple internet venues? Which firms have a Dallas Real Estate Blog?
- Ask your co-workers and friends for Realtor referrals. Maybe they have worked with an agent who did a great job?
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Interviewing Realtors
- Ask each Realtor that you interview to explain how they will market your house, including print, internet and other types of marketing.
- Find out if the firm belongs to more than one MLS service. In some areas there's an overlap of regions, making multiple MLS memberships important.
- Will the firm place your house in the MLS immediatelymaking your home available to every possible Realtor greatly increasing your market exposure?
- How much commission do they charge? How does it compare to that of other local firms that offer the same services?
- What's the average length of time it takes to sell a house in your area? Sometimes known as DOM for Days on Market. What is their company's average DOM?
- Find out how long they want you to list with them.
- How long has the listing Realtor been selling real estate?
- What percentage of the firms listings sell during the initial listing contract period?
- Buyer feedback is a very important tool. If every potential buyer makes the same negative comment, you should consider taking action to resolve the issue. How often can you expect to receive this feedback?
Will the agent hold an open house for other real estate agents? For potential buyers?
How are house showings handled? Will you receive advance notification that an agent is coming to show your house? You can put restrictions on showings like certain days or times are off limits? Keep in mind doing this may cut down on the number of times your house is shown.
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If your new home will be in the same area, ask the agent any questions you may have as a buyer. You may choose to use the same Realtor to buy and sell.
If you have pets, make sure the Realtor is committed to a plan that ensures their safety. If it's a dog that bites, you will need a plan for buyer safety as well.
Does the firm use electronic security lockboxes? Many firms place a key inside a box that is secured to your home. Ask the Realtor to explain how it works.
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Estimating Some Home Selling Costs
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- Ask the Realtors you are interviewing to give you an estimate of typical seller closing costs.
- Ask how your share of property taxes for the year is calculated and prorated.
- Ask about the amount of Attorney or other professional fees.
- What will your share of property owner association fees (HOA) be?
- What will be the total amount of the real estate commission?
- Get a list of any other expenses that sellers are typically expected to pay, ie. inspections, surveys, certifications, pest inspections, etc.
Make sure to ask these Realtors any other questions that are important to you. Your decision to hire a particular Realtor should be based in part on your gut feeling that
Source: http://www.realestateglobalnetwork.com/xn/detail/2211201%3ABlogPost%3A241124
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