Collins & Demac Real Estate



Posted by Collins & Demac Real Estate on 10/25/2018

Many sellers rely on agents to help them to deal with the task of selling their home. If you’re looking to buy or sell a home, a real estate agent isn’t required. There are many advantages and disadvantages to selling your home as a “For Sale By Owner” (FSBO). Read on to discover the good and bad of selling your home on your own. 


The Pros


Avoid Paying Commission


Real estate commission is the main reason that many sellers choose to go it alone. You’ll pay about 6% commission on the sale of your home between buyers and sellers agents. When figuring out the asking price for your property, this number that you’ll pay for a commission is included. This sale price also should be enough to pay off the remaining balance on the property. If you don’t have a lot of equity in your home, an FSBO may be your only option if you can’t afford the commission. Another option is to wait to sell your home until you have built up enough equity for the transaction to make sense for you. 


You Can Find Other Resources To Help You Sell The Property


There are so many resources available to FSBOs in today’s market. Yards signs aren’t the only thing that sellers can use to get people interested in their property. Many websites and resources assist people taking the FSBO approach. You still may not be able to get your property listed everywhere if you’re not a real estate agent. 


Cons


You Won’t Be Able To List The Property Fully


Only licensed real estate agents have access to the MLS, where buyers' agents and other websites pull available properties.  Not having access to this can be a deterrent to the marketing of your home. You could miss out on getting many home showings that you otherwise would if your house was listed on the MLS. 


There’s No One To Help You With Paperwork And Negotiations


Real estate agents certainly earn their commission. There is a lot of work in both selling and buying a home. If you hire an agent, he’ll be taking phone calls, sending off forms, and dealing with the negotiations on the property. An agent will also coordinate home showings and have the ability to show your property when you’re unavailable. If you go it alone, you won’t have that assistance and may be a bit overwhelmed during the selling process.


A real estate agent also understands the lingo better than someone who has been outside of the business. There are many advantages to paying his fee if you decide to hire him for the sale of your home.           






Posted by Collins & Demac Real Estate on 4/5/2018

Ready to buy or sell a house? With the right real estate agent at your disposal, you should have no trouble acquiring a new home or selling your current residence.

Ultimately, it is important to assess a variety of real estate agents. This will enable you to find the right housing market professional to guide you along the homebuying or home selling journey and ensure you can get the best results possible.

Comparing and contrasting several real estate agents may seem difficult at first. Lucky for you, we're here to help you take the guesswork out of hiring the ideal real estate agent.

Now, let's take a look at three factors to consider as you evaluate real estate agents.

1. Industry Experience

An experienced real estate agent understands the ins and outs of the housing market. As such, he or she can offer comprehensive housing market insights that you may struggle to obtain elsewhere.

Take a look at a real estate agent's background and education. By doing so, you can learn more about this housing market professional's experience and determine whether this individual is the right person to guide you along the homebuying or home selling journey.

2. Communication Skills

Is a real estate agent an effective negotiator? Meet with a real estate agent, and you can learn about his or her communication skills.

A real estate agent should possess the communication skills to succeed in any housing market, at any time. He or she should be able to help you make sense of the housing market and respond to your concerns or questions as the homebuying or home selling journey progresses.

Furthermore, a real estate agent should be unafraid to be honest with you – without exception. This housing market professional will provide you with the support you need throughout the homebuying or home selling process. That way, you can reap the benefits of a fast, seamless homebuying or home selling journey.

3. Client Referrals

What are past clients saying about a real estate agent? Ask a real estate agent for client referrals, and you can gain first-hand knowledge about how a particular housing market professional supports his or her clients.

Typically, a real estate agent should be able to provide you with multiple client referrals. As a homebuyer or home seller, it is your responsibility to reach out to these past clients and use their insights to make an informed decision about a real estate agent.

Client referrals are exceedingly valuable because they can help you better understand what it's like to work with a real estate agent. They also can give you a glimpse into whether a particular real estate agent can provide you with the assistance you need to accomplish your homebuying or home selling goals.

Allocate the necessary time and resources to compare and contrast several real estate agents – you'll be glad you did. If you find the right real estate agent today, you can move one step closer to enjoying an unforgettable homebuying or home selling experience.





Posted by Collins & Demac Real Estate on 8/21/2015

Are you looking to hire a real estate agent to sell your home? Here are some must ask questions of real estate agents before you sign on the dotted line. 1. Do you work full or part-time as a real estate agent? 2. How many homes have you sold in my area and what was the price range? 3. What is your average days on the market until a house goes under agreement? 4. How many sellers are you currently representing? 5. At what price do you think my house will sell in the current market? And why? 6. What is your advertising and marketing plan for my house? 7. Can I see a sample of your marketing? 8. What kind of communication schedule can I expect from you? 9. How long have you been a real estate agent and how much education have you received? Do you have any special designations? 10. Is your real estate license in good standing and have you ever been subject to a client complaint? 11. Why should I hire you over your competition? 12. Do you have a website? What kind of online presence do you have? Lastly, don't forget to ask for testimonials or references.







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