Friday, October 31, 2008

What does a real estate agent (selling) do?


What does a real estate agent (selling) do? Getting the most for your home or property means doing more than putting a "For Sale" sign out in your front yard and entering information into the MLS. In this competitive market your property needs to be seen in a variety of places in order to stand out. And sometimes the right buyer is waiting out of state, or even in another country. To ensure sure your property gets noticed and sells without any problems you need to evaluate your marketing plan and you market position. It could mean the difference between no sale, and the payoff you've been waiting for.When I work with my home sellers I discuss their home sale needs, understanding and meeting my customers needs are my top priority; pricing your home correctly from the beginning and give you an estimate of net proceeds; present you with a competitive market analysis providing you with details about what buyers are willing to pay for properties similar to yours in your local market; develop a guaranteed full service marketing plan specific to my customer which include of course yard sign, postcards mailed to target areas, local & national advertising, internet property marketing (with more than 80% of buyers checking the web first when looking for a home, this is a part of your marketing strategy you can't afford to miss); home preparation recommendations; skillfully evaluating offers and negotiate counter offers; transaction management which is to coordinate and supervise document preparations, inspections, appraisals, contingency removals; and most importantly confirm the communication process (the biggest complaint most people have is lack of communication with their real estate professional). Have your agent provide you with their marketing plan and tell them that you would like to receive weekly or monthly updates via phone email etc., whatever makes you comfortable. Let your agent know what you expect and hold them accountable. Communication is the number one complaint that home buyers and home sellers have regarding their agent.Receiving the highest price for you home in the short amount of time is the goal for all home sellers. Using a professional make sense for what most people may be the biggest transaction of their life.

Sunday, October 19, 2008

Should you sign paperwork before your home search begins?

There is no required paperwork needed between buyer and realtor before the physical home search begins. But if you ask some Realtors who have been in real estate for a while you hear stories about how they wished they did have their buyers sign an buyers agency agreement. Just like the listing agreement, the buyers agreement spells out the responsibilites of both the Realtor and buyer. What could happen is that an agent will be working with a buyer who has emailed listings to customers, called other agents on behalf of the buyers to determine availability of properties and to schedule appointments, drive the buyers from one neighborhood to another possibly for months and then one day get a call from the buyer and they found a wonderful subdivision and the new home of their dreams and they just signed a contract with the buider. From the agent's perspective this is not good news as they have spent valuable time and money with this buyer with the expectations of payment for services upon the purchase of a home and I am sure most buyers don't even realize what has just happened. Not many agents like to work for free and I am sure no one else does either. Should you sign an exclusive agreement? Many buyers are uneasy about signing any agreements now a day but you can take steps to protect yourself should the arrangement not work your in best interest; ask for a short term agreement, ask for guarantees (make it a two way street), specify terms of purchase and price range and request a non exclusive agreement that protects the agent for procuring cause but does leaves you free to search for homes with other agents.

Contact Kari A. Battaglia, GRI, Realtor®, Broker Associate, Coldwell Banker Residential Real Estate, Licensed Realtor® in Florida at 941-270-1851 to list your property for sale or to purchase a property in Venice Florida, South Venice Florida, Englewood Florida, Nokomis Florida, Laurel Florida and for Tennessee real estate investments. I am currently accepting referrals.
Contact me by email at kari.battaglia@floridamoves.com. Need information fast, call me direct at 941-270-1851.
Copyright © 2008 By Kari A. Battaglia, mailto:kari.battaglia@floridamoves.com, All Rights Reserved, http://www.karibattaglia.com/.