The estate agent will prepare details of the house for people who are interested in buying it. These details will include the number and size of the rooms and all the fixtures and fittings which will be left in the house. The estate agent also arranges for the property to be advertised. The estate agent first of all visits the house in order to value it and decide on an asking price with you. You may wish to ask more than one estate agent to call and value the house. It is also advisable for you to check the price that the estate agent suggests by comparing it to similar houses in the area.
They act as an intermediary for buyers’ agents; if your agent does their job well, you may never see a prospective buyer or buyer’s agent. Because of this, it’s crucial to choose the estate agent that knows how to correctly position your house in the market . a) Know that many estate agents will overvalue your property in an attempt to win your instruction.
You’ll then work out showing times with each agent; evenings and weekends tend to be more convenient for buyers. Then, create a glossy sales sheet and make a few dozen copies. If you choose not to spring for a pricier FSBO package, you can post your FSBO listing directly on consumer-facing real estate sites such as Zillow and Trulia. It’s free to post FSBO listings on both of these sites, which collectively reach millions of prospective buyers. For more, check out Real Estate Witch’s comprehensive guide to listing your FSBO on Zillow. Start toprepare your house for salewell before you list it. The goal is to make it easier for potential buyers to envision themselves in your home, rather than seeing signs of your personality everywhere.
At the end of the day, it’s up to you to determine whether FSBO makes sense for your home, market, and objectives. You’re Not Obligated to Respond to Low or Unserious Offers. That a buyer’s agent takes the time to send you an offer has no bearing on the offer’s quality. Feel free to reject unrealistically low offers out of hand; more often than not, the same buyer will come back with something more in line.
Plus, storage space is a big selling point for buyers, and the less of your stuff they see in the closets, the bigger your storage spaces will look. Now’s the time to go through all of your stuff and donate, give away, or trash anything you don’t love or need. And decluttering now will reduce the amount of stuff you have to move when it’s time to go.
For example, ask an estate agent,“What’s the highest price you can get for my house? ”And you’re likely to get a fanciful figure pulled out of thin air. In property, there are always exceptions to the rule however; it’s almost always the case that focusing on achieving the above goal will result in you selling for highest price in the shortest time. The problem is, when speaking to estate agents, they won’t always tell you the truth. If the market is cold, most agents will be too scared to give you that negative news.
Remove anything that contributes to the home’s lived-in feel, such as family photographs, and hide it away in locked closets, storage areas, the garage, or an off-site storage unit. Take the opportunity to sell or give away possessions you no longer need; use eBay, Amazon, Craigslistor an old-fashioned garage sale to offload them quickly. Your agent also receives prospective buyers’ offers and acts as an intermediary in negotiations.
You and anyone acting on your behalf, for example, an estate agent, must try to ensure that an EPC is available within 7 days of the property first being put on the market. If you’re planning on selling your home, you must provide an energy performance certificate , free of charge to potential buyers. An EPC gives information on the energy efficiency of a property using A to G ratings, with A being the most energy efficient and G the least efficient. The certificate is produced by an accredited domestic energy assessor. Forbes Real Estate Council understand what might shorten or lengthen a property’s time on the market. Below, they share 12 factors to consider when selling a home.
Sales experience and local market expertise come in handy here; a competent agent can help you sort long-shot offers from quality ones. Your agent is the primary organizer of and point of contact for home showings and open houses.