The #1 mistake Home Buyers and Sellers make?
What’s the #1 mistake Home Buyers and Sellers make? They don’t shop for a Realtor. 70% of buyers and sellers pick the first Realtor they talk to. Would you buy a house or a car without shopping for one?
First, not all Realtors are the same. They vary in experience, knowledge, and personalities. All Realtors have access to the same databases but it’s outside the computer that can make a difference.
Buyers: The most important first step is to understand and get the financing down. Have the realtor help you with shopping rates: finding buyer incentive programs, and getting the right loan for you. This might include planning for the amount of money down and how much you would need for renovations.
Can your Realtor help you in a multi-bid situation? Asking all the right questions and getting to know what the sellers want can make the difference between winning or losing a contract.
Do they communicate well with you? They should be asking questions and listening so that in turn they can communicate with others on your behalf.
Sellers: I feel a little ridiculous saying that pricing your home is very important. Price it too high and it will sit on the market then buyers will wonder what’s wrong with it. Price it to low and you could be leaving money on the table.
When getting ready to sell what should be done to the house? This is a key point with Realtors. Ask for a list of things they think should be done to help sell your property.
In the end if Realtors know your shopping them around they might be willing to reduce their commision.
Make sure you ask them what type of Marketing they are planning on doing?
How many open houses are they going to hold?
Are they willing to Market your property on Facebook?.
Will they create and hand out marketing materials to your neighbors?
I too am a Realtor and would love to interview for the job. So, shop around to get the best representation for YOU!
Long and Foster
926 Pennsylvania Ave. SE, Washington DC 20003
Doug Lewis
REALTOR
Cell: 443-432-0100duggerlew@yahoo.com