Grand Rapids Michigan Real Estate Blog

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10 Questions To Ask a Realtor Before You List Your Home ~ Part 4 of 4

Most of us sell only a small number of homes in our lifetimes. With limited experience

in real estate how are we capable of maximizing the profits from our home sale? Many

home sellers make the critical mistake of thinking all Realtors are the same. They list

with the first agent who comes along. Does it make good business sense to put the

responsibility of selling your home with someone who has no plan or qualifications?

 This report will educate you with valuable information that will help you

make the best decision concerning: With which real estate agent should you list? 

 

                                        for sale sign

 

Start by doing a few hours of research. Ask around ... talk with someone who has had a

positive experience with a Realtor in your neighborhood. Find out which agents are highly

visible in your market area. Get to know who has the most web presence, ads and

 marketing material in your neighborhood. Who's the most active agent? Compile a list

of agent names and use these questions to help you determine which agent is right for

you. Now you have the list ----Google each one to see how they compare. Make an

appointment and ask the prospective agents the following questions: 

 

 

What does the listing agreement entail, what are the beginning and expiration dates,

and what are the fee amounts I will be paying?

Have your agent go over every detail in the listing agreement with you until you

 understand it completely. Make sure the beginning and ending dates are on the

agreement; a good standard for length is four to six months. Know exactly what fees

you will be paying and remember that less is not always better. If the agent stands to

 make very little commission you can bet it will be reflected in the amount of time and

 effort that is spent marketing your home. If the agent reduces the commission to get

 the listing it may mean they intend to spend very little money promoting the property.

What disclosure laws apply to me and what do I need to be aware of ? 

 Expect your agent to thoroughly explain the state required Seller's Disclosure Statement

and Lead Base Paint Disclosure. When completing these forms be sure to answer truthfully.

If the basement leaks, say so! We do not operate in a "Buyer Beware" real estate

environment and agents expect sellers to answer property condition statements

straightforwardly. The best method of dealing with any property defect or maintenance

requirement is to have it repaired or replaced prior to marketing the home. This prevents

 a repair from becoming a negotiating issue.

What separates you from your competition and what kind of feedback will I receive

from you?   How effectively will you advertise?  Do you have 24-hour advertising

capability? Will all the leads be followed up on by your agent's team or will they go

to other agents who may have other listings they would prefer to show?

Agents who are innovative and offer new methods of attracting home buyers will

measurably outperform agents who rely on methods of the past. Marketing effectively

in today's market and beyond requires progressive strategies that add value and

service for both buyers and sellers!

10 Questions to Ask a Realtor Before You List Your Home ~ Part 1

10 Questions to Ask a Realtor Before You List Your Home ~ Part 2

10 Questions to Ask a Realtor Before You List Your Home ~ Part 3 

All 10 Questions Can Be Viewed Here

_____________________________________________

The authors of the this blog write about Grand Rapids Real Estate,

the Greater Grand Rapids MI area, and what it is like to live in

West Michigan.  We believe: Grand Rapids is a Great Place to Live!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

________________________________________________________

 

 

 

Comment balloon 8 commentsTerry & Bonnie Westbrook • October 29 2009 04:44PM
10 Questions To Ask a Realtor Before You List Your Home ~ Part 4 of 4
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