Top 7 Concerns Sellers Have When Choosing a Realtor
It has become
very common to interview more than one real estate agent before
making a commitment. The reason is simple. The sale of your home
may be the number one biggest financial transaction in your lifetime
and therefore today's prudent 'seller wants to be sure to be in
good hands. Beyond that, however, there are certain things that
are important; some more, some less depending on whom you talk with.
The following concerns seem to be the ones most common:
- Marketing
And Advertising. Effective marketing is obviously of great
importance. The more marketing and commitment to advertising,
the better the chance of finding the right buyer both sooner and
willing to pay a good price.
- Negotiating
Skill And Commitment To Getting The Best Possible Price. Sellers
have reason to be genuinely concerned that the agent has their
best interests at heart. The agent must be willing to counsel
properly and have a strategy for dealing with low-ball offers
and concerns of an inexperienced buyer. The agent must be able
to prove value based on neighborhood knowledge and personal belief.
- Communications
And Availability. The most common complaint among clients
having completed a real estate transaction previously is that
the last agent failed to stay in touch. Communication is critical.
A good agent will give regular progress reports with feedback
about comments made after a showing and will discuss the marketing
strategy on a continual basis, then with progress reports when
the property is in escrow, seeing to it that every need the seller
may have is catered to. The seller deserves this kind of service
which is often overlooked.
- The Seller
Wants To Be Sure That The Agent Genuinely Cares And Is Not Too
Busy. Because communication, marketing, networking, negotiating
and escrow follow-up all take a good deal of time, a seller needs
reassurance that the agent sees this transaction as a priority.
The seller wants to be sure that the agent will devote quality
time to dealing with details.
- Clientele
and Experience In The Neighborhood. Sellers are more comfortable
working with an agent that has a track record for selling homes
in the neighborhood. No one wants to deal with an inexperienced
agent or one that has rarely sold a home in the immediate area.
- Qualifying
The Client And Eliminating The Troublesome Situations. Sellers
have reason to be concerned that they are not unnecessarily tied
up and end up falling out of escrow. A good agent is experienced
and concerned with prequalifying the buyer and eliminating potential
problems before allowing his client to be involved with a buyer.
- Energy,
Enthusiasm And Personality. Most important is chemistry. A
seller needs it to feel right. No matter how smart, experienced
and knowledgeable an agent, the seller must feel the trust, the
commitment, the energy and the enthusiasm. The enthusiasm must
be genuine for the neighborhood, for
Sellers often
select an agent by referral therefore relying on someone's else's
good experience. However, when a referral is not available, be sure
the agent you select cares about you, your family and your bottom
line. A good agent will address the above issues with you and provide
you a plan of action addressing your personal needs.
Copyright© Ron Wynn 2000
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