Archives for April 2014

Selling My Home was a Breeze

How many of you consider selling your home but when the thought of the long drawn out process crosses your mind, you immediately lose interest? Well, that’s understandable but I must admit, selling your home isn’t as intense or stressful as you most assume. Yes, there’s the red tape and of course the waiting, but you’ll manage to make it through that part with ease, thanks to the expertise of the realtor who will help you sell your home.

It’s also helpful to become acquainted with the listing documents for selling your home. Your realtor will make these available to you as they will include the listing contract and disclosures for the property and agency.  This may sound a bit overwhelming but it’s actually just the coin that gets the ball rolling. These are the documents that say, “Hey, I’m ready to sell my home.”

You’ll find the decision to enlist the services of a realtor to be the best one of your life. Let’s face it, realtors are experts in the field of home sales and they are the liaison between your home and individuals in the buyer’s market. Plus, it doesn’t hurt that realtors typically have access to multiple listing options. Besides, how many people do you think the For Sale by Owner sign will actually draw in?

Hey, another benefit of your realtor is that he has the potential to generate tons of individuals who are interested in your home. Yes, you get to sit back and watch others in a bidding war to get the home of their dreams. Buyers are eager to purchase, but they assume that you are eager to accept less than your listing price. When in essence, they are usually willing to pay more than they offer. Be gutsy but don’t be arrogant.

Once all of the details have been inked at closing, you’ve found that the process wasn’t half bad after all. In fact, you sold your home at a great price and was better than pleased with the outcome.  Rest assured, closing at title offers a bit more comfort because the title company is there to oversee that all documents are in legal order before the deal closes. Believe me when I say, this is crucial to your health, because one slip of the pin could take your breath away and not in a good sense.

Now that you’ve gotten your house sold, what do you do next? Well, that’s the fun part. It’s time for you to pack up and move. Don’t worry, the new owners won’t be standing at the door with key in hand before you’re out, unless of course you fail to negotiate a move out time that works for both parties. Be sure to put these terms in writing. You wouldn’t want to be evicted from your former home by its new owner.

 

For Sale By Realtor

So, you’re selling your home? The floors are done, the paint is fresh and the fixtures are all contemporary and fully functional. Your home is ready to sell or is it? What else could you possibly need? Oh no! Don’t sell without a realtor.

In essence, you could choose to list your home on Ebay with a few polished photos, the cost and wait on the calls and emails to start pouring in.  Once you’ve found a buyer, have them send you the money and BOOM…your house is sold!  Only, if it were that easy and because there is so much more to the process, you should clearly use a realtor.

Hiring a realtor to sell your home will help you alleviate the chance of costly mistakes.  Unless selling homes is your profession, there are probably a few things that you aren’t completely knowledgeable of and a realtor can help in this area.  The expertise and knowledge of a realtor can possibly increase the selling price of your home by helping you to realize the true value of your home. 

If you decide to sell without a realtor, once the negotiation and contract phase rolls around, there could be massive amounts of confusion and feelings of frustrations. Years ago, the home buying process was a bit more simple but now the legal disclosures, contract agreements and other legal documents are so intense, that one slip up could have you purchasing the home that you intended to sell. It sounds funny but trust me, definitely not a funny feeling when it happens.

Sell Your Home the “Real”tor Way 

Realtors are professionally trained to help you avoid any contract and negotiation mishaps that could lead to a lifetime of disaster. They are aware of the state and federal mandates that must be met during the selling of your home and will work with you to ensure that they are all met. 

Don’t be misled by faulty commission myths that encourage you to find realtors to sell your home for commission amounts less than 6%.  Keep in mind, in most cases the commission amount is divided among other parties, which decreases the amount your realtor actually gets. 

The seller who attempts to pay less in commission is doing himself an injustice as it primarily restricts the incentives that other agents have to bring buyers to your home because your realtor has limited funds available to market your home.  Agents are motivated to show homes of sellers who are motivated to sell and offering a small commission doesn’t say “I’m motivated to sell.” If you believe in the value of your home, place an equal value on the quality and effort given of your realtor.

Do you see the difference in a “For Sale by Owner” and a “For Sale by Realtor?” Call me today for information on selling your home!

I Want to Buy a House but Who’s Going to Pay My Agent

You want to buy a home and quite possibly have already started the process but wait don’t forget to take care of your agent’s fees.  At this moment, if you’re like most people, you’re probably a bit jarred as to what this means to you.  The agent who takes the time and dedicates hours and sometimes months to finding the perfect home for you, must be paid but is it your responsibility?

First, let’s be clear in that several buyers are somewhat fogged about the manner in which their agents are paid.  There is a common belief that agents are paid by the companies they work for.  While this has an extent of truth to it, it’s not where the money actually comes from.  In fact, let’s clear this misconception before we go any further.  The buyer’s agent is paid by the seller.

This indeed is good to know but there is more to it than just that.  First and foremost, it’s impossible to pay the buyer’s agent if the buyer doesn’t secure one.  Because there is no execution of payment from the buyer as a promise of exclusive services from the agent, how does the agent know you’ll commit to make your final purchase through them?

A buyer-broker agreement acts as a tool of security for the buyer as well as the agent.  A lack of understanding of what this agreement does for the buyer can often cause buyers to question it.  The buyer’s agent works hard to find the home that fits your needs.  Signing this agreement only indicates your intent to purchase with the agent indicated on the agreement.  It’s only fair that the agent has the security of knowing they’ll be paid for their services. In return the buyer is reassured that their agent will work diligently to find them a home in order to be paid.

When the decision is made to place a home on the market for sale, people have one thought in mind.  They think to themselves, “I want to sell my home.” This initiates an agreement that grants payment to the agent that brings them a buyer.  As a buyer, use an agent that has your best interest in mind.  It is essential that you stick with them because choosing to purchase through one other than indicated on the agreement, will require you to pay the required agent commission.  Therefore, committing to the buyer-broker agreement actually saves money on your new home purchase.  Who wouldn’t want to save money?

 

Needing a buyer’s agent in Tucson, Arizona for the purchase of your new home? Contact me today to help find your dream home.

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