A house is usually the biggest investment that a person will make in his or her lifetime. One of the most important questions that should be in a seller’s mind is “Am I receiving the best price for my house?” This question is even more important because prices of homes in the Bay State have fallen dramatically since 2005-2006, and it is difficult to figure out the current value of a home in these unstable market conditions.
It is human nature to want to save on costs and increase one’s return. As a result, some people attempt to sell their house “For Sale by Owner” (FSBO). It appears quite simple at first, until it dawns on the seller the large amount of effort and uncertainty revolving around the sale of a home. Not surprisingly, 80% to 90% of homes listed FSBO eventually get listed by a Realtor or real estate agent.
As a seller, you will encounter certain questions:
When dealing with a competent Massachusetts Realtor, you will receive priceless value because each of these questions can be answered by them. You will see that they have loads of knowledge about the local real estate market, great people skills, and the backing of a quality real estate agency. In the long run, a great Realtor will save you cash, time, and annoyance.
Listing Price – By comparing your home to other similar homes, a qualified Realtor will be able to choose a listing price that is fair and competitive. Factors that Massachusetts Realtors consider are comparable homes for sale, along with homes that have recently been sold in that location. There are a number of other variables that affect an ideal asking price such as the home’s age, the total number of bathrooms and bedrooms, garages, pools, amenities, and renovations.
Plans to Market Your Home
A qualified Realtor wants to have your home seen by as many people as possible to maximize the number of potential buyers. There are many tools that can be utilized to market homes such as yard signs, ads in local real estate magazines, listing your home on the MLS, using real estate websites, flyers, etc. A Realtor has an incentive to market your home as their commission relies upon its sale.
Finding Buyers Who Are Qualified
A well qualified Massachusetts realtor representing the seller will check to see that the potential buyers are, in fact, qualified. A good Realtor checks such things as whether the potential buyer has a pre-approval from a reputable lender, whether the potential buyer needs to sell another house first, and whether the potential buyer is able to close in a reasonable amount of time that fits the seller’s schedule.
The Final Sale
A good Realtor is an expert in the home selling process and will make you clearly aware of your options, rights, and obligations. This Realtor uses their negotiating skills to help determine quality offers, determine appropriate counter-offers, and will assist in receiving the best price for your home. This Realtor can also explain the legal aspects of the contract and make it easy to close the sale.
Why should I use a Massachusetts realtor again? – Because a good Realtor will determine the correct listing price for your home, market your home properly, bring quality buyers to the table, streamline the closing, and more importantly lower your stress of this major decision.