Before homeowners put their property on the market, they have to decide whether they will try to sell it themselves or engage the services of a real estate agent. Many people object to paying a percentage of the purchase price to an agent, but are concerned about the amount of time it takes to do the work themselves. Today there are companies that are offering an alternative to commission based real estate sales. In Illinois, sellers can hire a flat fee Realtor Chicago industry professionals recommend.
You may have concerns that you won't get the same service with one of these agents that you would with a commission based real estate company. When you first meet with a representative, you should ask what to expect. In most cases, your agent will stay in contact with you to give you updates and suggestions. An opinion of value based on comparable sales is something else you can expect.
Once you have agreed upon the terms, your agent will go over the listing contract with you, answer any questions, and have you sign it. The real estate agent may have some suggestions about how you can stage your house to make it more attractive to potential purchasers. This usually involves removing any clutter, taking down personal photographs, and possible removing some excess furniture to make the rooms look bigger.
The company will provide a for sale sign that includes phone numbers and web addresses. The company will install a lock box if the house is empty. The real estate agent will have a representative take pictures of the outside and the interior of your house, being careful to present it in a positive way.
A big advantage of having a real estate agent is the ability to put your property on their multiple listing service. This lets all the other agents know about the property and gives them an opportunity to show it to customers. Your agent may decide to set up an open house so that a number of house hunters can tour the home.
Your agent will present any and all formal offers made on your house. It is important to go over each offer carefully and consider any amendments or stipulations a buyer wants to add to the original package. You can accept an offer without revisions, make a counteroffer, or turn it down. The agent can offer suggestions based upon experience, but the decision is yours.
The closing will probably be conducted in an attorney's office. Prior to the actual day and time of the transaction, you agent should offer to go over the closing documents with you to make you sure you don't have any questions or concerns. The agent will attend the closing with you.
There are a lot of details in successfully selling any type of real property. If you are not a professional, the process may be overwhelming. Choosing a real estate agent, and paying a set fee, will relieve you of much of the burden.
You may have concerns that you won't get the same service with one of these agents that you would with a commission based real estate company. When you first meet with a representative, you should ask what to expect. In most cases, your agent will stay in contact with you to give you updates and suggestions. An opinion of value based on comparable sales is something else you can expect.
Once you have agreed upon the terms, your agent will go over the listing contract with you, answer any questions, and have you sign it. The real estate agent may have some suggestions about how you can stage your house to make it more attractive to potential purchasers. This usually involves removing any clutter, taking down personal photographs, and possible removing some excess furniture to make the rooms look bigger.
The company will provide a for sale sign that includes phone numbers and web addresses. The company will install a lock box if the house is empty. The real estate agent will have a representative take pictures of the outside and the interior of your house, being careful to present it in a positive way.
A big advantage of having a real estate agent is the ability to put your property on their multiple listing service. This lets all the other agents know about the property and gives them an opportunity to show it to customers. Your agent may decide to set up an open house so that a number of house hunters can tour the home.
Your agent will present any and all formal offers made on your house. It is important to go over each offer carefully and consider any amendments or stipulations a buyer wants to add to the original package. You can accept an offer without revisions, make a counteroffer, or turn it down. The agent can offer suggestions based upon experience, but the decision is yours.
The closing will probably be conducted in an attorney's office. Prior to the actual day and time of the transaction, you agent should offer to go over the closing documents with you to make you sure you don't have any questions or concerns. The agent will attend the closing with you.
There are a lot of details in successfully selling any type of real property. If you are not a professional, the process may be overwhelming. Choosing a real estate agent, and paying a set fee, will relieve you of much of the burden.
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You can get valuable tips for selecting a real estate broker and more information about a flat fee Realtor Chicago area at http://www.selectafee.com/menu-of-services now.
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