Ready To List With A Real Estate
Agent?
12 Things Your Agent Must Do to Maximize Your Profits!
Ready to place your home on the market?
Do you understand the process of selling your home – all the
"little" details? Before you list with an agent, educate
yourself about all the possible things you could face. Be as informed as
possible, so you can make the absolute best business decision. After all,
the sale of your home is a business decision.
Most of us are not tuned into the trends and
fluctuations of the Real Estate Market. Additionally, we are not aware of
the steps necessary to maximize profits from the sale of our home.
Typically, you rely heavily on an agent to lead you down the most
profitable path. Well, when you consider your home is probably your
largest financial asset, doesn’t it make sense to list with someone who
will maximize your profits? But how do you find that agent?
This report is designed to empower you with critical
information necessary to evaluate an agent’s
qualifications and help you identify the professional top producer. The
more involved you become, the better chance you have of choosing the right
agent and consequently, the higher your profits will be!
Start by doing some research. Who are the most
active agents in your market? Look at advertising to see how professional
it is, ask friends and family, drive around the neighborhood looking for
yard signs, then compile a list of agents.
Request a Complete Plan
– From title to escrow, request a complete plan of all the services
they will provide you when you list with them.
Evaluate Their Team
– Top producers will have established relationships with lenders,
title reps, inspectors, etc. These professionals are there for your
benefit. If they are ill-prepared to handle all the steps of your
transaction, look elsewhere!
Detailed Report of Your Property
– Request a complete report about your property with ideas for
improvements, cosmetic changes, structural repairs or anything that
could add profit to your sale. Remember, a small investment up front can
often pay high dividends at the time of sale.
Alternative Report
– Request a complete report of alternatives to the home sale. What
would current market leases generate? Rentals? Responsibilities attached
with leasing? Have your agent educate you about all your options.
Insist on Pre-qualification
– Don’t waste valuable time negotiating or showing your property to
unqualified prospects. Insist that your agent pre-qualify candidates to
screen out all unwanted prospects.
A Net Sheet –
See in writing a complete net sheet, minus commissions and fees, showing
your exact proceeds at the time of sale.
A Marketing Plan
– This is the heart of your agent’s overall strategy. Require a
step-by-step plan with innovative new ways to attract home buyers. Your
agent should have 24-hour advertising, lead accountability and tracking
services. These services exist and you should insist upon them!
Telemarketing Efforts
– Investigate the agent’s capacity telemarketing team. Do they just
cold call? Or do they have a strategy to create proactive leads and call
on those prospects.
Direct Mail –
Investigate the agent’s capacity to send direct mail. How often do
prospects receive mail? Is it professional? Does the mail piece motivate
prospects to pick up the phone and call?
Advertising –
Is it well-written and professional? How many ad venues do they utilize? The should be advertising in a least
three: a homes magazine, community or local newspaper, and yard signs.
Remember, the quality of the advertising will directly influence how well
your home will be perceived. Negotiation Strategy
– Have written, well-conceived, negotiation strategy. The old adage, "You don’t get what
you deserve, you get what you negotiate," rings very true in real estate. Insist on a sound
negotiation strategy before you entertain buyers.
Closing Checklist
– Be sure to get a written closing checklist. You need to know in
detail how you will conclude the sale of your home. This should provide
a step-by-step procedure that will be easy to understand and follow.
My hope with this report has been to educate you and
help you avoid the pitfalls many home sellers go through. I hope you found
the ideas valuable and if there is ever any way I can be of service to you
or anyone you care about, please contact my office. Your initial
consultation is always completely free of charge and you’re under no
obligation of any kind. We’ll sit down for 15-20 minutes…
no high-pressure, just plain, honest talk about what it’s going to take
to achieve your personal goals. Go ahead, pick up the phone and give me a
call. I’d love to hear from you!
|