Because of the technology available for home sellers and buyers, do real estate agents really matter anymore?
For buyers, the study that you can do online and with the phone is amazing. Apps like Redfin and HomeSnap enables you to drive down a street, take out your smartphone, aim it a home and snap a picture. Depending on your GPS coordinates, the apps will tell you almost anything about that property. You don’t even have to know which street you’re on!
Therefore the information revolution is empowering individuals who are trying to find a home. As well, an option Home Warranty survey found out that more than two-thirds of Americans don’t trust green bay realty companies.
Real estate professionals are salespeople. They attempt to get the deal done. Sometimes a realtor has to be part shrink and part salesperson to shepherd an arrangement throughout the finish line. Maybe times you may feel like a broker is not there to suit your needs mainly because they try to get the deal done.
So time and again, I get the question: With all the current technology around to help you and acquire you listed on the MLS, should you really execute a FSBO (on the market by owner)?
My answer depends. If you have the personality of a merchant and can embark on a nicely-planned sales and marketing plan; if you can drop everything to offer your home; if you can have thick skin each time a potential buyer looking at your residence disses your decorating or whatever it may be, then maybe you’re OK in order to sell your house yourself.
But selling your house yourself is not just receiving a ‘HOME FOR SALE’ sign in the yard. You need to have a sales plan. And be smart about it: Even though you’re trying to cut the commission out, always put ‘Agents Protected’ on your own sign.
A compromise may be other alternatives available like the hybrid services from RedFin and YourIgloo.com (a flat-fee MLS listing service) that permit you to pay fees or lower commissions for any package of services or even for individual services. As an example, maybe you’re busy and wish the company to complete a showing for you, then you certainly pay a fee for that. I feel the hybrid methods beat the real FSBO route.
What’s the best time of the season to list your property?
People often think of listing a residence sometime during April, May, or June. The concept is the fact that listing early in the year during prime selling season will bring you the best price.
Yet syndicated financial writer Kenneth Harney says that’s actually not true. In city after city, starting a whole new listing in the wintertime will in reality get you a better amount of money for your sale of your property normally. Every property is different, needless to say.
The reason is that home prices dexkpky60 peak at the end of winter/early spring when the least quantity of properties are on the market, but people are already out looking.
So you’ll make more money by avoiding the most popular wisdom.
However, older listings that have sat available on the market might be a real thing for buyers once they hit Nov. 1. That’s because sellers often capitulate specifically if they’re still on the market throughout the holidays. They become ‘motivated sellers’ in the terminology in the industry.