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selling property
Evaluating An Estate Agent
Step 1.
Invite local estate agents to visit your home and give you a listing
presentation, which typically includes: the reasons you should join
their agency, their duties to you as your agent and helpful information
about pricing and selling your home.
Step 2.
Single out those agents who:
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Provide you with advice how to best prepare your home for the
market;
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Show enthusiasm for your property, listens attentively, instill
confidence, operate in a professional manner, and have a complementary
personality style to yours.
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Have already researched your property in the public records.
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Bring data on nearby homes that have sold (or failed to sell)
recently.
Step 3.
Get the answers to certain key questions:
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Does the agent have the relevant estate agency qualifications?
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Is the agent a member of NAEA with its strict code of ethics?
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Is estate agency their full-time career?
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What estate qualifications does the agent hold?
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Who is the agent representing--you or the buyer? The discussion
is supposed to occur early on, at "first interview"
with you.
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In exchange for your commitment, how will the agent help you
sell your home?
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Have they listed or sold a home in your immediate area lately?
Step 4.
Sign a listing agreement with the estate agent that you select,
but pay particular attention any contractual time frames.
Many agents run a "no sale no fee" scheme, which apart
from benefiting the seller if the property remains unsold is an
added incentive for your agent to market the property successfully.
When you enter into a marketing agreement with Purser & Co,
it's your agreement, subject to your satisfaction.
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