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DON'T
GO IT ALONE:
USE A PRO TO SELL YOUR HOME
When
the time comes to sell your home, you must decide
whether to seek assistance from a real estate
professional or attempt to sell it yourself. Take
a tip from the REALTORS Association of York &
Adams Counties (RAYAC): You can save yourself
a lot of time and trouble by listing your home
with a professional.
People
who try to sell their own homes are denying themselves
the benefit of a real estate professional who
is trained to sell real estate on the terms most
advantageous to the party he or she represents.
"An efficient real estate broker keeps the
clients' interest in mind at all times, provides
frequent status reports and has a clear understanding
of the housing market and financing terms,"
says Bob Schindo, president of RAYAC.
According
to a 2002 survey from the National Association
of Realtors ® , only 13 percent of consumers
today sell their homes without the service of
a real estate professional. The majority of those
who decide to "go it alone" report misgivings
about doing so again. Among the major problems
cited are understanding and performing the paperwork,
getting the right price, helping the buyer obtain
financing and attracting potential buyers.
"To
maximize exposure and minimize problems, go one
step beyond just hiring a real estate agent. Enlist
the services of a Realtor® -that is, a member
of the National Association of Realtors® .
Your peace of mind and a great deal of money are
at stake. With professional assistance, the home
selling process can be made much easier,"
Schindo says.
By
working with a Realtor® , you have the added
protection of a professional who subscribes and
adheres to a strict Code of Ethics.
The
following guidelines, suggested by RAYAC, can
help you find a real estate professional to meet
your home selling needs.
Choose
your agent with care, as you would a lawyer or
doctor. Talk with friends, neighbors and co-workers
who have recently bought or sold a home in the
area. What kind of service did they receive? Would
they select the same broker or company again?
Focus
on real estate companies that specialize in residential
sales. Look for posted "sold" signs.
A company with a successful track record warrants
consideration.
Read
the real estate section of your newspaper and
look online for listings of homes in the same
price category as yours. This will allow you to
identify companies that market homes similar to
yours, and see how your home stacks up against
the competition.
Target
companies located in your area of the community.
They are more likely to be familiar with the area
schools, businesses and places of worship -- precisely
the type of information that likely will be sought
by prospective buyers.
Once
you have narrowed your selection of potential
listing companies or REALTORS, contact each for
an interview. The following questions may be helpful
in selecting a broker or agent:
Have
long have you been licensed?
How
long have you actively worked in the area?
How
many home sales have you closed in the last three
months?
Do
you work full-time as a real estate professional?
Can
you give me names of three references whose homes
you've recently sold?
How
will you work to actively seek buyers for my home?
Will
you participate in a cooperative listing service?
Are
you a member of the National Association of Realtors
®
?
Have
you earned any specialty professional real estate
designations?
What
professional courses or training sessions have
you recently attended?
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