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Importance of Using Real Estate Agents for Selling Your House

By: Leda Real Estate


Date Added : November 16, 2011 Views : 21896
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With the current economic downturn and the collapse of the lenders market few years ago, the prices of houses have dipped to an all time low. This is very discouraging to investors who put their money in the real estate market and anyone who wants to dispose off their property. Selling your house in such an economy does not look attractive by all means. However, using the right strategies, you can still manage to get a decent price when you sell your apartment or any other property. Besides being lucky to get a buyer, there are many things that can be done right to increase the chances of guaranteeing a sale within the shortest time possible.

First and foremost, the greatest determining factor in selling your house above everything else is the asking price. Even an overpriced luxury house would easily turn away potential buyers. That is why it is imperative that a reasonable price is set as the buying price in order to attract the attention of worthy buyers. How to get the best price requires the input of experienced valuers who can be hired independently or use a real estate agent valuer.

Upon valuation you can decide to go it alone and market the house or list your property with a real estate agent. With listing, there are many types of agreements that you can choose from with each of them having their own advantages or disadvantages. Ultimately, whether you use exclusive agency listing or exclusive rights to sell listing, the services of real estate agents are indispensable. Listing your property will give you the advantage of getting your property advertised to a larger buyer’s audience than if you market it yourself. Just ensure that you are not misled by low commissions and high house prices set by some agents who want to make quick money and will not sell your property.

Repair works before selling your house are also important just as anyone selling a second hand product would want to make it look as good as new. Majorly repainting your house and doing various repairs would be sufficient to make it look good enough. However, you should not divert a lot of funds on this process because it might end up draining your finances, which would be essential in paying for your new home.

Finally, to get you through the paperwork and legal processes that go with selling your house, you need to hire the services of a conveyancer. At a commission, these property legal experts will facilitate on your behalf the processes of name searches and name changes, which will save you a lot of time and money. Also, you need to factor in the disclosure laws that are significant after home inspections. Usually, when making an agreement with a buyer and you have discovered problems during home inspection, you will be required to disclose in writing or verbally any material that can cause harm to the next occupant or if there are any underlying problems with your house that would be of interest to the buyer. You can consult your real estate agent or attorney for more direction when it comes to disclosure laws.







Article Source: Importance of Using Real Estate Agents for Selling Your House

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