How Much Must You Trust Your Listing Agent?
You and your family have decided to sell your house. It is now time to choose a real estate professional to help with the process. One of the major attributes this agent must possess is trustworthiness. To what degree do you need to trust them?
You must have enough trust in them that you feel comfortable they will accomplish all four things below:
1. Sell possibly the largest asset your family owns
In many cases, a home is the largest asset a family has. Studies have shown that the equity many families have in their home is the largest percentage of that family’s overall wealth.
2. Set the correct market value on that asset
Pricing is crucial even in the best of markets. You want to get the best price for your home without putting your house at a value that buyers will have little interest.
3. Set the time schedule for the liquidation of that asset
Your family probably has a certain timetable for the sale of your house and the move into your next home. Coordinating the home selling process to meet certain schedules can be tricky.
4. Set a fair fee for the services required to liquidate that asset
You will need to pay a commission to an agent for selling the home and coordinating all elements of the selling transaction including possible future negotiations (ex. with a home inspector or appraiser).
That’s a lot of trust. Make sure you pick a true professional to help with the sale of your home.
Buyers Want To Know: Why Is Housing Supply Still So Low?
While low inventory in the housing market isn’t new, it’s a challenge that continues to grow over time.
With Mortgage Rates Climbing, Now’s the Time to Act
Historical data shows that today’s rate, even at 3.45%, is still well below the average for each of the last five decades.
Why Inflation Shouldn’t Stop You from Buying a Home in 2022
Housing is commonly looked at as a good inflation hedge, especially with interest rates so low.
Real Estate Professionals Are Experts at Keeping You Safe When You Sell
Real estate professionals have learned new technologies plus safety and sanitation measures.
There Won’t Be a Wave of Foreclosures in the Housing Market
Most homeowners exited their forbearance plan either fully caught up or with a plan from the bank to start making payments again.
Avoid the Rental Trap in 2022
Before you decide whether to look for a new house or another apartment, it’s important to understand the true costs of renting in 2022.