Real Estate Information Center

Selling my own home without a real estate agent is relatively simple. What makes selling one’s own home so daunting is the amount involved, for most dealing in tens or hundreds of thousands is not what one does everyday. Still, selling one’s own home is simply a process of controlling a few basic points of the real estate sale.

First is determining a sales price. The hardest part of this process is divorcing emotion from business; after all, regardless of feeling selling a home is a business deal. But if one can take an objective look at the sales price of comparable homes in the same neighborhood or market, a ballpark selling price should come to mind. Refining that price may take a trip to the courthouse to see tax value of neighboring homes.

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When buying or selling a property there are many different areas to take into consideration and what may seem like a small compromise at the time can lead to a nightmare down the track. It is no surprise with so much at stake that people are enlisting the services of a professional real estate agent to guide them along the right path to make their final decision. The difference in using a qualified property agent and trying to navigate the process yourself could end in tragedy.

Not all real estate agents are alike, though. There are many different factors that play are part in selecting the right one for you. In some circumstances, there may be hundreds to choose from in certain areas. How to even begin selecting the best agent can be confusing, for instance finding an agent for Narangba property or North Lakes property. By taking a few key factors into consideration, though, it is possible to find someone who will make the process incredibly easy and pain free.

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Basic rule in real estate is that all properties are unique and no two transactions are alike. Whether you are a first time home buyer or a repeat, it makes sense to obtain a service and to work with an experienced broker or agent who knows the community, has seen numerous homes for sale, knows local values and has spent years negotiating property transactions.

–Search. The best place to find a local agent is the internet. The others are a local builder association, open houses, local advertising, referrals from other agents, recommendations from neighbors, and suggestions from lenders, attorneys, financial planners, and past clients.

–Interview. Talk with many agents to get a personal “feel” before selecting one to work with. A good agent you eventually chosen to work with could be one of your most valuable resources. The interviewing process will help you evaluate the agent’s ethical stance and trustworthiness issues as well as his or her competency. Agents should have a thorough knowledge of the property market in their communities, familiar with local zoning and tax laws.

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It is the job of a real estate agent to find you a buyer, but perhaps you can do it yourself.

Standing at your yard looking at your house, you think to yourself, you are going to sell the house but would you just do it yourself or hire an agent? Think, consider, and assume.

Apparently, when you have an agent or broker, about 3-4% of the sales price goes to them, for after all they did their part of the job. But, that could mean money getting out of your pockets or wallets and fat bank accounts, right? Plus there is a global financial crisis, deny it or accept, that even the well-off families and companies along with big corporations are forced to thrift if they want to keep their business running. Finally after a day or two of reconsidering, you have decided to get yourself a buyer without the help of a broker or an agent. Now, the big question is – How? That’s what we are here to find out.

Often the first steps are fundamental and basic to house selling and even home renting. To be visible to a community of buyers, why not do promotional activities or ads?

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