Finding Realtors – What to Look For

Finding Realtors could be quite the challenge, especially so if you find yourself doing this for the first time. This reading will arm you with the awareness to make you proceed with this task much more smoothly and effectively.

Why should anyone even be Finding Realtors when anyone could do the buying or selling by themselves? First of all, a realtor would have access to much more information and listings than you would. They spend their time keeping track of the real estate market because it is their business to know, unlike you, who would only have the time to check out information on the real estate after work or during breaks from work. What the realtors know allows for them to make better-informed decisions and that would mean better deals for you! Other than them being updated on the real estate market, realtors would save you a lot of time. They would be there to represent you when you have someone interested in purchasing your property or if you intend to have a property checked. They will offer you counsel backed with experience and knowledge they have acquired through their profession as a realtor. If you have any questions or need to be represented, they will be there for you. Also, they are much more aware of factors would affect your property’s value and would have a better skill at estimating values of properties than you would. If you are a buyer, you will not have to worry about your representative’s fees since it would be the seller that would pay for that. So make the most out of this and start Finding Realtors who could potentially represent you!

Now, when Finding Realtors, you would have to make a list of traits/characteristics you would prefer in your realtor that would be listed according to priority for easy reference.

If it is your first-time to hire a realtor, you might want to go for someone who would be patient with you or actually enjoys representing first-time buyers or sellers of real estate property. You would, of course, need to be able to feel comfortable with this realtor who you would entrust a major decision to. Buying or selling a house or property is no joke! An experienced, professional and well-informed realtor is what you would need to find. You should also pick one whose area of expertise is in line with the properties you are looking into or are selling. When Finding Realtors, you have to be aware that realtors have specializations. One realtor might specialize in dealing with residential properties, while another would specialize in commercial properties. I hope the information you will find in this reading would be of much help in your Finding Realtors!

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Should I Sell My House “As-Is”?

Very few homeowners are enthusiastic about spending money to fix up a home that they will soon turn over to a new owner. Oh sure, the door from the garage out to the side of the house has some rot at the bottom, but that’s the garage and no one actually sees or uses that door anyway.

Like more than half of current home sellers, you may have decided to just sell your property “As-Is” and let the new owner fix what they decide is urgent.

But is that actually the best strategy for selling a home and netting the most you can?

There are two stages in the home selling process. The first stage is getting the property ready for the real estate market, listing it for sale, and the actual marketing of the home that results in the best possible price offered and accepted.

“Curb appeal” is always important. How your property looks to a prospective buyer driving through your neighborhood can be the determining factor in whether or not they want to see inside. Once inside, if that buyer sees a home that doesn’t look like it desperately needs repairs, he is much more likely to make an offer than if he sees a lot of problem areas. Buyers sees those red flags and think “… how many more problems are there that I can’t readily see?”

We counsel our sellers to take stock of issues prior to listing, and get the problems fixed! You’re more likely to get an offer you’re happy with if the buyer sees your home is in great shape, so budget for some home repairs and put your home in top condition for selling.

The second – and just as critical – stage of selling your home is getting that buyer to the closing table. It can be a huge blow to think your home is sold and then have the deal fall apart after you’ve already put a deposit down on your new home, and have your entire household in boxes.

Here’s a tip to reduce the likelihood of a buyer walking away prior to closing. Don’t let your real estate agent list your home “As-Is” in the MLS, and do insist that the non As-Is version of the sale and purchase contract be used.

Many erroneously believe that the As-Is contract provides the most benefit to the seller and not the buyer. After all, the contract specifically states that the property is being sold As-Is and that the seller will not be contractually bound to make repairs. On the surface that sounds like a good deal for the seller, who is naturally adverse to being required to spend any more on the house he is leaving.

Obviously, we are Realtors and not attorneys, and as such we do not dispense legal advice. However, it has been our experience that the As-Is contract is frequently most advantageous to the buyer, who can decide to cancel the contract for any reason, and at his sole discretion, at any time during the agreed upon inspection period.

In comparison, the non As-Is contract provides for limits as to how much the seller will be required to spend to repair any warranted items. Warranted items include the roof, plumbing, electrical, A/C, etc., and do not include items whose function is solely cosmetic. These repair limits get negotiated along with the other contract terms, before the contract is finalized.

Here’s the real clincher. In order for the seller to be required to make these repairs, the buyer must have inspections performed by individuals licensed to do so, during the inspection period. And the only issues the seller can be required to address are problems with warranted items. The buyer can’t perform his own inspections (unless his is licensed to do so), and can’t cancel just because he decided he doesn’t like the flowered wallpaper in the kitchen after all.

If you are serious about selling your home, want to get the best price, and want to reduce the possibility of your buyer backing out on a whim, think twice about selling As-Is! And of course please consult a real estate attorney prior to signing an offer if you have any questions about this or any other aspect of the purchase contract.

Lastly, it is always in your best interest to list your home for sa

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