After careful consideration, you’ve decided it’s time to sell your home or rental property! Every property owner will eventually be faced with this life-changing decision.
It can be a difficult decision to make!
And… Deciding on how to hire the right realtor to help sell your home or rental property can be even more difficult! Especially, if you don’t want the headaches of doing a For Sale By Owner.
Quick Tip: Doing a For Sale By Owner (an FSBO) to save on commission fees sounds like a great idea. But the truth is, it’s just not practical for 90% of the people who want to sell their home. Hiring the right realtor will be the next best option!
Below, we’ll discuss how to hire a real estate agent that has all of the qualities required for earning your business and their sales commission. After all, you should have nothing but the best help for selling the biggest asset you’ve ever owned, your home!
A rock-star realtor will have to serve you well to earn that 4 – 6% commission, let’s find out more about how to hire one.
Qualities Of A Professional Real Estate Agent
Hiring a Realtor will cost you a commission of around 4 – 6%, but the peace of mind that all the legalities are taken care of is worth it!
Plus, you don’t have to worry about getting your home listed on the MLS (Multiple Listing Service). By being listed on the MLS, other realtors will see the listing and show it off to a large pool of active buyers.
Besides just having a listing on the MLS, you need to make sure your real estate agent gives your home the best marketing and sales presentation possible.
They should be a true ROCK-STAR real estate sales professional!
How do you know your realtor is a true ROCK-STAR professional?
They’ll dress like one and most likely be referred to you by someone else you know who used their services. There motivated to sell your home and are engaging with prospective buyers and other real estate agents. Your agent should be using a high-quality business card with their contact information clearly written out. Having a photo of themselves on the card is also a good idea but not necessarily required.
Are Flat Fee Brokers and Realtors Just As Professional As The Full-Service Ones?
Yes, they are! And Flat Fee Brokers will work for a discounted flat fee instead of the standard 4 – 6% sales commission. For example, they might charge a flat $8,000 fee whether the sale price is $500k or $700k. However, the trade off for paying a discounted flat fee is that you won’t receive full service, you’ll be hosting your own open houses, etc. For more information about flat fee brokers, I would recommend you check out Help U Sell.
A True Real Estate Professional Will Know How To Market Your Home For Sale
Your home should have the following to help market and sell it:
- A high-quality For Sale sign in front of the house.
- An online listing with a detailed description and high-resolution pictures. Some good real estate websites are Realtor.com, Redfin, Zillow, Craigslist, and Movoto.
- High-Quality Fliers that can easily be picked up by prospective buyers.
- All printed marketing materials should have high-resolution pictures.
- Open Houses should be announced at least a week in advance.
Use the above list as a starting point to judge whether or not the real estate agent you hire knows what they are doing. If you hire the right realtor for the job, they should also be able to imagine a lot of other ways to market your property and show it to prospective buyers.
90% of people hire a realtor to help them through the home selling process and you should too if you don’t want to deal with the hassles of doing a For Sale By Owner.
Have a nightmare story hiring a real estate agent? I’d love to hear about it, comment below!