Selling your house is a very big decision. It influences economic aspects and emotional aspects. A decision of this nature includes the people closest to you. Sometimes, selling your home becomes a family decision and when the time comes, the key question arises, how should I sell it?
Even if you may sell your home on your own, working with a real estate agent is the best option. They will help you with all the paperwork necessary to transfer a real estate, ensure that the house is sold at the best price and ultimately advise you in the process of buying and selling the property. Additionally, being part of a network, they can place your home in less time than you could do on your own.
Before choosing your real estate agent, make sure of these 5 key points.
- Sales commission
It is important to know from the beginning how much you will charge commission once the sale has been made. Normally commissions range from 3 to 5% of the total value of the sale. Sometimes the commissions can reach up to 7% which will be fine, as long as they justify the percentage with the work, marketing and investment plan they will carry out to sell the property. Remember, the commission of an agent must be aligned with the price of the property, the effort and the technologies that you will use to sell your property.
- Web platforms
In the age of the internet, it is extremely important that agents use web platforms to offer their clients’ properties. Make sure the agent you are working with uses web platforms. There are several web platforms such as Sonny Shaikh. This will be one of the fastest ways to move your property.
- Professional photographs
The photos of the property will be the first impression in the eyes of the buyers. Frequently, real estate agents use their cell phones to take photos of the property. This is why those who use professional photography services will attract a greater number of interested parties so that they can sell the property at the best price and in less time.
- Virtual Reality Real Estate Technologies
The real estate industry is in a radical change because the introduction of virtual reality to the field is changing the way houses are searched. Although it is relatively new and few agents handle it, those who do manage to sell the properties 10 times faster than the others. If your agent uses it, you know that it is at the forefront. Click here to see a property with this technology
This last point is very important. Many times we think that the more agents and brokers sell the property, the greater the scope they have to sell it and the faster the sales process will be. Even if it could be justified with the saying “the more the better” in the real estate industry, it is not. By granting the exclusivity of the property, you allow the agent to secure a sales commission so you can justify investing in professional services to sell your home. It is a simple rule of logic, if there is no exclusivity, the agent cannot secure his commission so he will not invest in professional services and therefore the house will take longer to sell.
Before selecting the ideal agent, consider the previous 5 points before selecting the agent that will sell your home. Remember that exclusivity contracts must be granted for a limited time (recommended 5 to 6 months). After this time the agent must have sold your property. Otherwise you can find a new agent to move your property. Make sure your agent uses the best technologies to present your home and negotiate a fair commission with the agent.