If you are preparing to sell your house, looking for a listing agent must be the first thing you have to do. However, do you have an idea what the job of a listing agent is? Perhaps you have a vague idea of a person who places a sign in front of your lawn letting people know that you property is on the market. Someone who entertains potential home buyers during an open house and gives them a tour of the property. These are only a few things that a listing agent can do for you. Here are some important things you need to know about a listing agent. These include how a listing agent can make or break your sale and how you can find the best agent in your area.
Listing Agents Help Price Your Home
One of the hardest things you need to answer when selling your house is setting a price for it. Although you might find some help online like realtor.com, you have to do some fine tuning after that and a listing agent can help you on that area.
Setting the right price for your house is extremely crucial. If you price it too low then you will lose out on a lot of cash. If you price way too high then you might not be able to attract any potential home buyer. Although it might be tempting to claims he can sell your house for an extremely high price, this could mean that your home would languish on the market for several months or even years. If this happens, buyers will start wondering if there is something wrong with your house and they will try to lowball you too.
Among the primary duties of your listing agent is to price your house correctly. In order to do this, he must analyze the sales prices of similar homes in your location to determine where your house should fit in. Once that is done, he will recommend what he thinks is the best selling price for your home.
Listing Agents Help Sell Your Home
Once you have determined the asking price, the listing agent will provide you with a comprehensive marketing plan that will detail how he plans to sell your property. The plan will include recommendations for home renovations and home staging, if needed, advertising, holding open houses, adding your house to the multiple listing service, and taking photos to highlight your home’s best features.
Listing Agents Negotiate With Buyers
When you get an offer on your house, it is the job of the listing agent to present it to you and give recommendations if negotiation needs to be done. For example, in case you get an offer that is way below the asking price, your reaction should be to refuse. However, a listing agent may have to negotiate with the potential home buyer and get that price up to an acceptable level. If in case the potential home buyer will not agree to the new terms, then the listing agent will sweeten the deal such as waived contingencies and faster closing date. Such kinds of comprise can help you save a lot of money.
Choosing A Listing Agent
In case you are searching for a Myrtle Beach listing agent, then you should consider some important factors. These include the number of homes they managed to sell, reviews of their former clients, years of experience, and more. Do not simply move forward with the first listing agent you meet. You have to select a minimum of three and ask some questions to help you assess if they are a perfect fit.
Call Full Potential Real Estate if you are looking for a reliable listing agent in your area.
Full Potential Real Estate, LLC
Myrtle Beach, SC 29577