Monday, July 10, 2006

List Your Property with the Right Agent

By Jeanette Joy Fisher

With more properties on the market and fewer buyers, it's more important than ever to make sure you select the right selling agent to help you sell your property. Here are a few tips for hiring the right person to help sell your property.

First, do some basic research. You want to know which companies specialize in your area, and among those companies, which agents make it a point to concentrate their efforts on selling properties in your part of town. Those agents will be the most knowledgeable, because your property falls within their "farm" or inventory area.

Visit company websites to see how user-friendly, attractive, and informative they are. More and more people turn to the Internet for their property searches every day, so an effective website can be a powerful sales tool. Some things to ask yourself as you view websites:

Do the listings include virtual tours of properties? This can be a great sales tool, allowing potential buyers a chance to get a feel for your home or business before spending time and gas money on a property tour. At the very least, there should be a number of good quality interior and exterior photos of the homes and buildings they have listed.

Next, check your local area for free publications. You'll find free real estate publications in supermarkets or gas stations around town. Pick up as many as you see and look at them. Which companies are prominently displayed, and which ones have the most effective ads?

Ask your friends, relatives, and neighbors about agents they have worked with. Which ones would they recommend and why? Which ones did they have a negative experience with? This can be a great tool, because the people you'll be speaking with have had actual dealings with the agents and companies, so they can give firsthand accounts of their experiences, good or bad.

Once you have a few agencies and agents in mind, schedule appointments to interview them. You can generally get a free market analysis at the same time. This will give you a chance to get a range of suggested selling prices, and it can also help you weed out those agents who are too far out of line one way or the other.

Ask each candidate to outline their proposed sales strategy, including advertising and presentation on the Internet. Make certain they're members of your local Multiple Listing Service (MLS), because it remains one of the most powerful sales tools available. It's important that as many agents know about your property as possible.

Ask about commission schedules and listing periods. You want to pay a fair price, but you don't want to tie your property up with an ineffective agent or company for an undue amount of time. Find out the average selling time for your property type in your area, and then ask about their particular company's average time. The two figures should be similar. Ask about open houses, lockboxes, and how showings will be handled, as well.

Keep an open mind when choosing your agent and company, and you will be setting yourself up for a quick and enjoyable sale of your home.

Copyright © 2006 Jeanette J. Fisher

P.S. If you are an agent, this article can be customised for your website. Please see the letter to agents on Free Content Real Estate Articles.

Jeanette Fisher helps home sellers with five ways to make more money.
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For expert home selling advice please visit Sell Home Fast

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