HomeGain Library - Seller Resources |
Real Estate Resources
|
Are commissions negotiable?
By law, real estate commissions are negotiable. The pricing of real estate service varies by level of service and consumer needs. Most agents charge between 4 and 6 percent for full service and not all offer the option of paying a fee for an individual service.
How do you find a good agent?
A good agent typically works full-time and has several years of experience at minimum.
You should interview at least three agents, all of whom should make a sales presentation including a comparative market analysis of local home prices in your area. The best choice isn't always the agent with the highest asking price for your home. Be sure to evaluate all aspects of the agent's marketing plan and how well you think you can work with the individual.
How many people sell their homes themselves?
Most home sellers -- about 4 in 5 -- use real estate agents to list and sell their homes. Of the other 20 percent, some sell FSBO, also known as For Sale By Owner. Other owners, however, sell without marketing their homes. Property transfers between family members account for some of the direct home sales. Also, tenants are often offered the opportunity to buy the property they are renting before the landlord lists it for sale.
|
