When you’re ready to sell your home, remember that choosing your real estate agent is one of the most important decisions you’ll make in the process. Don’t forget that by signing a listing agreement, you’re likely committed to this agent for at least a few months. This means it’s of the utmost importance that you find a real estate agent who can work efficiently and advertise and show off your home effectively. From the time your home is listed to the time your buyer settles, you need your real estate agent to manage this process and streamline it for you. You don’t have any precious time to waste in this process, so below are some great tips you can use to find your real estate agent and get started on your home sale.
You may have heard the common phrase we say in real estate, “location, location, location.” The best real estate agent for you is one who knows your area like the back of their hand; they should know about the schools and the local draws and highlights of the area as well as the market trends. A non-local agent could present a number of problems; for example, agent who is not from the area would not be aware of whether your neighborhood could have a special assessment requirement. If your agent demonstrates a lack of knowledge or doesn’t disclose everything that’s required, your buyer may back out or you may lose out on potential profits due to such mistakes.
A local real estate agent is also available to show your house if an interested party calls them. A high number of calls from interested parties should be coming in if your home is properly advertised online with a sign post in the yard. If your real estate agent is capable of arriving within at least 10 minutes to show your house, you’re more likely to win a sale rather than losing one as the buyer moves on to the next place.
Get Ready To Finance
When you are ready to take the plunge and make the real estate purchase you have been waiting for its time to decide whether you want to go directly to a lender or work with a mortgage broker. When you work with a reputable mortgage broker you will be able to get access to more than just the most competitive interest rates. There are many things to consider when selecting a type of loan, depending your own financial circumstances. Who has the time or expertise to deal with researching the best home loan options independently? After all, getting a home loan is a big deal and the details matter when it comes to the type of loan to get and how to manage the payments. A good mortgage broker will be able to assess how much the lenders in their panel would willingly loan to you depending on your debt to income ratio and other essential financial determining factors.
Choosing to work directly with a bank that you have a good history with may help you win out with a better interest rate. This is a viable option if you have had a stable income, good credit and are currently still a customer with that bank. Exploring that option is a good place to start but be sure to do your homework to make certain that you are qualifying for the best possible interest rate and selecting the right kind of loan for your situation. There is so much to learn about all of the costs associated with processing a home loan. Make sure your Banker takes the time to examine those costs with you and guide you through the complexities of the process. Owning a home is no small step and financing it carefully should be a top priority.