The real estate world is full of misconceptions about the home selling process. After all, selling a home can be complicated with lots of details that are easy to get wrong.
In this post, we’ll look at five common home seller misconceptions and we’ll set the record straight on each!
1. Pricing high will leave room for negotiation.
Overpricing your house is always a bad idea.
Buyer’s agents know the market, and they can spot an overpriced listing from a mile away. When buyer’s agents see an overpriced listing, they assume the seller is either 1) unreasonable, or 2) not serious about selling. Either way, agents don’t want to waste their time, or their buyers’ time, touring the house and making an offer they think will be rejected.
So an overpriced house will sit on the market until the price is reduced. And by that time, the excitement over the new listing has worn off. Even worse, buyers might see the reduction and think the price had to be reduced because of a problem with the house.
Always price your house fairly and let the market do its job.
Realty Executives International is proud to announce that seven members of the Realty Executives team were widely recognized in RisMedia’s 2019 Newsmakers.
As a top real estate source for news, trends and information, RisMedia considers those who have been nominated as Newsmakers as thought leaders in the housing industry and for contributing to the field, their communities and consumers. The Newsmakers are nominated by RisMedia readers and editors, showcased in the following categories: Futurists, Inspirations, Trendsetters, Achievers, Crusaders, Luminaries, Influencers and Trailblazers.
Realty Executives International, one of the nation’s leading real estate companies for over 50 years, is excited to announce the launch of its signature agent training program, EXEC™University. EXEC™University is a unique training program laser-focused on propelling real estate agents to the next level in their careers, featuring a free, on-demand training library crafted to increase agent efficiency and productivity.
Technology is embedded into everything millennials do, which means millennials are relying on and expecting technology to enhance the way they work. This expectation has a direct impact on how technology is applied in most industries, including the real estate sector. Continue reading
Realty Executives International is excited to announce that three Realtors from the Realty Executives Elite brokerage – Chris Budz, Jim Chipain and Maribel Salgado-Little – have recently been certified as an Accredited Commercial Practitioner (ACP) by the Mainstreet Organization of REALTORS®. The ACP certification is currently held by less than 100 brokers in the State of Illinois.
Realty Executives International announced today that it has expanded its partnership with Zillow, Inc., the leading real estate and rental marketplace in the U.S., to include listings from their Canadian franchises. The Canadian listings from Realty Executives will drive unprecedented global exposure to Canadian homes for sale to the millions of home shoppers that visit Zillow every month.
How many times do you plan to buy a home during your entire lifetime?
For most of us, the number is somewhere between 3 and 5. It certainly doesn’t happen often enough to make us experts on the process.
Real estate agents, on the other hand, may handle 3-5 purchases per month. This experience makes them an invaluable resource to homebuyers.
Before you think about handling your purchase on your own, consider these 3 serious dangers of buying without a real estate agent. Continue reading
Curious about what real estate agents actually do and how they can help you buy or sell a home? Here’s a brief look at how they can help you through a real estate transaction:
Hiring the wrong real estate agent could significantly impact your experience as a buyer or a seller. The right real estate agent will not only have a great resume and be genuinely committed to helping you meet your needs, but he/she will “click” with you too.
“Real estate is a people business. You have to like and understand people if you want to succeed in real estate,” says Matt Williams, Broker/Owner of Realty Executives Williams Sykes Realty.
What should you be looking for when you start your real estate search and are trying to decide on an agent to represent you as a buyer or seller? And how can you tell which real estate agent will do the best job? Here are the five things to look for when deciding: