Wednesday, August 2, 2017

Why You Should Consider A Flat Fee Realtor Chicago Industry Experts Recommend

By Shirley Parker

When you decide to sell your house, you have a lot of decisions to make. One of them is whether to try to sell it yourself or list it with a real estate agency. If you take on the job yourself, you will have to advertise, plan open houses, get legal contracts, and negotiate with potential buyers. If you opted for a real estate agent in the past, you would probably owe a hefty commission at closing. Today there is an alternative. Illinois sellers can hire a flat fee Realtor Chicago experts recommend.

A lot of people are afraid paying less will mean they won't get the time and services of someone working on a commission. This is a good question to ask the agent at the first meeting. If you decide to go this route you should expect someone to keep you up to date on the progress of your sale. This person should pull comparable sales and help you set the purchase price based on them.

Once you have agreed upon the terms, your agent will go over the listing contract with you, answer any questions, and have you sign it. The real estate agent may have some suggestions about how you can stage your house to make it more attractive to potential purchasers. This usually involves removing any clutter, taking down personal photographs, and possible removing some excess furniture to make the rooms look bigger.

The company will provide a for sale sign that includes phone numbers and web addresses. The company will install a lock box if the house is empty. The real estate agent will have a representative take pictures of the outside and the interior of your house, being careful to present it in a positive way.

The more people who know your house is for sale, the better off you will be. That is one reason having an agent put your property on a multiple listing service is so advantageous. Local sales agents will see your house and may have a potential buyer for it that your agent would otherwise be unaware of. Agents sometimes suggest having an open house to encourage buyers to walk through your house.

When an offer is made on the property, the agent will present it to you and explain any stipulations the buyer has made. Whether or not to accept is totally your decision, but your agent can talk it over with you and discuss the pros and cons. Once a signed contract is in place, it is time to schedule the closing.

After everyone has agreed to the terms, a closing will be set up. A closing usually occurs within thirty to sixty days of the final offer and is conducted in an attorney's office. Prior to the closing, you should see the closing statements and have a chance to ask any questions. Your agent should accompany you to the closing.

If you are relocating and selling your home, you will need a lot of help. It may not be feasible to try and sell your property yourself. Opting to hire a flat fee Realtor will save you money and check an important item off your to do list.

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