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Ready
To List With A Real Estate Agent? 13 Things Your Agent Must Do To Maximize Your
Profits!
Ready to place your home on the market? Do you understand the process and detailsof
selling a home? Before you list with an agent, educate yourself on all the factors that
will affect your profit. Be as informed as possible so you can make the absolutely best
business decisions. After all, the sale of your home is a business decision!
Most of us are not tuned into the trends and fluctuations of the real estate market.
Likewise we are not aware of the necessary steps to maximize profits on the sale of our
home. Typically we rely heavily upon an agent to lead us down the most profitable path.
When considering our home is usually the most valuable asset we own, doesn’t it make
sense to list with someone who will maximize our profits? But how do we find that agent?
This report is designed to empower you with critical information necessary to evaluate an
agent’s qualifications and help you identify the professional top producer. The more
meticulous you become in selecting the right agent the higher your profits will be!
Start by doing some research. Find out who the most active agents are in your market. Look
at advertising to see how professional it is. Ask friends and family. Drive around the
neighborhood looking for yard signs. Then compile a list of agents.
- The Phone Interview - Place a call to each of the agents on your list. Document
how quickly they returned your call. Remember: they will be returning calls to your
prospective home buyers. Do an initial ‘feel out’ interview over the phone so
when you meet you will both be prepared.
- Request a Complete Plan - From title to escrow, request a complete plan as to the
services they can provide for you.
- Evaluate Their Team - Top producers will have established relationships with
lenders, title reps, inspectors... everything. They are there for your benefit and if they
are ill prepared to handle all the steps, you are being short changed.
- Detailed Report of your Property - Request a complete report of your property
with ideas for improvements, cosmetic changes, structural repairs or anything that could
add value to your property. Remember a small investment up front will pay higher dividends
at the time of sale.
- Alternative Report - Request a complete report of alternatives to the home sale.
What would current market leases generate? Rentals? Responsibilities attached with
leasing? Have your agent educate you as to all your options.
- Insist on Prequalification - Don’t waste valuable time negotiating or
showing your property to unqualified prospects. Insist your agent prequalifies candidates
to screen out all unwanted prospects.
- A Net Sheet - Request a complete net sheet, minus commissions and fees, showing
your exact proceeds at the time of sale.
- A Marketing Plan - Insist on a step-by-step marketing plan of how your property
is going to be sold and marketed. Look for innovative ways to attract home buyers. Demand
24-hour advertising, lead accountability and tracking services. These services exist and
you should insist upon them.
- Telemarketing Efforts - Investigate the agents telemarketing team. Do they just
cold call or do they have a mechanism to create proactive leads and call on those
prospects?
- Direct Mail - Investigate the agents capacity to send direct mail. How often do
prospects receive mail? Is it professional? Does the mail piece motivate prospects to
respond?
- Advertising - Is it well written and professional? How many ad mediums do they
utilize? They should be advertising in at least three; a homes magazine, community or
local newspaper and yard signs. Remember: the quality of the advertising will directly
influence how well your home will be perceived.
- Negotiation Strategy - Have a written, well conceived, negotiation strategy. The
old adage, "You don’t get what you deserve, you get what you negotiate"
rings true in real estate. Insist on a sound negotiation strategy before you entertain
buyers.
- Closing Checklist - Be sure to get a written closing checklist. You need to know
in detail how you will conclude the sale of your home. This should provide a step-by-step
procedure that will be easy to understand and follow.
We sincerely hope these tips and ideas are of value to you. If there is
any way we can be of service please contact our office.
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As
your Real Estate Specialist, our job is to help you..... help you find a
home that meets your lifestyle, location and budget requirements within
the time frame that you need to purchase and occupy the home. 
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