Posts with tag 'home sellers'
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3
Why Most Sellers Hire Real Estate Agents Today
Selling your house without an agent as a "For Sale by Owner" (FSBO) may be something you've considered. But you should know that, in today's shifting market, more homeowners are deciding that's just not worth the risk.
According to the latest data from the National Association of Realtors (NAR), the number of homeowners selling without an agent has hit an all-time low (see graph below):
And for the small number of homeowners who do decide to sell on their own, data shows they're still not confident they're making a good choice.
26
Nelson Brothers Agency Insurance Tips on Hail
So, you got hail. What now? You have the right to determine who works on your property's repairs, but it's important to choose a reputable and experienced contractor for the job; be cautious of those that appear at your doorstep following a storm. It is advised that you first conduct some research, read reviews, and get recommendations before selecting the contractor you believe best suits what you need. References can usually be obtained from your adjuster or agent. It is also important that they have the necessary certifications and are insured and bonded.
Many factors determine whether hail will cause significant damage to your property; these include, but are not limited to:
- The size and hardness of the hail, harder hail causes greater damage
- The speed and direction of the wind, higher wind causes greater damage
- The slope, age, and condition of your roof, a newer roof generally holds up better than an older roof
Freq...
26
Why a Pre-Listing Inspection May Be Worth It in Today's Market
Selling a house comes with a lot of moving pieces, and the last thing you want is a deal falling apart over unexpected repairs uncovered during the buyer's inspection. That's why it pays to anticipate potential issues before buyers ever step through the door. And one way to do that is with a pre-listing inspection.
What Is a Pre-Listing Inspection?
A pre-listing inspection is essentially a professional home inspection you schedule before putting your house on the market. Just like the inspections your buyer will do after making an offer, this process identifies any issues with the condition of your house that could have an impact on the sale – like structural problems, faulty or outdated HVAC systems, or other essential repairs.
While it's a great option if you're someone who really doesn't lik...
30
The Benefits of Using a Real Estate Agent When Selling Your Home
Selling your home is a big decision, often involving complex processes and considerable financial stakes. While some homeowners consider handling the sale independently to save on commission fees, the benefits of using a real estate agent often outweigh the potential savings. Here's why enlisting the help of a professional can make a world of difference when selling your home.
Strategic Staging and Presentation
First impressions matter when selling a home. Real estate agents offer valuable advice on staging your property to appeal to buyers. They can recommend changes or improvements that enhance your home's presentation, making it more attractive and potentially increasing its market value. Proper staging can help your home stand out in a...
26
Update on Changes in Real Estate Process
Background
A recent federal court ruling challenged some of the National Association of Realtors' (NAR) practices. NAR reached a settlement that included significant changes to real estate transactions.
Traditionally, listing agents offer a portion of the total commission charged to a seller as compensation to buyer agents as part of the marketing strategy to sell a property. Offering buyer's agent compensation is one of the most effective uses of marketing funds because it ensures targeted and efficient use of funds, as payment occurs only when the property is sold. Unlike other advertising methods that require upfront investment without guaranteed results, buyer's agent compensation is performance-based-payment occurring only when the property is sold. This approach increases market exposure and aligns the seller's investment with the desired outcome of a successful sale. This commission customarily would cover the cost of the buyer's agent fee,...
