The more you dug in deep to the listing methods, the more you garnered information. And it’s better instead of having minimal input. You will get detailed knowledge about the listing, and its process. Sometimes many people start the listing process without having any appropriate knowledge about it. Listing is not like a come, choose, and pay product.
It’s a matter of big numbers. You have to be careful while listing your house for sale as you have invested your whole life’s income in it. Most of the time, the significant investment of their assets belongs to their houses. You have attached a lot of emotions with it. So, the listing process is a bit dreadful if you will not pay attention to its nitty-gritty listing points.
The most common question that is asked by many of the sellers is where to list your property? And the adequate answer to this question is on the MLS portal. Now you might be thinking of what an MLS portal is?
Well, it is the best online platform to sell your house. Every estate has its own local MLS platform where all licensee and affiliated real estate agents can list their property, any other person whose affiliation is not permitted to access the portals. Many online websites provide flat fee MLS or other services in many states, such as houzeo.com, Zillow, Trulia, Redfin, FSBO.com, and many more.
You might be concerned about the commission charges that the agents are charging from the sellers and buyers; everyone wants to pay less and get complete professional services. Usually, the real estate agents are hiring six percent of the commission rate from the sellers and buyers, which is pretty high because everyone cannot afford this much of the money as charges to the real estate agents. Hence, the question is how we are going to do this?
Well, there are three methods of listing that you need to know before listing your property.
• Full services real estate agent services
• Flat fee MLS agent services
• For sale by owner services
You have to decide among them and choose the only services you want to render or select. Because further fur process of listing it will help you throughout the process
In this article, you will get to know about all the essentials of the listing. All you need to do is make a proper checklist and tick the steps that you have performed. The points are as follows:
• Analyze the method of listing
• Price your property for the right amount.
• Prepare and stage your home to display it.
• list your property.
• Make sure to give it a maximum exposure
• Be attentive, flexible, and responsive to buyers.
• Negotiate on price.
• Hire a real estate attorney.
Now you must be getting the idea of listing how we are going to proceed with the listing process. For the convenience and interest of the reader, let me discuss these all points in detail so it will be easier for the seller to perform a competent listing.
Analyze the method of listing
At first, you need to select the method of listing to decide whether you want to list your property as for sale by owner or you want to list your property as flat fell MLS or you are comfortable in hiring full-service relater whom you are going to pay to sic percent of commission rate of the listing. Once you decide the method, the next thing you have to do is price your property, then let’s do it.
Price your property for the right amount.
The second that you have to do is price your property for this purpose. If you hired a full-services relator, he would run comps on Zillow Zestimate or redfin Zestimate to estimate the price of the house. Once the cost is calculated, it will run the comps and add general information of the listing such as age, area, set radius, etc. Once you get 3 to 4 comps and the agent performs the market evaluation, you are ready with the estimated price. Listing as for sale by the owner, the owner has to complete this step.
Prepare and stage your home to display it.
The next step is to prepare your house here you have to do all the work all alone because the agent is going to help you in case you hired a premier package, so you have to prepare your house by doing necessary and initial repairs, by maintaining the house interior and as well exterior, through the extra and unused stuff out of the house.
List your property.
Your agent will list your property by adding all details that include photos, pricing, location details, your contact details. The flat fee MLS agent will also perform the same steps, and as for sale by the owner, you will hire a flat fee agent on the agreement of one-day services.
Make sure to give it maximum exposure.
To give it maximum exposure you have to share it on social media platforms where your listing will get maximum exposure, and that means you will get high traffic on your listing and it will close within a few days.
Be attentive, flexible, and responsive to buyers.
Be attentive during this process, follow up the potential buyers, and be flexible while deciding meetup and respond to the agents in a pretty professional way so he will get the idea of your credibilities in flat fee MLS and for sale by owner we have to do this step all alone wherein full-service method that agent will set the meeting.
Negotiate on price.
Negotiate until you get the best rates. In complete services, the realtors make negotiation efforts wherein flat fee MLS and for sale by owner you have to perform this step, and you need to act like a professional.
Hire a real estate attorney.
Hire the real estate attorney who will look after the other process and read and set all the agreement papers for you.
The to-do checklist will help you in your listing process and enable you to perform it efficiently.