1.The open house sign also gets more clients
2.You might hate your neighbors
3.You can negotiate a lower commission
4.Making changes to your house might increase its worth
Your realtor will hardly tell you that making some changes to your house could give you awesome deals. While your broker is supposed to advice you on creative tips that can increase the worth of your property, some might not bother. Thus, simple steps such as painting the house or clearing the dead bush in the front yard or installing better shower heads are things that could make your house more marketable are often overlooked.
Most agents work with the mentality that it’s better for the house to be off the market at a much lesser price than risk offending clients with constructive ideas. Thus, in your deals with the realtor, try and initiate this conversation if he doesn’t, and be open to suggestions. The fact is, even if your house is in a terrific shape, there are little things that can give it a face lift.
5.Everything on the contract is negotiable
Besides the commission, there are other parts of the seller’s contract open for negotiation. Ensure you check the length of the listing agreement. Although, it’s typically 6 months, pushing for 90 days is recommended. This will enable you get out of the contract on time if you’re not satisfied with the agent’s progress.
Transaction fees can also be adjusted. It’s not uncommon for realtors to add the broker’s fee charges, an average of $400 to each seller’s contract. This increases the bottom line. Ensure you inquire about hidden fees. While a good broker will inform you of the fees upfront, others might just include them in the contract, where it will be difficult for you to notice.
While this isn’t supposed to picture realtors as bad, you should be careful in selecting the one to work with. Go for one who is experienced with good recommendations as well. With this, you can be rest assured that selling your property will give you the best deal.