|Posted by Park Place Realty Network on October 11, 2019 at 12:50 AM||comments (0)|
The real estate market is one of the most competitive environments in the business world nowadays. It is a demanding career and not everyone is cut out to be a successful real estate agent. Being one is so much more than being any other seller. Real estate agents have to deal with the ever-changing demands of their clients and at the same time, they need to make a living. So, how do they do it? What are the habits of highly effective real estate agents that separate them from the average ones?
Habit no. 1 - Getting up early
You are probably familiar with the saying: The early bird catches the worm! Well, successful real estate agents know the saying too and they are trying to live by it. Practicing the right set of morning routines is also helpful to get your day started. Here are some good examples of morning routines you can try:
● Start your day with calming thoughts - You can pray, meditate, or just enjoy the silence, it is up to you;
● Encourage yourself - Tell yourself the inspiring words that will help you overcome fears and achieve goals;
● Visualize - Think about success and how you would feel after achieving it. One of the habits of highly effective real estate agents is following the footsteps of the people who have made it. You can easily find top real estate agents in your area and learn from them.
● Write down your thoughts and ideas - Your mind is as fresh as it gets in the mornings, so it makes sense that some of the best ideas will come to you right after you wake up.
There are many more things you can do if you get up earlier than before. Try to imagine how much more money you would be able to earn if your day lasted an hour longer.
Habit no. 2 - Taking good care of your health
It's not always easy to take care of yourself when you have a busy career and almost no time for yourself, but you have to make some. Your health should always come first. Remember, once you lose it you will not easily get it back and you'll be unable to perform the job you love so much. Start by making some smart food choices and devoting some time to physical exercise every day. It doesn't have to be a full training session, ten to fifteen minutes can be enough for your morning workout. You will quickly see the benefits. An early morning workout will help you feel more energetic and feel better about yourself. You will certainly need that confidence as the day goes by.
Habit no. 3 - Never stop learning
If you want to become one of the best real estate agents, you must never stop learning. Learners are earners, and nowadays you do not have to rely only on formal education. There are so many ways you can upgrade your knowledge. You should take all the courses that you can find, especially the local ones. For example, if you are coming from the West Coast, you cannot be familiar with everything it takes to become a Florida real estate agent. You will just have to find more about the specifics of your new area.
Habit no. 4 - Building relationships with your clients
When people come to you, they want to sell their old home or buy a new one. You are there to witness some of the greatest decisions of their lives. They depend on you to make their dreams come true, and that is a big deal. If you want to make your customers happy and excel at what you do, you will have to gain their trust. Be ready for many changes of heart from their part and even more compromises on yours. Be that as it may, they need to feel they can trust you. Your work doesn't stop when they sell or buy a home. They will need help moving, so you can help them find some reputable movers such as gibraltarvanlines.com and your clients will appreciate you even more.
Habit no. 5 - Having to-do lists
Planners and to-do lists are there to keep us on track all the time. Being organized is a priority number one for any successful real estate agent. Many deals, listings, clients, business partners, paperwork procedures can make you forget about something really important. So, always have a planner at hand.
Habit no. 6 - Keeping up to date
You just have to be in the know if you want to succeed in the real estate market. So, if you do not have a habit of checking what's going on in your community and following the latest market statistics, you'd better start doing so right away. People want to know that they can rely on a professional who knows it all. They want to know they are dealing with someone who can help them relocate to Florida from New Jersey with ease after finding a new home. You just have to be able to provide them with all the information they need at this stage in their lives.
Habit no. 7 - Being resilient
The real estate market is often volatile, and you need to learn how to survive. Prepare to get up as many times as the market knocks you down. There will be times when your efforts will be useless no matter how hard you try. That is when you have to be bullet-proof and show that you are cut out to be a great real estate agent.
Habit no. 8 - Being a networker
There is a common misconception that if you are an introvert, you are just not going to make it as a real estate agent. Luckily, the theory proves wrong. Both introverts and extroverts can be great sellers, but they need to be able to focus on other people. They need to have a networker’s mindset. For a good networker, a coffee shop or bar is as good of a place for meeting new potential clients as an office. Constantly looking for opportunities to meet new people just doesn't feel natural to all of us - it is a habit that needs to be built. Joining one of the real estate referral programs can be helpful here.
Habit no. 9 - Reading
Reading is so important for staying on top of your game. Not having enough time is not an excuse. Nowadays, there are many ways you can read without even looking at a book or a screen. Audiobooks are great for real estate agents who spend a lot of their time commuting. There are also many apps you can download to help you take in the content you like.
Habit no. 10 - Living within your means
This is one of the habits of highly effective real estate agents that is often learned the hard way. It is easy to get lost in impressive commission fees, but you should always try to save some for a rainy day.
Written By: Lisa Robert with US Moving Experts
|Posted by Park Place Realty Network on October 9, 2019 at 5:50 PM||comments (0)|
Question: I currently have an Inactive real estate license in Georgia and work in a whole other industry full-time. I saw your program and was curious. What can I do with this license?
Asked by: David Miller
Expert Reply: Hi David, if you have a real estate license in Georgia that is current but is inactive, you cannot legally collect a real estate commission. Inactive means that you are in good standing with your license, it’s just that you are not active under a real estate company. Our company Park Place Realty Network is ideal for your situation. You can place your license with our company as we are active in Georgia in which you would then have an active real estate license and can now collect real estate commissions. Whenever you know of someone looking to buy or sell any type of real estate worldwide, we would refer that person to a top agent who would handle the entire sale for you. You would then make a high portion of the total commission as a referral fee once that transaction closes. Go to our website www.ParkPlaceNetwork.com to get more details.
If you're wanting to sell full-time, your best bet is to join your local board of Realtors and the MLS associations and working with a local brokerage. I hope this answers your questions, if you have any additional questions, please let me know.
|Posted by Park Place Realty Network on September 20, 2019 at 10:40 AM||comments (0)|
While holding open houses is not the only way to attract buyers, it can certainly be a very useful tool. As real estate agents don't usually send their clients to see open houses, this means that most of the people who will look at a home you're selling will have just begun their home-seeking process. As such, they'll need someone to listen to their needs and inform them on whether this particular home is a good fit for them. And if it is, then you've most likely just found a buyer! If it isn't, though, then perhaps you've found another client?
But, what exactly is an open house? Basically, it is an event taking place over a specific period of time when anyone can drop by and inspect the house. However, modern realtors will need to be prepared in order to get the most out of it. With that in mind, we've prepared this guide to holding open houses. After reading, hopefully, you'll know just what to do when it's time to hold an open house of your own.
Attract potential buyers
Before they're ready to hire the reliable professionals on instamove.com and relocate to a home you've sold them, you'll first need to reach the potential buyers. Of course, the more people that are aware of an open house you're holding, the bigger the chance that you'll be able to sell the property quickly and for a good price. How can you initially reach these people? There are several ways, and you should utilize all of them for maximum gain.
• Advertise the home digitally. Apart from using the social media, you can also use websites that are aimed at helping realtors and buyers alike, such as Zillow or Trulia. Just make sure that you upload enough high-quality pictures, that will provide viewers with plenty of important information about the property. Don't try to make the home appear better than it actually is, as doing so won't bring anything good once the potential buyers arrive.
• Next, you'll also need plain, regular, good old physical signs. Make sure that there are enough of them and that they will precisely lead interested parties to the property. Post them all around the neighborhood, however, don't put up an excessive amount of signs. As for when to put up the signs, it's often a good idea to post most of them some two hours before the open house commences. That way, anyone who sees the sign will usually have enough time to finish whatever they were doing and come see the house.
• Put the listing in print and also have brochures ready. Some people might avoid print listings and digital ads altogether. They could simply be driving by and then decide to check out the property right there and then. Having a brochure ready in such cases will prove to be useful. A finely-made brochure will feature all the important information related to the property - the asking price, the size of the property, and so on, as well as your contact information.
• Set the date and the exact time when you'll be holding the open house, and include it in all of your promotional materials. Most people will want to look at houses on Sundays, and then on Saturdays, so choose Sunday if you can, and if you can't, Saturday is the next best option. As for the time, we recommend the morning hours between 8 and 11 AM.
Do what you can to prepare the home
After you've done what you can in order to attract the potential buyers, you'll need to prepare the home so that it is in the best possible shape. You should work with your client to come up with an asking price that accurately reflects the quality of the home on the open house day, that is also not too high nor low when compared to prices in the neighborhood. Knowing the asking price right away will, of course, also be useful to potential buyers, as they'll be able to determine if it suits their budget. They can also calculate the cost of this relocation online to get the full picture.
There are several things you can do to prepare the home for sale:
• Work with your client to remove as much of their belongings as it is possible. Buyers will have a hard time imagining their lives in a home that is full of the previous occupant's belongings. What's more, it's best if your clients aren't present at all when you're holding open houses.
• Make sure that the property is in a presentable state. This involves home chores such as mowing the lawn, mopping and sweeping the interior, making sure that windows are clean, and so on. Basically, if you've ever cared about keeping your home in a good shape, you'll know what to do. Also, if you'll be holding open houses during the winter, try to obtain some pictures of the house that were taken when it was warmer (especially if the exterior is visible and it looks neat).
• Buyers should have easy access to the property. The driveway should be clear, so don't park there, and ask your client to park somewhere else too. If it's winter, remember to remove the excess snow from the driveway so that buyers can park easily.
Holding open houses 101
Once you've prepared the house, it's time to prepare yourself as well! The people who are searching for homes will decide whether the property is right for them based on its characteristics; however, you can still push them in the right direction. On the other hand, if they feel uncomfortable around you, that could make them look elsewhere.
• Greet the buyers as soon as they arrive, give them brochures, tell them about any home features that you think they might be interested in, and then let them look around at their own pace. After a while, talk to them again, see what they think and if there's anything you can do to help them make a decision.
• If visitors seem to be even slightly interested, it's a good idea to have printed additional documents with more information to hand out to them. These documents can include some general information on the neighborhood, as well as all the additional details related to the property that weren't on the brochure. For example, as buyers might be purchasing real estate for them and their family, mention all the best schools in the vicinity, show them a room that would be an ideal kids' room, and so on.
• Another good idea is to invite the neighbors as well. While this may sound strange (why would the neighbors want to move into a house that is so close to their current home?), there's a chance that they'll recommend the home to someone else. They would probably love to be living so close to their friends. What's more, if they ever need a realtor later on, you might be the first person they decide to call.
• Finally, be prepared for success. While holding open houses should eventually get you buyers if you do everything right, that probably won't happen during the first week (or even the second or the third). Still, this doesn't mean that you shouldn't be prepared. A loan officer should be present at all times. If you strike a deal, he or she will be able to determine right away if the buyer can prequalify for getting a loan, thus saving everyone precious time.
Written By: Lisa Robert with US Moving Experts
|Posted by Park Place Realty Network on September 13, 2019 at 8:00 PM||comments (0)|
First-time buyers often find home purchase confusing and overwhelming. Too many details, paperwork, and the costs make home buyers afraid of the whole process. However, if you are well-informed about it, you will find browsing for homes and selecting your dream house very enjoyable. That’s why we’ve prepared some basic information on purchasing a home in Florida and the best tips on how to go smoothly through the whole process. Here are all the home-buying basics in Florida you will need.
WHERE SHOULD YOU BUY A HOME IN FLORIDA?
The first part of home buying basics in Florida is selecting the right location. “The Sunshine State” has been a popular journey and residential location for years now. However, when buying a home in Florida, you need to be a bit more thorough and select the right location just for you and your family. One of the best places to buy a home in Florida are:
• Miami Beach – with a population of around 93,000 and the median income of $47,000 this part of Florida has been the most popular one. A pleasant climate, exciting nightlife make this place a home for people of different nationalities and cultures.
• St. Petersburg – a very attractive option, since it is quite affordable and has almost 250 sunny days every year. Also, it’s one of the top USA cities that proves to be dog-friendly!
• Vero Beach – one of the best small towns in the country, Vero Beach is located on the Treasure Coast. It’s a place of amazing beaches, golf courses, shopping, and nightlife. It has a population of only 15,000 which is great if you choose to lead a relaxed and enjoyable lifestyle.
• The Crossing - even though not the first choice, this place has a high livability score and is becoming more and more popular.
HOME BUYING BASICS IN FLORIDA – WHEN YOU SHOULD BUY A HOME?
Of course, you can find a good home all year round, but you should look at these clues before you start house browsing. Median prices are higher in the summertime, compared to winter. However, even though you can find a cheaper home in the wintertime, there will probably be fewer homes for sale. But you shouldn’t give up – maybe your perfect home happens to be for sale in winter.
MEDIAN HOUSE PRICES
When it comes to the Sunshine State, the median home value is $235,500. The house prices are rising, though, and they are expected to grow 2% over the next year.
HOW TO BUY A HOUSE IN THE SUNSHINE STATE - HOME BUYING BASICS IN FLORIDA
The process of buying a home is usually followed by a couple of steps you need to make until you move into your dream home. Here are the things you should do to have a smooth and safe house purchase.
HIRE A PROFESSIONAL TO TAKE YOUR THROUGH THE PROCESS
It is very important for first-time buyers that they have someone who will help them with all the house-purchase details. Hiring a professional real estate agent is definitely the best decision you can make when you decide to buy a home in Florida. The reasons you should hire someone from a trustworthy realty network are many:
• an experienced real estate agent will find exactly what you need and recommend a home that suits your needs and lifestyle.
• you’ll save a lot of time – with a real estate agent, you’ll go straight to good options, rather than wasting time on browsing too many homes. This way, you’ll have more time to prepare for your Florida relocation and start packing for your new home.
• you’ll avoid houses with problems – real estate agents know what to look for when it comes to common hidden house problems. This can save you a lot of money you would spend on repairs.
• Florida real estate agents know Florida’s house market and can recommend the best houses on the market.
• agents help you with the paperwork – there are a lot of documents to go through when buying a home. Since real estate agents know all the steps in detail, the house buying process will be much clearer and easier for you.
BE REALISTIC WHEN COMPARING FLORIDA’S HOUSES
When you browse and search for properties, be realistic when comparing different houses. In Florida, the prices are made for the air-conditioned square footage. Furthermore, prices depend on the location, too, so some homes may be similar in size and condition, yet very different in price. Think about what your priorities are when it comes to house preferences, and choose a home that suits your needs. Furthermore, be realistic when it comes to your budget – look for homes that suit your finances and ask the real estate agent to help you out to find as much as possible for the price.
SORT OUT YOUR HOUSE BUDGET
If you are paying in cash – there’s no need to worry. However, if you need help from a financial institution, start the preparations in advance. Think about mortgage pre-approval, because it can come in handy if you come across a home you really love.
HOME BUYING BASICS IN FLORIDA – HOW TO MAKE AN OFFER
This step will be much easier with a real estate agent. They can speak to the seller and feel the situation with a spoken offer. This way, they can check their reaction and help you make the right offer. In Florida, you need a formal contract to make an official offer – this document includes all the details and requirements on both parties. Just remember that seller doesn’t need to accept the offer and he doesn’t need to explain why. However, when you hear back from the seller, you can start some negotiation if the offer was too low.
IT’S TIME TO MOVE TO FLORIDA
When you finally select your dream Florida home, it’s time to prepare for the relocation. Be sure to hire professionals to help you out – hire someone reliable like Orange Movers Miami. Local Florida moving companies like this know the area very well and can help deliver your items safely and quickly.
One of the most important points of home buying basics in Florida is to stay positive throughout the process. It’s not always easy to find a perfect home, and it can often take more time. That’s why you should start your search in time and stick to your priorities. Just remember – no house is perfect, so be sure not to lose a perfectly good home over minor details that can be fixed. Enjoy house browsing and good luck!
Written By: Lisa Robert with US Moving Experts
|Posted by Park Place Realty Network on September 6, 2019 at 5:10 PM||comments (0)|
When buying or selling a home, the assistance of a real estate agent is always highly useful. Their expertise, knowledge, and experience can help you facilitate and accelerate the whole process to a large extent. Moreover, they can help you get the best possible value for your money or sell your home for the best possible price. Choosing and hiring a local real estate agent goes even beyond. What are the advantages of making such a decision and why is it important to find top real estate agents in your area? Here is our answer.
A local real estate agent knows the specific area you are interested in
Everybody says that doing research is necessary if you want to make the most reasonable choices when buying a home. What are the best neighborhoods in the town you are interested in? Is the cost of living favorable? Are there enough educational and sports facilities? Are the job opportunities ample or scarce? These are the questions you cannot but ask yourself prior to making any further steps in the purchasing process. Luckily, one of the advantages of hiring a local real estate agent is that they can provide you with the answers to these questions in no time. All you need to do is simply make a list of important questions to ask your real estate agent and the problem is solved.
Similarly, when selling your home, a local real estate agent can provide you with vital information on the average market price. It is a wide-known fact that setting the price is crucial for the success of your sale. By following trends of your specific area, these professionals can come up with the best strategy to increase your home’s market value to the maximal level.
Local real estate agents are more available to their clients
Firstly, one of the advantages of hiring a local real estate agent is that you can easily avoid any potential confusion in communication. Having a conversation personally is much better and more convenient than speaking on the phone or even using email.
When you become impatient to find and purchase the home of your dreams, a local real estate agent has the power to eliminate the anxiety you feel. As soon as you explain your wishes clearly, an expert will know exactly what type of home you are looking for and then be able to arrange showings for you very quickly. It will not take much time until you contact exceptional movers at spydermoving.com to move all your belongings flawlessly.
Finally, when you are planning on selling your home, a local real estate agent can be by your side whenever you present it to prospective buyers. Being located in the same area, the agent will not have to waste much time traveling to meet you, which is certainly a great benefit. Moreover, open home hours will undeniably be much longer in the given circumstances. These significantly increase your chances to find a buyer in a shorter period of time.
A local real estate agent will suggest respectable service providers
Local real estate agents with many years of experience have worked with a significant number of other service providers in the area. Consequently, one of the advantages of hiring a local real estate agent includes knowing the names of respectable service providers you can indeed rely on. Whether buying or selling your home, you will need to contact local contractors, mortgage professionals, painters, landscapers, plumbers, home inspectors and many others. Your local real estate agent will be able to suggest the providers who are professional, trustworthy and utterly helpful to their clients. This way, you will be able to make the most intelligent choices given the circumstances.
Your local real estate agent is there for you even after the closing
Although people think their problems end with the completion of the transaction, this is very often not true. A lot of problems can come up after the closing, and then you need your reliable expert by your side once again. Whether you have a problem with the taxing authorities, the former owner or your buyer, local real estate agents are there to assist you and find the solution in no time. Not seldom do these professionals show appreciation to their clients or provide them with a nice gift once all the problems have been solved.
A local real estate agent will be there for you for all your future businesses
Attracting and retaining clients is a necessary step on every local real estate agent’s road to success. Once you get high-quality service and helpful assistance from your local real estate agent, this agent will be your number one choice for all the future businesses. Moreover, these experts know that a satisfied customer will provide them with the most effective marketing. Hence, they will try their best to meet all your requirements and fulfill all your demands. Understandably, this is exactly the quality you expect from a local real estate agent you have trusted your home purchase or sale with.
Final words on the advantages of hiring a local real estate agent
It is important to know how to avoid real estate scams and find the right agent. Hiring a local real estate agent comes with numerous benefits regardless of whether you are selling your current or buying a new home. Firstly, local real estate agents offer an important advantage comparing to others. This is the knowledge of the area you are interested in. During a simple conversation, you can find out all you want to know on the specific area and thus save a considerable amount of your precious time. Secondly, they are more available and willing to assist every time you present your home or view the house you are interested in. Furthermore, they have a wide network of contacts and can suggest respectable service providers you will need at some point in the process of buying or selling. Finally, they stay by your side even after the closing and they will be happy to offer their services whenever you need them in the future. Get connected with a top agent in your market who will pay you back 15% of their total commission.
Written By: Lisa Robert with US Moving Experts
|Posted by Park Place Realty Network on August 30, 2019 at 4:45 PM||comments (0)|
Whether you're buying or selling your home, doing so on your own is not advisable. Buying or selling real estate is a complicated procedure, and a lot of money is involved. Even if you are feeling adventurous, it is not something to be taken lightly. However, you may be wondering how to find the best real estate agent in Florida who is also affordable? When one is looking for a real estate agent, he or she is usually presented with a lot of options. In fact, there are currently more than 250,000 licensed real estate agents in Florida. So, how to choose the best one?
How to initially find several potential candidates
A good way to find the best real estate agent in Florida is to either look online or ask your friends and relatives who've recently moved. If you'll be moving into a new town, looking for real estate agents online is your best option. In that case, trying to find the right home and close the deal on your own will be even harder to pull-off. Moving takes a lot of time, and moving long-distance even more so. While you're busy trying to find relocation assistance when moving from afar and handling all the details pertaining to the move, a good real estate agent will take care of all the details related to buying your new home.
Best is not always cheap
Once you've found a few candidates for the position of your trusted real estate agent, it's time to choose the best one. The first thing that we'll discuss has to do with the word "affordable" in the title of this article. Namely, "best" and "cheap" usually don't go hand in hand. While the best real estate agents can also be affordable (and often are), we wouldn't suggest simply hiring a real estate agent who will ask for the lowest commission. Since there are so many real estate agents competing in Florida, it is hard for inexperienced agents to land clients. Therefore, they will often accept a lower pay rate.
However, inexperienced agents are usually not the best agents (nor are they even close to being the best). The best real estate agent has the negotiating skills and the necessary know-how to land you the best deal. Inexperienced agents often struggle with that, as they don't yet have a lot of contacts, and they haven't had much chance to practice their negotiating skills. Therefore, they could be easily intimidated by the other party's agent, especially if he or she is one of the best.
What's more, they could be looking to simply seal the deal as quickly as possible, so that they (finally) get paid. The trick, therefore, is to choose the most affordable agent out of the experienced, skilled agents you've interviewed, who will then look out for your best interest.
The best real estate agents won’t beat around the bush
How to find the best real estate agent, that's just right for you? The first thing to look out for is - honesty. If you've interviewed several real estate agents, and most of them have given you a similar opinion, but one of the agents seemed to be unrealistically optimistic, it could be that this agent doesn't want to tell you the bad news.
A good agent will be straightforward with you. They'll tell you if your asking price is too high. They'll tell you honestly what kind of a market you are dealing with. They'll tell you if you need to make costly repairs before selling. They'll tell you the bad news, because that's good for you in the long run.
Determine how expeditious an agent is
The next thing to look out for is how quick a real estate agent is when answering your calls/texts/e-mails. There aren't that many homes to sell in Florida currently, so making an offer quickly is very important. One way to gauge your agent's efficiency is to look out for their responsiveness levels. If an agent replies quickly when you try to contact him, there's a good chance that he/she'll be just as quick when it's time to make an offer.
While initially interviewing agents, ask how many clients they have. If they have many clients, ask them to guarantee that they'll have enough time to provide you the best possible service as well. It could be that they're working with a team of qualified assistants, who will take care of your inquires; that is perfectly fine.
It's worth noting, however, that agents usually prefer texting. If you'd rather communicate in another way, look for an agent who won't have a problem with that.
Hire a professional agent who knows the area you're interested in
It is very important to hire a professional agent. Many people in Florida have recently been trying to become professional real estate agents, after previously doing something else for a living. What you're looking for is a professional who knows exactly what they're doing.
So, ask all the candidates to show you their license, as well as a list containing the details pertaining to all the deals they've closed recently. Ask for references too, and later check on them.
A professional will also respect your opinion. If it seems that your agent is simply trying to close the deal as soon as possible, while disregarding your opinions in the process, then you're most likely not dealing with a real professional.
And even if you are sure that a certain agent is a professional, it is also very important that he knows the given neighborhood well. If he does, he'll be able to quickly find a home based on the description you've provided. He'll also be able to point you in the right direction if a home that precisely fits your description cannot be found in the said neighborhood. So, be adamant to find an agent who is a skilled professional and is also very familiar with your area of interest. Working with such an agent, together with a reliable moving company such as Movin' Murdy - Pittsburgh Movers, should guarantee that your relocation goes as smoothly as possible.
If you're selling, digital marketing is important
Finally, if you'll be selling a home, try to find an agent who also knows how to market your home online. As that's where a lot of buyers will look for homes, you'll need to have high-quality pictures posted, as well as a nicely-written description. All the details about your home should be included in this description, and it should be written in such a way so as to entice potential buyers into considering your home.
If you remember and put to use all of our advice, you should be able to find the best real estate agent in Florida for you. Even better, there's a good chance you'll find a few great real estate agents, and then you'll be able to choose the most affordable one. Follow our advice, but don't forget to use your instincts as well. Good luck!
Written By: Lisa Robert with US Moving Experts
|Posted by Park Place Realty Network on August 9, 2019 at 4:00 PM||comments (0)|
The moment you decide to buy or sell a house, you're entering a process full of decisions. One of them is certainly choosing the right real estate agent. Luckily, every effort you make on that account will pay off in the end. To find an experienced, knowledgeable and dedicated real estate agent is more than half of the work. To assist you in the process of selection, we have selected the most important questions to ask your real estate agent before and after you commit.
First, you need to find a reputable real estate agent in your locale. You can ask people you trust for a recommendation or look for a reputable real estate agent online. Many real estate agents have websites and/or blogs and you can find their reviews online, too. No matter how you find and get in touch with your agent, it is important to ask him/her the right questions. There are topics you should discuss before you choose the agent and those you should inquire about later. We have split those topics into three general categories: questions about the real estate agent, about the house, and about the buying/selling process itself.
What should you know about your real estate agent?
The first thing you should inquire about is if the agent has a real estate license and then ask to see it. You need to make certain that your agent is an accredited professional and avoid real estate scams. After that, you should ask to see their references, though most agents will bring a list to the meeting or have their references online.
Once that is clear, it would be good to know how long the real estate agent has been in the business. There is nothing wrong about contracting a fairly inexperienced agent, though. Most of them have learned from seasoned colleagues and are eager to dedicate themselves to your case.
Furthermore, it is important to inquire about the agent's average list-to-sale ratio because it shows if the homes are selling for more or less than the listing price. With this in mind, note that buyers and sellers look for a different answer. This also leads to another question: is the real estate agent working mostly with buyers or sellers. Buyers would appreciate a real estate agent able to negotiate a lower asking price, which leads to a ratio lower than 100%. On the other hand, sellers would prefer to sell as close to the asking price as possible, making the real estate agent's ratio close or equal to 100%.
It is in your best interest to sell or buy a home quickly, so ask how long the real estate agent's listings sit on the market on average. If the time is unusually long, a reputable real estate agent should be able to explain it. Before you shake hands with your real estate agent, make sure you check what his/her commission fees are and how to pay him/her.
Which questions to ask your real estate agent about buying/selling?
Check if you can review the documents before you sign them and inquire about guarantees. You should know if you can cancel the deal at any time without any penalties. Once you choose your real estate agent, you should move on to inquiries about the path ahead of you. Ask the agent to explain the process of buying/selling your home from beginning to closure. It would help you greatly to know the schedule and some key points, especially if you sell and then buy a house. You might need to arrange for a moving company like City Movers to pack and move your furniture in the meantime, so learning about timeline is vital.
You would certainly want to hear about updates as soon as possible. What is the best way to communicate with your real estate agent should be one of the first things to settle. Your agent should be available at reasonable times and answer your calls, messages or emails. Likewise, you should ask if you'd work with the same real estate agent or a team of agents. If the latter is the case, meet them all and make sure you have a primary point of contact. Additionally, you should ask to see CMA (Comparative Market Analysis) and learn from the agent's report about the situation on the market.
What should you ask about the property you're buying/selling?
How to work with your real estate agent if you are a seller? You would want to know what price will sell your house and you better trust your real estate agent's word on it. Overpricing your home will lead you nowhere and it's in everybody's best interest to be realistic. That question leads to a similar one: which feature will sell the home? You might need to repair or adapt a part of the house. While you're at it, ask if there's anything you can do to get your home ready for showings. Also, inquire about their marketing strategy. They should have a plan already.
If you're a buyer, you should be interested to know why the current owners are selling the house. Are there any significant flaws? Is the neighborhood noisy? There are things you can't notice during your first or only visit. Ask your real estate agent if there are any seller disclosures if they don't mention it first. That further points to questions about maintenance costs. You should ask how many owners the house has had until now. The fewer, the better, maintenance-wise. Furthermore, you should inquire about property taxes in the area.
Do you have any other questions?
Don't be afraid to ask your real estate agent ’’Is there anything important that I forgot?’’ If you have chosen well, your agent will give you an honest and lengthy answer. The most important thing is to feel comfortable around your real estate agent and free to ask questions. Remember that you are partners in this endeavor, so maybe you should ask how you can best work together.
Or, have a company like Park Place Realty Network set you up with a top real estate agent in your market that will pay you back 15% of their total commission. Get more details here.
Written By: Lisa Robert with US Moving Experts
|Posted by Park Place Realty Network on August 6, 2019 at 5:30 PM||comments (0)|
Question: Since your company is not a Realtor member, would I be required to still pay my board/MLS dues? Can I sell full-time with you all in Florida?
Asked by: Mary Sanders
Expert Reply: Hi Mary, you're correct, we are not members of the Board of Realtors of the MLS. This is how we are able to get around our current active agents from being required to pay those annual fees of $1,000+. But, we are not a full time company and are strictly a real estate referral company for agents that want to work part-time (some do refer full-time with hundreds of leads). When you know of someone who is looking to buy or sell real any type of real estate, worldwide, we would refer it out to a top agent who would handle everything for you. You would then make top dollar of the total commission as a referral fee. Go to our website www.ParkPlaceNetwork.com to get all of the details on this.
If you are wanting to sell real estate full-time but are just trying to avoid paying your board dues, there really is no way around not paying them in order to sell full time. They are able to monitor your usage on the MLS through ip addresses so you can't borrow somebody else's login. In order to access many of the homes on the market, you would need an electronic key in which only Realtor members have access. Also, you would need to write contracts for properties that only Realtors have access to, if you use one of these contracts, you are setting your self up for copyright infringement. Then there is other issues like on a MLS listing, many agents will put down 0% to a non-rep for the commission. If they find out you are not a Realtor member, they do not owe you a commission even if you are already in contract and about to close. If you are trying to sell full-time, your best bet is paying the extra $1000+ a year for their memberships as they do provide a lot of services for their costs. I hope this answers your question.
|Posted by Park Place Realty Network on August 6, 2019 at 5:15 PM||comments (0)|
Question: I would like to place my Florida real estate license inactive, how do I go about doing that voluntary so that way it is still in good standing?
Asked by: Mark Cox
Expert Reply: Hi Mark, If your license is not currently inactive, then it is probably active under a real estate company. In order to place your license inactive, you would need to contact your current broker and ask them to place your license on inactive status. They can do this through an online system that they have setup with the dbpr or they can go the old fashion route by having you sign a document from the dbpr that they would then fax to the dbpr to make you inactive. Being inactive means that you are still in good standing with your license, it just means you are not currently active under a real estate company in which you are not able to earn real estate commissions.
Please take a look at our company at www.ParkPlaceNetwork.com, we are meant for agents who are inactive, they typically don't want to use their license to sell but instead refer worldwide and collect a referral fee. Park Place agents live all over the world with an active Florida real estate license.
|Posted by Park Place Realty Network on July 26, 2019 at 6:00 PM||comments (0)|
Question: I have an inactive real estate license in North Carolina, can I still collect real estate commission or does it need to be active?
Asked by: David P/North Carolina Real Estate Licensee
Expert Reply: Hi David, In order to collect any type of real estate commission, your real estate license would need to be active. If you need a place to hang your North Carolina real estate license, you can place it with our company as we are active there. We are a real estate referral company. Anybody that you know that is looking to buy or sell any type of real estate worldwide, we would refer it to a top agent in their market that would handle the entire sale. You would then make top dollar once the transaction closes as a referral fee. Go to our website www.ParkPlaceNetwork.com for all the details. I hope this answers your question.