What Does a Seller's Agent do?
Good question and obviously based off exactly who you ask, the answer will always change and evolve. As it should. Technology changes and communication with it, so why wouldn't a real estate profession change too? But let's touch on the nitty gritty of what it is you are paying them to do.
Obviously you are paying them to facilitate the buyer of a home but what exactly does that entail? In its most simplest form, it's putting a sign in your yard and putting your information into a Multiple Listing Service (MLS). A MLS is all the data about taxed properties a real estate agent could possibly want technologically streamlined for everyone's convenience.
Now. Is that ALL they do? It shouldn't be. Even if it was for a listing of a home in a hot area of town where homes are selling fast, you want someone that has an excellent marketing strategy with both paper and digital. Here at Exit there's a slew of things digitally that you have available to you just for picking an Exit agent***, like myself.
You want the agent to not just host an open house but send out flyers to your current neighborhood plus some. Odds are really good you have a neighbor that wants their sister, brother, or favorite cousin to live closer. Thanks for offering up your home!
As an appointed representative of you, an agent should handle most of the contact between all the inspectors, lenders, title agents, and any other on goings needed to complete the transaction. Having someone you trust deliver bad news is usually easier to swallow. (Don't shoot the messenger.) A good agent has already read it and has solutions to the problems before you even hear the bad news!
Are you familiar with a title report? Know what to look for or what should be a red flag? Well your agent should. If you have any questions about the report, the agent will get more information if they don't already know the answer. The selling of a home is a pretty complex trade. As it should be with something so substantial as a transfer of real property.
An agent must wear lots of hats to fulfill multiple roles for a proper seller's representation. Keep your peepers peeled next week to learn what a Buyer's Agent does! But until then?
***You can text ListwithExit to 85377 for a short informational YouTube video. I personally love their digital business cards! (You can text KurstinElite to 85377 for mine. 😉)
Obviously you are paying them to facilitate the buyer of a home but what exactly does that entail? In its most simplest form, it's putting a sign in your yard and putting your information into a Multiple Listing Service (MLS). A MLS is all the data about taxed properties a real estate agent could possibly want technologically streamlined for everyone's convenience.
Now. Is that ALL they do? It shouldn't be. Even if it was for a listing of a home in a hot area of town where homes are selling fast, you want someone that has an excellent marketing strategy with both paper and digital. Here at Exit there's a slew of things digitally that you have available to you just for picking an Exit agent***, like myself.
You want the agent to not just host an open house but send out flyers to your current neighborhood plus some. Odds are really good you have a neighbor that wants their sister, brother, or favorite cousin to live closer. Thanks for offering up your home!
As an appointed representative of you, an agent should handle most of the contact between all the inspectors, lenders, title agents, and any other on goings needed to complete the transaction. Having someone you trust deliver bad news is usually easier to swallow. (Don't shoot the messenger.) A good agent has already read it and has solutions to the problems before you even hear the bad news!
Are you familiar with a title report? Know what to look for or what should be a red flag? Well your agent should. If you have any questions about the report, the agent will get more information if they don't already know the answer. The selling of a home is a pretty complex trade. As it should be with something so substantial as a transfer of real property.
Back in the early days realtors were called peddlers and didn't require any type of regulation. You can imagine how much of an issue this was considering one person could literally sell the same parcel of land to multiple people. Annie: Get your gun!
Because this DID happen, in 1913 the Code of Ethics was born. "The Code ensures that consumers are served by requiring REALTORS® to cooperate with each other in furthering clients' best interests" When you hire a realtor, you hire someone held to very high business ethics and procedures governed by a board (Missouri Real Estate Commission) to ensure they do.
My favorite seller's agent responsibility? Negotiations. Don't want to have to settle? Don't do well saying no or confronting others? Don't want to give into another's suave manipulations? Hire someone else to deal with it all for you. Make sure you pick a confident power house that will get you the best and most fair price in the quickest time.
My favorite seller's agent responsibility? Negotiations. Don't want to have to settle? Don't do well saying no or confronting others? Don't want to give into another's suave manipulations? Hire someone else to deal with it all for you. Make sure you pick a confident power house that will get you the best and most fair price in the quickest time.
An agent must wear lots of hats to fulfill multiple roles for a proper seller's representation. Keep your peepers peeled next week to learn what a Buyer's Agent does! But until then?
Happy Hunting,
Kurstin Raposa, a Realtor specializing in assisting buyers and sellers throughout St. Louis, Missouri and the surrounding area including, but not limited to, Jefferson County, South County, St. Charles County, and St. Louis County with Exit Elite Realty. Nothing beats a real estate agent with thorough knowledge of a local market that loves to share it with anyone that'll ask. If you have any questions please call or text: Kurstin Raposa 314.596.8608
***You can text ListwithExit to 85377 for a short informational YouTube video. I personally love their digital business cards! (You can text KurstinElite to 85377 for mine. 😉)
Comments
Post a Comment