Do's and Don'ts
For many reasons, selling a home is not as easy it used to be. There are more laws to follow than ever before and competition is ever increasing ... just to name a few. Don't worry, help is here. Just follow these simple tips.
Do ask friends, family, and neighbors who they recommend. Word-of-mouth advertising is still the best. Ask around and see who liked who and why.
Don't think big real estate companies are always better. When you sell your home, you need a realtor that can provide the individual attention you deserve. You need someone who can work with you and develop a relationship that makes you comfortable ... not someone who only "works by the numbers."
Do get the full story behind "million dollar" salespeople. Most realtors will not tell you this, but sales numbers do not always tell the full story. Instead of comparing a realtor's abilities by dollars and cents — amount of property sold — compare them on their knowledge and ability to meet customers' needs. Interview them. And only choose someone you feel listens to you, that you are comfortable with.
Don't use a realtor that doesn't represent your interest. Many home sellers blindly believe that their realtor is working for them. When, in reality, the realtor is working to placate the buyer ... as a buyer-broker. Discuss this with your realtor and know who is on your side.
Do check for active Multiple Listing Service members. The Multiple Listing Service (you will hear it referred to as MLS) is an invaluable resource ... only if it is used properly. Your house can be listed on the MLS for all agents to see. So do not just ask your agent if he or she subscribes to MLS, but ask how much they use it. The more, the better.
Don’t wait until settlement to get an attorney. Most mistakes happen before you close. If you have legal concerns, an attorney will be best equipped to help you before settlement. After all, an ounce of prevention is worth a pound of cure.
Do read the listing agreement (and, yes, it is negotiable!). Not all listing agreements are alike, and though you may be told it is a “standard” form, read the fine print and do not be afraid to negotiate your terms.
Don't over-invest in your home. It is no secret: getting your home in tip-top shape will help you get more money for it in the end. But, you should discuss with a professional which repairs offer the most value and which do not, to ensure that you get maximum return on your home improvement investment.
Do go Solo. As a family-owned business, Solo Real Estate understands the value of personal relationships. Our professional expertise and intimate knowledge of Center City real estate helps us help you get the most out of your home. Go Solo before your house goes on the market. |