In 2009, I wrote the following in a blog entry: “Sellers, hang in there, your day is coming … It's a cycle. Your time will come around again.”
Sellers, your day is finally arriving. With the severe lack of inventory in our area over the past six to eight months, it was inevitable that prices and demand would begin their ascent and we would see an increase in the activity for previously “unsellable” property.
Here’s a perfect example. Last week, we listed a property that is in overall good condition and is priced to market comparables. Within two days we’d had three showings and an offer was made. While we were negotiating that offer, the property received three more showings in the following days. To recap, within one week of listing there were six showings and a contract is close to being ratified between the parties.
If you are thinking of selling, contact an agent right away. Do not try to go it alone in this market. Interview at least three agents and choose the best fit for you, keeping in mind the best fit is comprised of several factors:
Value: What is most valuable to you when working with an agent? How well networked is your agent? Does your agent utilize social media effectively? How internet savvy is your agent? Value isn’t just measured monetarily.
Experience: Less is sometimes more. A lot of newer agents are often more eager than an agent with years of experience. Keep in mind all agents have the same licensing and continuing education requirements. Just make sure you are comfortable with the level of experience of the agent you hire. An agent with decades of time on the job isn’t always the best choice. You should also know that all agents aren’t Realtors but all Realtors are agents. An agent chooses to pay a membership fee for the use of the name REALTOR®. Don’t be fooled into thinking a logo beside an agent’s name provides extra protection or advantage.
Personality: Do you “click” with the agent? If you are not comfortable with an agent's demeanor, no matter how great they look on paper, don't hire them. I would recommend you choose the agent that you feel most comfortable inviting into your home. Selling a house is not a singular event. Your relationship with your agent should be strong enough to allow for honest communication to flow freely. If you wouldn't invite your agent over for coffee, he or she is not the one to hire.
While we pride ourselves on being an authority on the subject, there is a large pool of great agents in our area. I recommend if you have questions, call an agent today and find out what he or she can do for you.
iDeal Real Estate Professionals LLC is owned and operated by Brandon Bramlett and C. Mark Willix and is affiliated with Maximum One Realty Greater Atlanta. For personalized service, visit us at www.idealrealestateprofessionals.com. You can also email us at email@example.com.