If there is one common denominator among most home sellers, it is the urgency to sell their properties. Motivated sellers can get too emotional causing impulsive decisions that can cause them to waste money, time, and effort. Finding a Burbank Realtor to guide you in every step of the way will not only help you market your property, he will also ensure that you to make the right decisions.
To find the best Burbank Realtor, avoid these mistakes:
1. Do not choose a friend or a family member. Just because your cousin sells Real Estate part time while he works at In n Out does not mean that he is the best pick. Always ensure that you consider high standards when choosing a Burbank Realtor. Look at credentials, past experiences, and feedback from former clients. Another risk in hiring a friend or a family to handle business Real Estate transactions is that it can ruin your relationship. Elizar chose a former colleague to be his Burbank Realtor. Everything was going smoothly at the start but when challenges arose, differences began to surface. They did not only end up wasting more than $7000, they also lost their friendship. Be careful when choosing someone whom you know personally.
2. Do not price your property too high. Selling your properties at a high price will not be an effective strategy. Houses that are newly listed get the most attention from agents. If you give it a good price, agents will be interested to show it to their buyers. However, if you price the house high, there's a big chance that it will sit on the market for a longer period of time. By the time you decide to finally drop the price, agents are no longer interested in your property. Melvin listed his newly-rehabbed single-family home. Because it looked brand new, he listed it with a high price. The property sat on the market for months. When Melvin finally decided to price the house properly, his house was “old news” in the listing. In the end, he was forced to accept a low price offer.
3. Do not ignore references. The best way to find out whether your Burbank Realtor is competent or not is to check up on his references. Check recent sales and former customers. Ask his clients about the overall selling experience. Bear in mind that finding the best Burbank Realtor does not always depend on how long someone has been in Real Estate. Some experienced agents can grow disillusioned while the new ones are full of enthusiasm. Feline wanted to find only the best Burbank Realtor. She knew that by teaming up with the best, she can expedite the selling process of her property. Instead of simply relying on websites, she made the extra effort to meet up with former customers. She arranged a meeting and found out everything that she can about the whole selling experience. In the end, she ended up choosing the best candidate.
4. Do not base your decision on the presentation. Always make it a point to check several presentations. Weigh the pros and cons of each presenter. Making a decision out of impulse can result to a host of disadvantages. Mrs. Fitzgerland was a motivated seller. In her desire to sell the house at the soonest possible time, she hired a Burbank Realtor on the first meeting. Along the way, she found others who offered better services at a cheaper price. Since she was in contract with her Realtor for a certain period of time, she was not allowed to switch to other Realtor even if she was unhappy with the services.
5. Do not list with the agent offering the lowest commission. As the cliché goes, “You get paid for what you pay for.” Remember that most Real Estate companies use their own funds to advertise their homes in the market. Advertising and marketing eat up a huge amount of money. The lower commission your agent asks, the less incentive for them to make money that he will use to market his property. Lastly, bear in mind that the ability to negotiate is a very important skill that every listing agent should have. Why entrust your property with someone who does not even know how to negotiate his commission? Manuel wanted to limit his expenses in hiring people who will help him market his house. He hired the one offering the lowest commission. He ended up holding on to his property for a longer period of time.
6. Do not hire a Realtor just because he has a license. Passing the same test does not mean that all Realtors have the same level of knowledge. Remember that just like in other industries, Real Estate is constantly changing. Real Estate professionals stay updated with the current trends by continuing their education. Mr. Hoffman was so eager to find a Burbank Realtor. He just had a divorce and he wanted to sell his property to start a new life. He was not strict with the criteria in choosing a Realtor. In fact, he settled for the first candidate that he met thinking that passing the licensure exam should be enough qualification. The consequences were very disappointing. He hired someone who did not know to negotiate. His property sat on the market for nearly a year! He was not only wasting money, he was also wasting his time.
7. Do not hire someone just because he or she lives in your neighborhood. One's knowledge about the local market will not only be acquired by living in the same neighborhood. Through extensive research, he can learn a lot of information that can help him expedite the selling process. Mrs. Fields was very happy with her Realtor. They closed the deal weeks faster than the time that it took to make a top notch team of Real Estate professionals. Mrs. Fields invested time and money in hiring the best people, including her Burbank Realtor. She finally settled with someone who does not live in the same neighborhood that she does but has an extensive experience in sales.
Finding the best Burbank Realtor does not always come easy. Rest assured; however, that finding the right one could help ensure a profitable, fast, and a worthwhile selling experience.
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