Friday, August 4, 2017

Can Sellers Get Real Service From A Flat Fee Realtor Chicago Lenders Suggest

By Shirley Parker


When you are moving, you have so many things to do and think about, selling the house may seem like an overwhelming prospect. You might want to do the job yourself to avoid paying a commission, but it can be a time consuming endeavor. For those who don't have the expertise to sell a house on their own, and object to adjusting the asking price to accommodate a real estate agent's commission, there is an alternative. Illinois homeowners are increasingly turning to a flat fee Realtor Chicago lenders suggest.

You may have concerns that you won't get the same service with one of these agents that you would with a commission based real estate company. When you first meet with a representative, you should ask what to expect. In most cases, your agent will stay in contact with you to give you updates and suggestions. An opinion of value based on comparable sales is something else you can expect.

Once you have agreed upon the terms, your agent will go over the listing contract with you, answer any questions, and have you sign it. The real estate agent may have some suggestions about how you can stage your house to make it more attractive to potential purchasers. This usually involves removing any clutter, taking down personal photographs, and possible removing some excess furniture to make the rooms look bigger.

The company will provide a for sale sign that includes phone numbers and web addresses. The company will install a lock box if the house is empty. The real estate agent will have a representative take pictures of the outside and the interior of your house, being careful to present it in a positive way.

The more people who know your house is for sale, the better off you will be. That is one reason having an agent put your property on a multiple listing service is so advantageous. Local sales agents will see your house and may have a potential buyer for it that your agent would otherwise be unaware of. Agents sometimes suggest having an open house to encourage buyers to walk through your house.

When an offer is made on the property, the agent will present it to you and explain any stipulations the buyer has made. Whether or not to accept is totally your decision, but your agent can talk it over with you and discuss the pros and cons. Once a signed contract is in place, it is time to schedule the closing.

After finalizing the transaction, you will have a closing scheduled. Closings usually take place within sixty days of the contract. Closing statements can be requested in advance for your convenience. Most times the agent accompanies the client to the closing.

Selling a house on your own can be complicated and time consuming. Paying a commission to a broker will reduce the profits from the sale. Hiring an agent who charges a flat fee takes the burden off you and keeps money in your pocket.




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