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Prepare Your Home
A good agent will help you prepare your home for sale. From
offering advice on how to spiff-up your living space to helping you
decide on your asking price, here are a few things you can expect
from a GMAC Real Estate agent.
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1. |
Price and prepare your home for sale |
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2. |
Market to other agents |
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3. |
Market to potential buyers |
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4. |
Negotiate, handle paperwork and close the deal |
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Comparative Market Analysis (CMA)
Your GMAC Real Estate listing agent can generate a report that
compares your home to the other homes currently being sold in your
area. It may also show other homes that have sold recently, or
expired from the market before selling. This data will help you and
your agent decide together on the most realistic asking (or list)
price for your home. |
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Interior And Exterior Improvements
Your home should "smile a welcome" to prospective buyers. The
exterior's curb appeal will get them in the door; the interior will
seal the deal. Your agent will tour your home with you, offering
objective advice about which improvements that should or could be
made. |
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Market To Other Agents
A good agent also knows the value of spreading the word about your
home to other agents. A GMAC Real Estate agent will widen your
audience of potential buyers using these techniques. |
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Multiple Listing Service (MLS)
The MLS lets real estate agents showcase and sell each other's
listed properties as "cooperating brokers." It's an electronic
database promoting large and small brokers' listings. The more
agents who know your home is for sale, the faster it's likely to
sell. |
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Brokers Open Houses
Your agent will host this tour (usually held on a weekday morning
specific to an area) and invite local agents to see your home;
agents who will preview it for their buyers. |
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Lockbox
Your agent will provide an electronic key or numeric combination to
open a door-hanger, which holds your house key. Agents will be able
to show prospective buyers your home, even when you're not there. If
you're away from home a lot, or if you're house is off the beaten
path, this is a great convenience. |
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Market To Potential Buyers
For every home, there's a buyer. Let your GMAC Real Estate agent
connect you to "The One" with these tactics. |
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Yard Sign
Yard signs are an awareness-generating tool, notifying neighbors and
drive-by buyers that your home is for sale. |
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MLS Listing
The Internet is a popular choice for home "Shoppers." Nationally,
more than ever before more people in the market for a new home use
it. It's especially valuable for people relocating to your area.
Your GMAC Real Estate agent will provide you with real-time
listings, open houses and plenty of photos that showcase your home
to Web surfers. |
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Community Newspaper Ads
This most basic marketing tool is still important in many areas.
Your agent will advertise your home in the real estate pages of your
local newspaper (and tell you how often), with a brief description,
asking price and contact information. |
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Showings
Your GMAC Real Estate sales associate will set up showings to
accommodate the schedules of qualified buyers and their agents –
without inconveniencing you and your family. |
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Open Houses
Your potential buyer may still be around the corner, but open houses
can bring them to your door. Ask your GMAC Real Estate agent if s/he
will hold them and if you should be away from the house when they
occur. Consider a weekday open house – they're not just for Sundays
anymore! |
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Direct Mail
Promotional postcards and other written materials about your home
can be sent to targeted market areas and the potential home buyers
who live there. |
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Close The Deal
It may seem ceremonial, but closing the deal is often the hardest
part of a real estate transaction. Your GMAC Real Estate agent will
start working for you even before the final sale. |
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Qualification/Pre-Screening
Prospective buyers visiting your home should be financially able to
purchase it. Your listing agent can work with the buyer's agent to
assure that the people who see your home can afford what you're
asking, and that they have been pre-approved by a qualified lender. |
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Inspections
City code, general home, and pest (if necessary) inspections. Your
GMAC Real Estate listing agent can represent you (and your
interests) during these appointments so you don't lose time from
work or school. |
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Evaluating And Negotiating the Offer
It takes a certain finesse to navigate the ins and outs of a buyer's
offer. Is the offer acceptable? What closing date works for you? Are
you willing to repair the roof in exchange for your full asking
price? Helping in shaping your decisions is why you'll want a
trusted, objective professional like a GMAC Real Estate sales
associate as your partner. |
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Contract Acceptance
Buying a home is one of the biggest decisions of your life. Rely on
the guidance and objectivity of a trusted professional. Your GMAC
Real Estate listing agent can make sure that details are remembered
and your interests protected. |
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Legal And Other Documents
A real estate transaction can involve listing and purchase
agreements, multiple disclosure statements, waivers, schedules,
amendments and conditions. Do you work with real estate-related
legal documents every day? Your GMAC Real Estate listing agent does.
Rely on his/her familiarity with the language, timelines and
requirements that lie within these legal documents. |
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Dispute Resolution
Even the smoothest, simplest real estate transaction involves two
parties, with needs and objectives that may differ. The right real
estate agent can provide skilled negotiation and mediation and
conflict resolution. Let your agent deal with the sticking points
that can sometimes offend a seller. |
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Facilitate Closing
The old adage, "the devil is in the details," is no less true at
closing. Once you've accepted an offer on your home, your GMAC Real
Estate agent will work quietly and efficiently to keep things moving
smoothly and according to plan. Broker, lender or lawyers. Everyone
needs paperwork, signatures, verifications and certifications. From
listing too closing and final title transfer, it's another area
where the right agent can make the difference. |
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Conditions
Conditions in your Agreement of Purchase and Sale are terms that
must be met before an agreement is firm and binding. The written
conditions, therefore, must also be removed in writing, through the
use of either a Waiver or an Amendment by a specified date before
the contract can be fully in effect. Whether it's financing,
inspection or any other item your agreement is subject to, GMAC Real
Estate listing agent can assist you in understanding and fulfilling
these contractual conditions. |