Choosing a Real Estate Agent that has local knowledge

This is one of the most important decisions you can make. Some things to consider are; do you feel that you can trust the agents you are meeting? Trust is something which is developed over time but agents can provide you with knowledge about your area, be able to prove their previous results and show you how they are going to achieve the best result for you. By sharing this information with you, you should feel more comfortable that they can provide a similar result for you.

Your home is the most important asset you will ever sell, so it is important to feel that the agent will keep you informed along the way. Information regarding what the buyers are saying, what offers are being made, what properties are in competition with yours and what has sold recently, keeps you up to date and ready to make the most important decisions about your home.

The agent will be in charge of advertising your property, so make sure you are happy with the style of advertising and marketing program being suggested.

Once you have selected your agent you will need to sign the agency agreement. This agreement is a legally binding document which outlines the method of sale (auction or private treaty), duration of the agreement, advertising program and cost, commission rate and other items pertinent to the sale.

The agent will also be in charge of the legal requirements of selling your property, so make sure they are experienced with exchanging Contracts with a 5 day cooling off period and/or sales advices.

The real estate agent must have a signed agency agreement, from you and the Contract for Sale, in their office before they can show your home to prospective buyers. This is a legal requirement and major fines can be imposed, if not adhered too.

For more information contact our office.