How to Find a Los Angeles Low Commission Real Estate Agent

Have you recently decided to sell your home? If you have sold a home before, you are likely to know the expenses associated with doing so. If you have never sold a home before then you are about to find out. That is unless you make the decision to obtain the services of a low commission real estate agent. Los Angeles residents have reported success with using their services and you could to.

If you are unfamiliar with real estate agents, you may be wondering exactly what a low commission real estate agent is. In the Los Angeles area, a large number of real estate agents retain their fees from a percentage of a home’s sale. This percentage is often referred to as commission. The commission obtained by local real estate agents is likely to vary.

If you were to contact a number of local real estate agents you would find that some charge a commission as high as five or six percent. Does this sound like a large percentage to you? If it does, you are right. Those individuals cannot be classified as low commission real estate agents. An agent charging one or even two perfect can be classified as a low commission real estate agent. Los Angeles residents, to save money on the sale of their home, are encouraged to find these agents.

Searching for a low commission real estate agent is similar to searching for a traditional real estate agent. You can use a local Los Angeles phone book to find a number of local real estate agents. It is important to note that phone books are limited on the amount of information they provide. If you are interested in determining whether or not a real estate agent can be considered a low commission agent, you will have to contact that agent directly.

In addition to using a local Los Angeles phone book, you can also use the internet to find a low commission real estate agent. Los Angeles residents, including yourself, can use online business directories or online real estate resources. Each of these resources are likely to point you in the direction of a low commission real estate agent. Los Angeles residents can also perform a standard internet search. That search is also likely to produce the same type of results.

Many low commission realtors offer services that are similar to full priced real estate agents. To determine the difference in services, you are encouraged to speak directly with a low commission real estate agent. Los Angeles homeowners have been profiting from the sale of their home with discounted agents and so can you.

8 Important Ways Homeowners Benefit From Using Real Estate Agents

Whether, you are a homeowner, who has decided, it’s time to sell his house, and relocate, or a potential buyer, seeking for the so – called, home of your dreams (the American Dream of home ownership), you will have the choice, of either, doing so, on your own, or using the services of, and being represented by a quality, experienced, professional, real estate agent. Some believe they will get a better deal, when they do so, on their own, because, there will be no, or fewer commissions. However, according to the National Association of Realtors, or NAR, homeowners, generally, net more, even after considering these, than those who do so, alone. Buyers also benefit because the right agent, has the local knowledge, to properly provide you, with relevant, professionally prepared, Competitive Market Analysis (or CMA), so you have a better idea of market value and the competition. With that in mind, this article will attempt to briefly, examine, review, consider, and discuss, 8 important reasons, homeowners benefit from using the right real estate agents, for their specific needs, and situation.

1. Local knowledge: Although markets, and times, change, in the vast number of circumstances, you will get your best offers, in the first few weeks, after it’s listed on the market. Therefore, pricing it right, from the start, often makes the difference, in a significant, major way!

2. Marketing expertise: The right agent, will create a customized, personal marketing plan, which addresses your specific residence and property, location, etc, as well as your priorities, needs, etc. There is no, one – size – fits – all, marketing process, so using a quality real estate professional, often makes a significant difference.

3. Agent’s network: Those who try to sell their house, on their own, often discover, they fail to attract as many potential buyers, as those using a professional. This is referred to, as an agent’s network, which includes the important tool, of listing the property, on the Multiple Listing Service, etc.

4. Hold client’s hand: The process of selling one’s house, is often, a stressful one, so using a professional, who has been through it before, and has a better idea of what to expect and anticipation, eases many of these stresses. Seek someone who patiently, is willing to, hold your hand, through the entire process.

5. Explanations/ expectations/ modifications: Rather than assuming or guessing, wouldn’t it help, to have clear explanations? Many homeowners have excessive or wrong expectations, and the individual, who represents you, must have the inner strength, to explain fully, his reasoning, and strategies. In addition, modifications, in terms of marketing, strategies, and pricing, are necessary, and someone with more experience and expertise, is far better positioned to guide you properly.

6. Convenience: Do you want to have to stick around the house, to show, the property, or wouldn’t it make sense, to hire someone, to do so, professionally? Open – houses, are only a small component in the overall strategy!

7. Negotiating: Professionally negotiating, on your behalf, benefits the client! Wouldn’t a professional, do a better job, in most cases?

8. From transaction stage, through closing: Hire someone who will be there for you, from the initial listing stages, showings, marketing, service, to the transaction stage, and then, until the closing, and house transfer is completed!

These are only 8 of the advantages of hiring the right person to represent your real estate needs. Focus on your needs, interview several, and choose, the right agent, for you!

Real Estate Agents In Houston – Appraisal Services

Caveat Emptor or let the buyer beware, is an ancient Latin saying that rings through today, especially in the real estate business. This is a fairly short informative guide to the real estate industry and specifically real estate agents in Houston.

Buying a new house or selling one, can be a stressful experience, and for many, a restate agent is your first port of call. For sellers, they can help you appraise the value of your home through comparative market analysis, they can also advise you on how to market and sell your home and they typically will facilitate the sale of your home and guide you through the process. For buyers, real estate agents can facilitate a purchase and handle arrangements with leasing and property management, if applicable. Services available will vary from broker to broker.

Despite the dismal look on the housing market nationally, real estate in Houston is thriving with bargains. As an active and colorful area to reside, Houston is home to some wonderful amenities as well as lots of culture and great services. Housing prices at one time reflected all the city has to offer but have recently fallen quite a bit. While many consider this a buyer’s market, it is still vital to choose the right agent from the various real estate agents in Houston.

Because the modern market is extremely competitive, there are many dangers for sellers. Prices are currently very low, which means that choosing the right agent is very important, as it will determine how much you are able to sell your house for.

Since there are several real estate agents in Houston, it is difficult to choose the correct person. Paying the fees is not the only criteria as the cheapest agent cannot always be the best. There are other factors that have to be considered like exposure to the market and the agent’s efficiency to market a person’s home to buyers. If a person is a seller, he should know how many homes the agents have access to and the duration of their business in this field.

It is common knowledge that you should only do business with a well-established real estate agent who is fully licensed as an agent. This is vitally important when it comes time to have your house appraised.

How to Choose a Realtor – 7 Questions to Ask Your Real Estate Agent

Buying or selling real estate is probably the most significant transaction you’ll ever make in your life. That’s why it’s important to choose the best Realtor to help you achieve this goal. But before you hire the services of a real estate agent, there are important factors to consider.

Many people have the perception that all real estate agents are the same. Some sign with the first one that comes along. Unfortunately, they realize later on that they should have been more selective before signing an agreement. To guide you in choosing the best Realtor for your needs, below are seven questions to ask your prospective real estate agent.

1) What is your experience in real estate?

The first thing you need to ask a real estate agent is how long they’ve been in the real estate business. It doesn’t mean that you cannot enlist the services of newly licensed real estate agents. Just keep in mind that those who have years of experience under their belts are probably more knowledgeable on what to do, from listing to closing. Aside from the number of years in the business, ask them what segment of real estate they focus on – residential, commercial, luxury, etc. Find out if he/she is primarily a listing agent or a buyer’s agent (or both). Familiarity with the market is also essential, so ask what geographic areas the agent usually covers. You can even dig deeper by asking if the agent has received any awards for outstanding performance.

2) How many and what types of properties have you listed and sold in the past year?

It’s one of the most important questions you should ask a real estate agent. The number of properties he or she has listed and sold in the past year is a valuable indicator how good a real estate professional is in getting the job done. Take note that this question consists of two parts: properties listed and properties sold. Agents may demonstrate their ability to list homes; however, the more important thing is the sales part – the ability to close deals. If they have many properties listed and sold in the past year, it shows that whatever strategy the agent is using, it’s certainly working.

3) What was the average sales price for the properties you’ve sold over the last year?

Asking this will give you an idea in what kind of market the agent specializes. Find out if the real estate professional has experience selling properties in the price range you’re listing at. If a majority of properties sold falls on the low-end market segment, it might take longer for the agent to sell if yours is a higher-end home. Although agents can sell any property regardless of price range, it’s likely that they will have better success in the market and price segments in which they have the most experience.

4) What is your average sale to list price ratio?

The sale to list price ratio (sometimes called the sale-to-list or list-to-sale ratio) is the final sales price divided by the listing price, expressed as a percentage. If it is 100%, it means the sales price was equal to the list price. You can view this ratio in two ways. A skilled listing agent can negotiate sales prices that are equal or close to the list price, and sometimes even greater in a very competitive market. So ideally, listing agents should have sale to list price ratios closer to 100%. On the other side of the coin, a good buyer’s agent can often negotiate a sales price that is lower than the list price. Therefore, buyer’s agent ratios ideally should be lower than 99%.

5) What marketing strategies will you use?

Deciding on what strategies to use can spell the difference between success and failure. A poor marketing strategy will diminish the chances for success. Do your own due diligence by asking how the agent will sell your property. There are lots of options – staging, open houses, joint marketing, print advertising, and of course, online marketing. Whatever approaches are used, they should be designed to bring in the highest number of qualified potential buyers. Higher end properties can also often benefit from professional staging. In any case, your agent should advise you on how to best prepare the property to make it the most attractive to potential buyers.

6) Can you give me some references?

Reputation is important in this line of business. Whether you’re buying or selling a property, you should ask for references (past clients). If possible, call a few and ask them about their experiences with the agent. Were they pleased with the service provided? Also ask if they are in any way related to the agent. A list of references made up of friends or relatives generally won’t provide an objective assessment of the agent’s qualifications.

7) Do you offer any type of guarantee, and will you let me out of my contract early if I am not satisfied with your service?

You can’t say with certainty how things will go, even if you did your due diligence. For this reason, you should ensure that you’re prepared for any eventuality. If you sign a contract and later find that you’re not satisfied with the service, will the agent allow you to cancel the agreement? If things don’t work out the way they’re supposed to, you should have the freedom to choose another agent who can deliver better results.

As you can see, there are many things to consider when choosing a real estate agent. Finding and interviewing Realtors can be a very time-consuming and laborious task. However, now armed with these seven questions, you are on your way in choosing the best Realtor for your needs.