First-Time Home Seller Tips: Employ the Right Real Estate Agent

Listing a house may seem like a long, arduous process, especially for a first-time home seller. But with the right real estate agent at your side, you can receive expert support at each stage of the home selling journey.

What does it take to hire a diligent real estate agent to ensure you can sell your house? Here are three tips to help first-time home sellers employ the ideal real estate agent.

1. Conduct a Comprehensive Search

Search far and wide for a real estate agent – you’ll be glad you did. With an extensive search, you can learn about the pros and cons of working with various real estate agents in your area and plan accordingly.

Don’t hesitate to reach out to friends and family members for real estate agent recommendations. If friends and family members enjoyed outstanding experiences with certain real estate agents, it may be a great idea to contact the housing professionals who have helped your loved ones achieve their home selling goals.

Also, look for real estate agents who boast many years of industry experience. These housing market professionals are likely to understand the ins and outs of selling a residence. As such, they may be better equipped than other real estate agents to help you optimize the value of your house.

2. Ask Plenty of Questions

If you find a real estate agent who seems like a viable candidate to help you sell your residence, it is important to set up a face-to-face meeting. That way, you can ask questions and determine whether this individual is the right person to assist you.

During a face-to-face meeting, find out what a real estate agent has to say about your residence. Typically, a diligent real estate agent will conduct extensive research before meeting with you and should be able to offer honest, unbiased home selling recommendations.

Furthermore, there is no such thing as a “bad” question, especially for those who are selling a house for the first time. And if you have questions for a real estate agent, a face-to-face meeting provides an excellent opportunity to get your queries addressed by a housing market expert.

3. Get Client Referrals

Ask real estate agents for client referrals. Then, reach out to past clients so you can better understand how a particular real estate agent has supported home sellers over the years.

If a client offers glowing recommendations of a real estate agent, this housing market professional may prove to be the best choice. On the other hand, a client who encountered problems with a particular real estate agent may help you avoid making the wrong decision as well.

Ultimately, the right real estate agent is someone who can help you sell your house and keep you informed as the home selling journey moves forward. And if you spend some time learning about the real estate agents in your city or town, you should have no trouble employing a top-notch real estate agent who can take the guesswork out of selling your residence.

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Resist the Temptation to Overspend for a Home

Have you found the home of your dreams but are overwhelmed by the price tag? This is a no-win situation that challenges even the most patient, resourceful homebuyer, and perhaps for good reason.

Finding the perfect home may take days, weeks, months or years. And if you discover a residence that meets all of your needs but falls outside your budget, you’re likely to be tempted to overspend to acquire this residence.

However, you’ll want to take a step back and think carefully about your decision, and those who weigh the short- and long-term ramifications of their decision ultimately will be able to make the right choice.

Furthermore, you should consider the following factors as you try to resist the urge to overspend on a house:

1. Your monthly mortgage payments

Although you may be able to handle a higher monthly mortgage payment in the short-term, you’ll want to think about your long-term plans before you finalize your purchase.

For example, do you plan to raise children? Or do you anticipate a career change over the next few years? You’ll want to consider any plans that could impact your budget and determine whether you’re ready to handle your monthly mortgage payments both now and in the future.

2. The quality of the home

Although your dream home likely is of the highest quality, you’ll want to ensure this residence won’t require any immediate improvements.

The quality of the home will dictate whether this residence will require substantial short- and long-term maintenance and repairs. And if you find there are many home improvement projects that may need to be completed soon, you may be better off considering other homes on the real estate market.

3. Your wants and needs

Ideally, you’ll want to find a home that fulfills all of your wants and needs instantly. But in today’s highly competitive real estate market, only a fraction of houses may come close to meeting all of your demands.

Differentiating between your wants and needs, however, is critical, as this will allow you to distinguish what you need to enjoy your home versus what you’d like your home to include in a dream scenario.

For instance, your home needs electricity, running water and other everyday essentials. On the other hand, you may want a home with a pool, a spacious back yard and other distinct features, but you should not rule out homes due to the fact that they lack some of these non-essential amenities.

Take a close look at your priorities and your budget, and you’ll be able to make the right compromises to find a home that won’t require you to break your budget altogether.

Remember, your home is what you make it, and overspending to acquire a house may leave you satisfied in the short-term but struggling to pay your bills over an extended period of time.

Make the right compromises as you explore the real estate market and set realistic expectations for the houses you check out. By doing so, you can improve your chances of finding a high-quality residence that meets your personal and budgetary needs.