1. Listener – Make sure your agent is a listener. It might seem silly but you need to choose someone that understands your goals and objectives and is listening to you when you communicate your thoughts.
2. Communication – Plain and simple…you need an agent that is going to communicate with you. You and your agent should discuss at the outset how and when you will communicate i.e. phone calls, emails, texts, daily, weekly, after every showing or only when there is interest. Once the rules have been agreed upon, each party knows what is expected of them.
3. Ethics – Hire an ethical agent. This is not the time to take chances. If someone is unethical in other areas of their life, chances are they are not ethical at work.
4. Experience & Market Savvy – Does your agent go on tour or preview new homes on the market? Does your agent know neighborhood values, comps, and market statistics? Would your agent accept an oral offer on your home? Does your agent sell more than 1-2 homes a year? Hire for experience and market knowledge!
5. Collegial – Is your agent a bulldog, a pussycat or an eager beaver? Does he or she play well in the sandbox? You need to know who you are hiring. Look for a dealmaker, a networker, someone who is cooperative and respected by their peers. It’s so critical to have an agent that can work well with other agents. More likely than not, another agent will sell your listing or call you if they have listed the perfect house for your buyer.
6. Diplomacy – This is easy. You don’t need a world leader but you do need someone that will represent your best interests in a real estate transaction. You need an agent that knows discretion, someone who won’t make decisions for you but represents you well and someone who suppresses drama. You really don’t need to know every little last thing that happens with the other party to a transaction. As long as the contract is being followed, it’s better to stay out of the drama
blog post by Betsy Schuman Dodek
Amazing cash flow opportunity! Live and/or work in one of three exceptionally maintained, 1919 Craftsman homes. 7 units, metered separately, five currently occupied. Wonderful investment opportunity in high visibility location. Units are remodeled throughout with original, 1900′s charm + modern conveniences. Don’t miss out, this is a must see!
While open housing at one of our short sale listings last week, a curious neighbor came in to inquire about the home. She asked if it was a short sale, and shook her head, saying how terrible she felt for the sellers. Without getting into specifics about our sellers, I assured her there was no need to feel terrible and that in this instance, it was for the best.
It got me thinking about the negative stigmas short sales may have attached to them. While it is true that in many cases short selling is a final effort to dodge foreclosure, it may also serve as a wise alternative for homeowners who are in over their heads. This doesn’t necessarily mean they have made wrong choices. Sometimes, life catches up to us and we are faced with inevitable hardships such as divorce, job loss, or death, to name a few.
Using the short sale method rather than being foreclosed on offers homeowners hope. It can save them from significant amounts of heartache and long term implications on their credit report. (A short sale may affect your credit score by up to 100 points and means a wait of 2 years before you can buy another home. A foreclosure means you cannot buy a home again for up to 7 years.)
Having an experienced Real Estate professional on your side, who is willing to advocate for you and negotiate on your behalf is key in these types of situations.
If you are considering short selling your home, The Home Sweet Home team is here for you!
Call us today, and walk away knowing that you are in good hands.