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Selling Your Home ~ The Listing Agent

By Stephanie Reynolds (AgentsOfPossibility.com, REALTOR, GRI, ePro at CMI, Inc. ) on May 10, 2010

Selling Your Home ~ The Listing Agent

So you have decided to sell your home. For what ever the reason, you have determined now is the time. How important is it when making a decision on a Listing Agent? In my opinion, this decision is the most important in the process. If your Listing Agent does not do a good job, your house will not sell.

Don’t be fooled by an agent who is willing to list your home for the highest price. By overpricing your home, it has the potential of sitting on the market for an extended period of time. You want to SELL your home, not just LIST your home! Ask for the numbers that support the sales price. A good Listing Agent will be able to provide you comparable sales in your neighborhood that justify your asking price. The same goes for a home priced too low. This may guarantee a quick sale, but have you gotten a fair price?

What should you look for when interviewing a Listing Agent?

  • Marketing ~ How will your home be marketed? Ask for a marketing plan. Confirm your home will be placed on the MLS (Multiple Listing Service) Where else will your home be advertised? The Internet? Newspapers? Magazines? Will the Listing Agent hold your home open? Will there be print advertising? In what form? By having your home marketed to a wide audience will increase the number of people seeing that your home is for sale.
  • Communication ~ How is the Listing Agent at communication? Do your phone calls get returned? Does she respond to email? If the communication with you is not up to your expectation, imagine someone trying to contact them to inquire about your property! You will also want to be updated throughout the process. How will your Listing Agent keep you informed?
  • Honesty ~ You need to feel confident you are being treated with honesty and respect. Trust your intuition. Your Listing Agent should speak from the heart, have your best interest in mind and have the ability to let you know the facts. Even if it may be something you do not want to hear. Do you really want to work with someone that agrees with everything you say? The sky is green. You are right Mr. Seller, I couldn’t agree more!
  • Negotiation Skills ~ A Listing Agent should be able to negotiate the best deal possible for you. You do not want someone to take a quick, easy sale at your expense.
  • Experience~ Today’s real estate market presents many challenges. From Short Sales to Foreclosed properties. Each transaction has it’s own unique situation that may not be easily resolved. Working with an experienced Listing Agent and REALTOR® can provide you with the assurance any situation that may come about will be resolved quickly and professionally.

 

By taking the time to understand the process and finding a Listing Agent that will work for you will enable you to sell your home for the highest price possible while keeping the transaction on course. An experienced Listing Agent will properly advise you with all the required disclosures while keeping real estate transactions from falling apart, or being brought into court. When selling your home, make sure you have a Listing Agent that will work for YOU, not their pocketbook!

 

Making the Home of Your Dreams A Reality. As your Agent of Possibibility it is my intent to make your home buying or selling process a smooth one!

Please feel free to Subscribe to All Possibilities Throughout San Diego or contact me at 619-838-4408. 

                                                     

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Posted in Sellers | Tagged agent of possibility, foreclosure, home for sale, listing agent, real estate, san diego, santee, selling agent, short sale, traditional sale

A Golden Opportunity In California to Double Dip on Overlapping Homebuyer Tax Credits

By Stephanie Reynolds (AgentsOfPossibility.com, REALTOR, GRI, ePro at CMI, Inc. ) on April 7, 2010

Have you been waiting for the sun, moon and stars to align before buying your home in San Diego California? Well the time has come….Don’t miss out on not only the Federal Tax Credit but the California Tax Creditas well. Janet Guilbalt provides us with some great information for potential California Home Buyers!

Via Janet Guilbault California Mortgage Banker/Broker:

If EVER there was a reason to get off the fence and BUY YOUR HOUSE in California, this is it. We’re talking a once in a lifetime, 24 karat golden opportunity to have the government subsidize your home purchase for up to $18000 in tax credits.

But the window of opportunity is EVER so brief if you are going to attempt to double dip and get both the state and the federal tax credits.

Here’s how the double dip works: The federal home buyer tax credit for first time buyers states you must be in contract to buy your house by April 30th and close before June 30th to be eligible for the credit.

But a newly enacted California stimulus for home buyers actually OVERLAPS the federal first time home buyer tax credit!

You can also receive $10,000 in tax credits as a first time buyer, from the State of California for transactions that CLOSE after May 1.

 If you have followed me so far (and there are 18,000 reasons to pay attention and follow) you have probably figured this out:

  1. By being in a RATIFIED CONTRACT before April 30, you can qualify for the $8000 first time homebuyer tax credit from the Federal government (as long as it closes by June 30)
  2. By CLOSING that RATIFIED CONTRACT after May 1, you can qualify for the $10,000 first time homebuyer tax credit from the State of California.

ADVICE:

Already in contract and set to close at the end of April? A delay of close until May 3 will not endear you to your Realtor or to your seller, but could qualify you for $10,000 in tax goodies (May 1 and 2 are a weekend).

If you are NOT already in a contract, you are going to need to contact a mortgage professional and get thoroughly pre-approved NOW. Make sure closing the loan before June 30th will be possible based on your situation. (60 days is NOT unreasonable for most loans).

Once preapproved, seek out a great Realtor who knows the ropes, will work FAST, and will work as a team with your chosen mortgage professsional.

Disclaimers: As a mortgage professional, I am not qualified to give tax advice. Please consult your tax advisor. Be aware there are income limitations on the federal tax return, and there could be other factors that limit your ability to receive the tax credits.

For more information, a speedy preapproval, or a referral to a great Realtor, call me at 925-552-3867.

 $10,000 California tax credit

$8,000 Federal tax credit 

 

Making the Home of Your Dreams A Reality. As your Agent of Possibibility it is my intent to make your home buying or selling process a smooth one!

Please feel free to subscribe to my blog or contact me at 619-838-4408.

Posted in Buyers | Tagged agent of possibility, buyer, california tax credit, federal tax credit, first time homebuyer, mortgage, real estate, san diego, tax credit

Agents Of Possibilities

Stephanie Reynolds
Broker, REALTORĀ®
GRI, ePro, SRES
License# 0115529


Direct (619)838-4408
Fax (619)449-4408 steph@agentsofpossibility.com

Colleen Mitchell
Broker, REALTORĀ®
License# 01327755





Direct (619)261-9092
Fax (619)271-1233
colleen@agentsofpossibility.com

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