Real Estate Agent

A Real Estate Agent’s Top 10 Kept Sales Secrets

Selling a home can be a challenging task, but with the help of a knowledgeable dubai real estate agent, you can make the process much easier. Experienced real estate agents have a wealth of knowledge and insights that can help you sell your home quickly and for the best possible price. Here are eight home sale secrets that only real estate agents know:

Seasonal Variations in Staging

They formerly closely guarded the secret of staging. Although the secret has been out for some time, home staging continues to develop and may include a great deal more than just setting up a comfortable discussion corner in the living room. Staging a house for sale is making it presentable to prospective buyers. Rearranging furniture and clearing out unnecessary items are also part of this process, which aims to highlight the house’s greatest qualities and make it more appealing to potential buyers. Staging a property may increase its selling price and help buyers see themselves living there. A real estate agent’s advice and help in home staging might be invaluable if you’re planning to sell your current residence. They can suggest painting the walls a new color, rearranging the furniture, or sprucing up the landscape to make your property more marketable. Working with a real estate professional to stage your house will enhance interest from prospective buyers and perhaps even the asking price.

Pricing Strategy

The best possible price approach for your house is one of the most crucial home selling secrets that real estate professionals know. Overpricing might turn off prospective consumers, while undervaluing can cause you to lose money. Professional real estate agents know the area like the back of their hand and can advise you on how much to ask for your house. To make your listing more appealing, they may also suggest other pricing tactics, such as setting your price slightly below a round figure. To assist you set a competitive price for your house, real estate professionals have access to data on market conditions, trends, and similar home sales. If you and your real estate agent work together to set the right price, you may boost your home’s chances of selling fast and for the most money.

Should You Negotiate the Agent Commission?

Many vendors are unaware that they may bargain for a lower commission from their agent. However, doing something simply because you can isn’t always the best idea. “It’s usually the agents who give lower commissions. According to Ahmed Cooty, a real estate agent in Dubai, “they’re trying to win the business” by doing this. You get what you paid for, as is the case with many things in life. Cooty maintains that it is well worth it to pay for the services of “a truly excellent agent who executes the transaction quickly and flawlessly and sells the house at a good price.”

They Cannot  Identify Haunted Properties

It is against the law for a real estate agent or broker to “stigmatize” a home in any way, shape, or form. Sellers and their representatives do not have an obligation to discuss less serious issues, such as ghost sightings. Curious people may learn a lot from their neighbors. Olga Boryczko claims that she recommends that potential purchasers look up the location on Google and also check the county sheriff’s website to see if there have been any recent arrests made there or construction licenses issued.

You Can’t let a Listing sit for too Long

Three to four weeks is considered “too long” in a competitive housing market. That’s a red flag, adds Cotty, because the home is probably priced too much. Avoid seeming desperate by starting at a reasonable price for your home’s worth. “It’s much better to be in a position where the seller has multiple offers than to get greedy trying to obtain an unrealistic price — only to reduce it later,” Cooty says.

They Must Boost Sales 

Most real estate agents are self-employed contractors who work for brokers and are paid entirely in commissions. Between 5 and 7 percent of the sale price goes to the broker representing the selling agent, or it might be shared between the brokers representing the buyer and the seller, depending on the state. The typical lease commission is 40% of the first month’s rent, although it may range up to 100% of the monthly cost.

Local Market Knowledge

Anyone wishing to sell a property would do well to consult with a real estate agent, who has extensive experience and insight into the local real estate market. They know the ins and outs of the area, including the best schools, community centers, and other factors that might help or hurt your home’s selling price. To set a fair price for your house, a real estate agent’s knowledge of recent transactions in your neighborhood is invaluable. They may also give you an idea of how soon your property could sell by giving you information on the local housing market. Working with a real estate agent who is well-versed in the local market may improve your chances of a successful home sale.

Listings For homes Might be a “Black Hole”

Black holes are invisible because no light can escape them. If your listing disappears into the real estate abyss, nobody will see it. “Most cities have listing black holes—times when listings get lost to weekends in the sun, family vacations, and nonbusiness topics,” writes real estate agent Kara Sultanova. If you put your ad up just before a big holiday weekend, like Memorial Day or the Fourth of July, it may not garner much attention from prospective buyers.

Misleading Advertising Only Serves to Disappoint

People on dating services sometimes exaggerate their physical attributes in photos or their age. This may work in the short term to get people’s interest, but it usually ends in disappointment once they actually meet in person. The same holds true for property ads. “If your home is located near a tiny pond, don’t describe it as if it’s this huge, luxurious waterfront lake desirable to all,” advises Los Angeles, CA real estate agent Chantay Bridges. Just highlight the positives of the resources at your disposal. There’s a risk of losing potential customers if you don’t.

November is National Homebuyers Month

The housing season, which typically spans from February through September, is traditionally considered to have begun on the weekend of Presidents Day in February by many real estate professionals. After that, things gradually slow down until the next year. However, there is one month throughout the housing season that routinely outperforms the others. What month is this, exactly? You’d be right if you guessed June. June generally sees a 29% increase in home sales over the rest of the year.

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