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What To Expect From The Flat Fee Realtor Chicago Home Sellers Are Considering

By Shirley Parker


Before homeowners put their property on the market, they have to decide whether they will try to sell it themselves or engage the services of a real estate agent. Many people object to paying a percentage of the purchase price to an agent, but are concerned about the amount of time it takes to do the work themselves. Today there are companies that are offering an alternative to commission based real estate sales. In Illinois, sellers can hire a flat fee Realtor Chicago industry professionals recommend.

A lot of people are afraid paying less will mean they won't get the time and services of someone working on a commission. This is a good question to ask the agent at the first meeting. If you decide to go this route you should expect someone to keep you up to date on the progress of your sale. This person should pull comparable sales and help you set the purchase price based on them.

The listing agreement you sign with the company will outline all the particulars discussed. You need a signed copy for your records. It is always a good idea to have a home thoroughly cleaned and to remove clutter and personal touches. Your agent can make suggestions about how to improve the overall appearance of your home to attract the most potential buyers.

A sign will go up in your yard, and a lock box will be attached to the door if you have vacated the premises. The agent will have the property photographed both inside and out. This person will choose the most appropriate time of day to take pictures in order to make your house as attractive as possible.

One advantage of listing with a realty company is that your property will be added to a multiple listing service. This will get all the pertinent information about your house into the hands of other agents who can match it with their customers. Your agent will show your property to potential buyers and may suggest an open house to get maximum exposure.

When an offer is made on the property, the agent will present it to you and explain any stipulations the buyer has made. Whether or not to accept is totally your decision, but your agent can talk it over with you and discuss the pros and cons. Once a signed contract is in place, it is time to schedule the closing.

The closing will probably be conducted in an attorney's office. Prior to the actual day and time of the transaction, you agent should offer to go over the closing documents with you to make you sure you don't have any questions or concerns. The agent will attend the closing with you.

If you are relocating and selling your home, you will need a lot of help. It may not be feasible to try and sell your property yourself. Opting to hire a flat fee Realtor will save you money and check an important item off your to do list.




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