An experienced and qualified real estate agent is a great asset to have on your side. To learn some tricks of the trade that will make your home sale or purchase that much easier, check out these agent hacks for home buyers and sellers in Port-Elizabeth.
Make Sure the Price Is Right
Every savvy real estate agent understands the crucial role of pricing in the buying or selling process of a property.
An essential factor in determining the right price for your home is analyzing the prices of similar properties in your neighborhood, especially those that have recently been sold.
In real estate circles, this practice is referred to as neighborhood comps or neighborhood sale comparables. The proximity of your property to amenities like parks, schools, hospitals, shopping centers, and entertainment venues also influences the asking price.
It’s common to find listings in suburban areas highlighting the time or distance to popular metropolitan hubs.
Leverage Your Marketing
Real estate agents rely on marketing strategies to discover potential properties for buyers and create interest for their sellers.
A key tool in their marketing arsenal is the Multiple Listing Service (MLS), a vast database of available properties. Access to the MLS is typically exclusive to agents, but non-agent buyers can still explore public listings and various online platforms to achieve similar results.
Numerous real estate websites exist for posting and browsing property listings, providing valuable insights into your desired property type and location. For sellers, leveraging social media platforms can be a powerful and cost-effective way to promote your property to a wide audience.
Focus on the Positive
When it comes to selling a property in Port-Elizabeth, an agent will always highlight the useful attributes of a home.
Addressing any less-than-desirable aspects of a property, the agent may strategically reframe them as unique bonuses. For instance, a historical home in need of structural work could be positioned as a stylish fixer-upper opportunity. The presentation and framing of the property play a crucial role in generating interest among potential buyers.
Keep Everything Professional
Out of all of the help that an agent provides to their clients, possibly the single biggest helpful factor they contribute is a professional negotiation presentation.
The average home buyer or seller can easily let their feelings get sucked into negotiations and get themselves into a bad position. It’s imperative that everyone keeps a cool head during negotiations and do not let things devolve into an unproductive, spiteful back and forth.
If you find yourself in an undesirable negotiation situation, use one of the professional agent hacks and be willing to walk away and rally your efforts toward another deal with a clear head.
Find a Motivated Seller
One valuable strategy for real estate agents is proactively seeking out motivated sellers who would be eager to accept your offer.
An effective approach is to acquire a delinquent tax list from your county to identify property owners facing financial challenges. This technique, often employed by real estate agents working with investors, can yield fruitful results.
Upon identifying a promising property, reaching out to the owner could lead to a mutually beneficial transaction where they view your offer as a welcomed solution.
It is crucial to approach the situation with empathy and understanding, ensuring a positive outcome for both parties involved.
Professional Agent Hacks to Help Buyers and Sellers
Sometimes, finding the right house is just a matter of employing the right tricks. For the best agent hacks in Port-Elizabeth, contact us today at 0823283345!
