Sellers tend to overprice and spend a tremendous amount of effort trying to defend their price, even if the market doesn't support it.
Pricing a home correctly is a partnership between sellers and their agent, not a battle of wills.
When it comes down to it, the most important advice a real estate agent can give sellers is how to price their home. No matter how beautiful or well-maintained a property may be, how many upgrades it has or how well it shows, if a home is not properly priced, it’s going to be a tough sell.
The battle for agents most often lies with aligning what sellers’ think their home is worth with its true market value.
These disparate realities can be difficult to merge
Are the terms “real estate agent” and “Realtor” interchangeable? Those inside the industry know that they’re not, but they also know that it seems to be a bit of an industry secret — many consumers aren’t sure at all what the difference is between a real estate agent and a Realtor, or whether there even is one.
Here’s a guide to help explain how this real estate agent vs. Realtor thing works.
What is the difference between a real estate agent and a Realtor?
The titles “real estate agent” and “Realtor” are often used interchangeably.
Why do people use the terms interchangeably if they mean different things?
Because using the term “real estate agent” can be a bit clunky and wordy, those who may not be familiar with
My current listing is finally under contract, after 25 days on the market. The address is 2244 Arthon Dr., located in the Anthem Highlands neighborhood of Henderson. It has a fabulous backyard with gorgeous views. The interior is an open concept floor plan with a gourmet kitchen. It features 3 bedrooms and a den/office. A lovely courtyard on the side of the house can be accessed from the dining room, where you can relax and enjoy the peace and quiet of the surrounding area. The sellers loved the house and were upset to leave but their work required them to have to relocate. The future buyers didn’t hesitate to put in an offer the minute they walked through the door, just like the sellers did last year when I represented them for the purchase!
Agents across the US are getting calls from would-be clients who realize buying is suddenly getting cheaper
Like an avalanche growing larger as it tumbles down a mountain, real estate agents are seeing swelling demand from buyers as mortgage interest ratesplummet and — contrary to what some observers previously expected — home buying actually gets cheaper.
The latest news of falling mortgage rates came Thursday, when a new survey from Freddie Mac revealed that the average for a 30-year fix-rate mortgage had dropped from 4.28 percent to 4.06 percent — the biggest single-week decline since 2008. The rate drops are tied to the Federal Reserve’s belief that the economy is poised to slow down, according to an economist from Freddie Mac.
We know how important we are to the transaction — it's time everyone else knows too
A vast majority of today’s consumers believe that selling real estate is an easy business. Many believe sites like Zillow provide all the information they need to locate the right house and close the transaction. Sadly, both groups are seriously mistaken.
There are three primary reasons consumers hold these beliefs:
The reality TV shows have glamorized the business of showing properties and writing offers without showing the behind-the-scenes work it takes to close a transaction.
Many of the technology companies promote the belief that an algorithm is the only thing needed to help a consumer locate and then
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