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When considering
selling your home, the first thing you should do is appoint a Real Estate
Agent. Here are some tips to help you find the agent that is
right for you:
Your home is likely
to be one of your most valuable, if not most valuable assets, so
professional expertise and assistance with the sale are certainly
worthwhile. For this reason, most home sellers appoint a Real Estate
Agent.
Appointing a Real
Estate Agent should offer you the following advantages:
- Access to
market appraisal data,
- The development
and implementation of a marketing plan,
- Listing on the
Internet,
- Advice on how
to
present your home to the public,
- Access to a
large database of potential buyers,
- Screening of
potential buyers,
- Assistance when
negotiating the best price, and
- Effective
administration of all Thai legal and financial requirements
You should meet with
several Real Estate Agents before selecting the agent of choice.
You can check through
local newspapers for agents actively promoting properties in the area of
your choice, and look out for 'For Sale' signs in the area as well, and
making a note of the listing agent.
| Don't
be alarmed if agents suggest meeting at your house. This
will give them the opportunity to conduct a property
appraisal. This service should be provided for free and
does not obligate you to list your property with the
agent. |
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Meeting with Real
Estate Agents is similar to conducting job interviews. The agent wants
to work for you, and you select the best candidate for the job.
Therefore, prepare a list of questions to ask all the agents you meet.
Possible questions to
ask prospective agents include:
- How long have
you been a Real estate Agent?
- How familiar
are you with the area in which my property is located?
- How many
properties have you sold in this area recently?
- How did you
calculate the price you suggest we could sell our property for?
(Refer
determining your price).
- What marketing
plan would you envisage using for our property?
- Will you
provide regular sales progress reports?
- Do you place
importance on high ethical standards?
Other items you may
like to review include the quality of the promotional material and the
personal presentation of the Real Estate Agent. You could also ask for
Contact Us details of recent clients, and then refer to these people for
further insight into the agent's capabilities.
| Also
take the time to ask your family, friends and associates
for referrals. First hand experiences with
particular agents can prove extremely valuable when
deciding which agent to appoint. |
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Once you have decided
on the Real Estate Agent, a written agreement should be drawn up. This
will contain an estimate of the total fees, charges and expenses you can
expect to pay for a successful sale.
| Read
this agreement carefully and if you are unsure of any
aspects, seek legal advice before signing the document. |
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The
next step is to
determine the selling price.
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