There’s new age of real estate coming, which I think is an attempt at a monopoly. How it plays out remains to be seen. What if your choice becomes more and more limited? I wouldn’t like it.

When a real estate company offers you an ‘exclusive listing’, the first thing you should think about is THE MARKET. Say that with the technical echo. If tight boundaries are put around your home for sale, then you could be missing out on the boost you get from the open market competition! If a company only wants your opportunity to go to their ‘group’, you’re missing out. In the areas where homes are hot commodities with a lot of pent-up buyer energy, seller, you want multiple offers to roll in. That’s how you make the greatest dollar amount for your home. If your home is listed with an ‘exclusive’ boundary, you’re likely going to miss out on that market boost.

By the way, your list price can very well be overshot by a motivated buyer. You can garner well ABOVE your list price in a competitive situation! Many people in my market are offering above list price and bringing the extra in cash to closing, just to get your house.

The market: Listen, this just means your home is worth whatever someone is willing to pay. When you get a market analysis…listen up…that is HISTORY. It is not today. The market analysis is just a starting point and it has many facets: Time of year, location, age of home, which subdivision, which PART of the subdivision, how many rentals surround you? Rentals. Your value just went DOWN if your community is full of rentals. The investors won’t tell you that, but it is absolutely true. Many rentals = transient community. You will never know whom your neighbors are. That’s important. One more thing: the MARKET changes by.the.minute.

Take the time to sit down with an experienced agent who knows. Bring your questions, have coffee and engage. You don’t have to sign anything, you don’t PAY anything. Yes I said sit down with an agent. You are about to fork over a LOT of money. This transaction should NOT be done with your head bent down over a phone. Talk. Ask. Learn. You can find out if the agent is there to get your money, or is there to serve you. You ought to be able to tell the difference and if you can’t, good luck. If you hire an agent who only wants your money, you get what you deserve. A good agent should have YOUR best interest in mind. By the way, you should actually listen to her and not try to take the reins. Good agents tell you the truth that will benefit YOU. Many people lose out on several homes before they learn to listen to the agent. Good ones know. We just do.

Let’s talk. I’m Brenda with Premier Advantage Realty. 919-210-6113. Let’s talk. Coffee’s on me.