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Step 2: Get a Realtor®
from Arizona Dream Finders
Before placing a home on the market you should
meet with one of our real estate professionals.
Why use an
Arizona Dream Finders Realtor®?
There are more than 2 million people nationwide who have licenses to sell
real estate, of which about over
1 million members belong to the National
Association of Realtors (NAR). Only NAR members are entitled to use the term
"REALTOR®."
NAR members must adhere to a strict Code of Ethics. By joining
NAR, individuals have access to a wide range of classes, seminars and certification
opportunities. Local REALTOR® groups are active in community matters,
and individual members are routinely involved in PTAs and other neighborhood
organizations.
Everyone
at Arizona Dream Finders is, in essence, a community expert.
They track real estate trends, share neighborhood concerns and participate
in local matters. They're good neighbors who are in the business of helping
others buy and sell homes.
In some cases, sellers elect to meet only with one REALTOR®
while other owners elect to meet with several. Whatever your preference, there
will be a number of questions you will want to ask, including:
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What services do you offer?
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What type of representation do you provide?
(There are various forms of representation in different states. Some brokers
represent buyers, some represent sellers, some facilitate transactions
as a neutral party, and in some cases different salespeople in a single
firm may represent different parties within a transaction.)
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What experience do you have in my immediate
area?
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How long are homes in this neighborhood
typically on the market? (Be aware that because all homes are unique,
some will sell faster than others. Several factors can impact the amount
of time a home remains on the market, including changing interest rates
and local economic trends.)
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How would you price my home? Ask about
recent home sales and comparable properties currently on the market. If
you speak with several REALTORS® and their price estimates differ,
that's OK, but be sure to ask how their price opinions were determined
and why they think your home would sell for a given value.
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How will you market my home? At listing
presentations, brokers will provide a detailed summary of how they market
homes, what marketing strategies have worked in the past and which marketing
efforts may be effective for your home.
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What is your fee? Brokerage fees are
established in the marketplace and not set by law or regulation. Typically,
brokers who list homes are compensated on a performance basis - that is,
the broker is not paid unless the home sells under the terms and conditions
that are acceptable to you.
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What happens if another REALTOR®
locates a purchaser? That is, who will that broker represent, and how
will he or she be paid?
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What disclosures should you receive?
State rules require brokers to provide extensive agency disclosure information,
usually at the first sit-down meeting with an owner or buyer.
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How long do you want to list your home?
A "listing" agreement is a contract that shows the broker's obligations
and outlines the terms under which your home is being made available for
sale. The length of the agreement is a negotiable matter.
What should you expect when
working with an Arizona Dream Finders Realtor®?
Once your home is listed with one of our experts, he or she will immediately
begin to market your home according to the most appropriate conventions for
your community.
Your REALTOR® should keep you
informed as the marketing process unfolds and as expressions of interest are
received. In time, the marketing plan may be modified to reflect buyer reactions
and changes in the marketplace.
In real estate there are written
offers and oral offers. Oral offers ("Would they take $225,000 for the home?")
are not acceptable because they generally cannot be enforced ("Gee, did I
say $225,000? I was sure I said $215,000"). Written offers created by the
REALTOR® with assistance from qualified attorneys address numerous issues,
are consistent with local requirements and provide the foundation for an actionable
offer.
Next:
Set the Price
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