Your home is a big investment. You want to get the best return possible on this investment when you sell your home. That is why you need a professional real estate agent to market your home. As your listing agent, I will work hard to make sure that your home is sold for the best possible price.
When you list your home with a real estate broker, the commission you pay the broker is shared with the agent who brings a buyer ready, willing and able to purchase you home. Both the listing agent and the buyer’s agent provide services that enable the transaction to be completed. The commission is their payment for these services. The key to getting the best possible price for your home is a professional agent who has an effective plan for marketing your home including suitable compensation to the buyer’s agent.
Search for Comparable Properties Free Home Sellers Guide (Online)--Request
You can search the MLS for homes that are comparable to yours--just set up your search based on comparable features. Search
Marketing Your Home Online
Over 75% of home buyers use the internet to search for homes. My marketing plan relies heavily on internet advertising of my client's home. Contact me for further information.
I am often asked: What price could I get for my house? This is a simple question that is not so easy to answer. Chances are the value of your home is not what you think it is, and probably not what you want it to be.
Market value is an opinion, based on analysis, about the price a house would sell for in a competitive market with well informed buyers and sellers and no unusual circumstances, such as a forced sale. On the other hand, market price is the actual sale price of a house. If all these market conditions exist we would expect market value and market price to be similar. The value of a house is determined by location, its physical features and amenities, competition from similar properties on the market, and other considerations.
Ultimately we rely on professional appraisers to provide unbiased estimates of market value. They traditionally use two valuation methods for residential real estate. In the sales comparison approach an estimate of value for a property being appraised is made by comparing it with recently sold properties with adjustments in them to account for any differences with the subject property. For example if a “comparable” property does not have a garage and the subject property does, then the sale price of the comparable is increased to reflect the addition of a garage. Using a cost approach the appraiser estimates the replacement cost of the subject property.
As a licensed real estate agent, I help a seller arrive at a listing price or a buyer determine an offering price usually without the benefit of a formal appraisal report. To do this I research and analyze similar properties that have recently been sold and prepare a comparative market analysis or CMA. This CMA is not as comprehensive or technical as that of a professional appraiser.
Real Estate Representation
Buying and selling your home is an important personal and financial event. For many of us the investment in our home is the biggest investment we will ever make. That is why it so important to have the representation of an agent that you trust. Buyers and sellers need to understand who represents them in real estate transactions. Virginia agency law requires full disclosure of any existing brokerage relationships. A real estate agent’s primary responsibility is to protect and promote the interests of his or her client.
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*Responsibilities of Listing Agents (Code of Virginia § 54.1-2131). Responsibilities of Buyer’s Agent (Code of Virginia § 54.1-2132) A brokerage relationship is a contractual relationship between client and broker in which the broker licensee has been engaged by the client to procure a seller or buyer who is ready willing and able to sell or buy real estate.