Selling Your Home:
1) Is your Salesperson/Broker a Realtor? Realtors subscribe to a strict Code of Ethics through the National Association of Realtors (NAR). NAR members belong to a local Association of Realtors, which can expand their area expertise and communications with other Realtors.
2) How is your Agent going to market your home? Will they use a Multiple Listing Service (MLS)? The Multiple Listing Service of Northern Illinois (MLSNI) is the largest listing service in the world. As of 2006 it has 50,000 agents operating out of 8,700 offices. MLSNI has approximately 70,000 active listings on the database and over 3 million tax records.
3) How will you determine what price to ask for your home? Through a very thorough Comparative Market Analysis (CMA) of area statistics of properties bought and sold as well as current homes for sale in your area.
4) Will your agent advertise in a local newspaper? Ask how often they will put it in the newspaper, what size the ads will be, and what will be said in the ad. What is the circulation of the publications? Which areas do these publications hit?
5) Are they willing to have an Open House? To sell a home at an Open House is very rare, but it's better than not trying at all.
6) Ask your agent for advice on how to prepare your home for sale. This will vary from home to home. It can be something as simple as light cleaning, painting, or even just rearranging furniture. Sometimes a small remodeling job may add more home equity in your pocket.
Make your dreams a reality!