List and Sell Your Home

in Home

If you are selling your home and are seeking any type of help to get you started, this is the place where you can get a dilettante's guide to listing homes and selling them. The much tried and successful way to extract the best deal is to go for listing with an agent of real estate or a realtor.

Listing your home means that as a seller, you come into an agreement with an experienced realtor who assists you to put your home up for sale in such a way that it is brought into the notice of various buyers in the market. If you are particularly looking to sell your home in areas such as Beverly Hills, Bel-air or the neighboring West Hollywood and Los Angeles, hiring a realtor would be an expedient decision.

Listing the home has many advantages over doing it independently. First and foremost, you as new to the whole realm of real estate would take a very long time to figure out the way this field functions. Listing with an agent saves you the unyielding labor and time that you would invest if working alone. Selling your home in areas such as Los Angeles, Bel-air and Beverly Hills is no cakewalk. To find the right buyer, you need to have a lot of options at your disposal and thus need to build contacts with potential buyers.

A real estate has a ready list of the buyers who would interested in your home and acts as your representative to them. Another complicated task that a realtor can very efficiently handle for you is surveying the market. Every market has its own characteristics and only a person who has been around can be expected to be familiar with the typical shifts of that market. Same is the equation of a real estate market and an agent. So when listing with an agent is saving you so much time and consequently, money, why take the pains to struggle alone?

The agreement with the realtor involves paying him/her a nominal commission. The agreement is totally transparent making dealing with the agent a fraud-proof affair. Now, there are three major types of agreements with an agent. The open listing type of agreement lets the seller sell the home by himself/herself. In such type the owner may engage in listings with more than one agent and only pay commission to the agent who brings a buyer. Here majority of work is in the hands of the seller as the realtor only represents the buyer. This has a drawback of being almost like working independently.

An exclusive agency listing differs from the above as here the agent represents the seller, and not buyers in the transactions. However, the seller here retains the right to the home and the right to pay the commission to the realtor working for him or her.

The most commonly and profitable type of listing is the exclusive right to sell the listing. This listing with the agent gives him/her the exclusive right to earn the commission and represent the seller. The realtor has the responsibility of getting hold of a buyer either directly or through another brokerage. The seller here pays both the listing and selling fees.

Apart from these there are other attributes of the listing agreement and an experienced agent would dutifully point them out on your request. All in all when selling your home listing the home becomes an indispensable option.

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Luis Pezzini has 1 articles online

Luis Pezzini
List and sell your home.

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This article was published on 2010/04/02