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April 25, 2008 01:29 PM

 

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Do I Need A Real Estate Professional to Help Me Buy a Home?

Buying and selling a home is the largest financial transaction most people make during their life. If you are considering selling your home answer the following 25 questions. Your answers to these questions will help you determine if you require the services of a real estate professional to help you prepare and sell your home.

  1. Do you have the time, energy and contacts to handle all the aspects of selling your home?
    Yes     No
  2. If you do it yourself, do you think the results would be as good or better than if you use a " competent" real estate professional to assist you with your home purchase?
    Yes     No
  3. Can your personal time be spent better doing other activates, rather than marketing and showing your home?
    Yes     No
  4. Are you comfortable dealing with contracts and legal issues?
    Yes     No
  5. Do you have "free" access to legal real estate advice and real estate contracts?
    Yes     No
  6. Question: Do you have access to the "true" price your neighboring homes sold for excluding, buyer closing costs, mortgage discount points, buyer incentives etc.
    Yes     No
  7. Do you know how to price your home?
    Yes     No
  8. Do you know how to stage your home?
    Yes     No
  9. Are you available on short notice to show your home?
    Yes     No
  10. Do you have the ability to pre-qualify a buyer before showing your home?
    Yes     No
  11. Are you comfortable showing strangers through your home? Are they a security risk?
    Yes     No
  12. Do you have the time, budget, resources and expertise to market your home for sale?
    Yes     No
  13. Do you know how to effectively market and advertise your home?
    Yes     No
  14. Do you know what must be disclosed to a home buyer and what does not need to be disclosed?
    Yes     No
  15. Do you know what constitutes a legally binding real estate contract?
    Yes     No
  16. Do you know how to handle a purchase offer?
    Yes     No
  17. Do you know how to handle a request for closing costs or mortgage discount points?
    Yes     No
  18. Do you know how to handle the situation if a buyer has a home to sell before they can close on your home?
    Yes     No
  19. Do you know what appliances and fixtures are included in the sale of real estate?
    Yes     No
  20. Question: Do you know how to handle a buyer's appraisal that is below your asking price?
    Yes     No
  21. Do you know how to ensure your home is inspected by only a reputable competent home inspector?
    Yes     No
  22.  Do you know how to handle repair and home inspection requests and repairs?
    Yes     No
  23. Do you know what you are or are not required to repair or replace?
    Yes     No
  24. Do you know how to follow up on the buyer's financing to ensure that they will be approved?
    Yes     No
  25. Are you aware of the legal and financial liability that can come with selling a home if you make a mistake.
    Yes     No

Add the number of "yes" answers. If you answered "yes" to:

  • 25 questions - Give us a call we need your help.
  • 23 to 24 questions - If you do not use the services of a real estate professionals to help sell your home, be sure you have a contingency plan and help for the questions you answered no.
  • 21 to 22 questions - You should consider using a real estate professionals to help you sell your home.
  • Under 21 - No question, use the services of a real estate professional to help you sell your home.

 

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