Really, it is simple.
However, because there can be so many players involved in the process, sometimes even the smoothest process can appear chaotic.
Whether buyer or seller you should have one stabilizing force throughout the turbulence (if it occurs) - your real estate agent.
A real estate agent with the right skills for the transaction likely handles much of the chaos behind the scenes.
So how do you choose the right real estate agent? You need a real estate agent who has experience in the process you are undertaking.
Very few real estate agents are experts in all types of transactions. Your real estate agent should have experience in the specific undertaking (for example, buying a foreclosure or short sale, selling as a short sale, new construction, etc).
So how does one select a real estate agent? Interview them and ask the tough questions....
- What has sold in my neighborhood (area, similar communities, street, etc)?
- What has not sold in my neighborhood (active, how long, price, withdrawn)?
- Why did these properties sell or not sell?
- How much can I get?
- When can I get it?
- How much will it cost me and what do I walk away with?
This is critical, read this: