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Real Estate Q&A: Do I need to use a real estate agent? - Duration: 7:11.
(light music)
- Hey everyone, it's Shelley Killinger
from The Shelley Killinger Group at Re/Max CSI.
Not too long ago we polled all of you on social media,
what are your burning real estate questions?
I know that the process of buying or selling real estate
can be frustrating and confusing,
and sometimes downright scary.
One of our goals here at The Shelley Killinger Group
is to provide consumers with high quality information
so that you can make informed real estate decisions.
Today, we're answering your questions.
Question number one, Susan from Facebook asks,
I have a friend who wants to move to a certain neighborhood,
but there are no homes for sale there,
what should she do?
Susan, thank you so much for your question.
Honestly, it's a common theme that we're hearing
a lot these days, there are so few homes to choose from,
which makes it really tough for buyers out there looking
for a new place to live.
We have some creative ways that we use
to try to navigate the inventory shortage
that we're currently in.
The first thing your friend should know is
that she needs to be aggressive with the homes
that are currently on the MLS.
Make sure that she's the first one through the door
to take a look at it.
Make sure that she's set up on an MLS saved search,
so that she knows right away when new homes
become available.
It's really important because things
are flying off the market so quickly,
that she knows right away when things pop up
and that she is absolutely aggressive
in touring and making an offer on a property
if she ends up liking it.
In our team, we try to find inventory
that's not on the market for our customers.
We approach sellers who have tried
and failed to sell in the past,
to see if they would actually reconsider selling their home.
As we're in neighborhoods listing and selling
we'll ask the neighbors if they would consider selling
and we'll keep them on our might sell soon list
that we could potentially present to our buyers.
We also have gone a little bit more outside of the box
by identifying neighborhoods that maybe
our customers would like to live in.
And, sending a flyer out about them to the neighborhood.
And that flyer could go something like this,
meet Mark and Shelley, they're pre-qualified buyers
who absolutely are in love with your neighborhood,
have you ever had any thoughts of selling?
This could open up the possibility of touring homes
that aren't even on the MLS.
That might result in a home that the buyer would like.
So, to answer your question Susan,
your friend really needs to lean on a realtor
and this is not some sort of shameless plug
for realtors, but the market is just simply moving
too fast, to be able to do it on your own.
Question number two, comes from Diane via Facebook,
she asks why should a buyer choose an agent?
What is the benefit of using a buyer's agent
and can't they just call the agent who pops up on Zillow?
This is a great question, and thank you Diane
so much for asking this.
We'll need to break it down
into a couple different sections.
The first part, why should a buyer choose an agent?
And what is the benefit of using a buyer's agent?
I approach this question the same way I would approach
someone looking to find a surgeon,
or make a big legal decision,
or find the best way to invest their retirement funds,
you wouldn't dream of trying to perform surgery
on yourself, or go without an attorney when you're dealing
with legal issues, so why go it alone
when making the biggest purchase of your life?
Having a buyer's agent costs you nothing in commission.
Absolutely nothing.
So you have a professional realtor
who buys and sells homes for a living,
and deals with complicated transactions everyday,
essentially working for you for free.
This agent is going to get to know your interest,
they're going to have your best interest at heart
from the very first consultation all the way
to the closing table.
If they're a good agent,
they'll be a lifelong real estate resource for you,
even after you close.
Why not take advantage of that?
As for the second part, why not just call the agent
who pops up on Zillow?
Honestly, you can call the agent that pops up on Zillow
if you don't know of any other realtors in the area,
why not?
You gotta start somewhere right?
But, my recommendation would be to interview several agents,
you're hiring a professional to represent you
in the single largest financial transaction of your life.
It's not something that you wanna take lightly,
so interview several agents,
take into consideration the referrals of friends
and family who have had a good experience with an agent.
It's important to choose someone who has experience,
a solid sales history, and also someone
who you just plain get along with.
You're going to be spending a lot of time
with them after all.
Thank you so much for that question.
Question number three, comes from Janet Anderson
on Facebook, she asks, how do you go about finding
a realtor when you are moving out of state?
This is an awesome question.
I can only speak from our experience here
at The Shelley Killinger Group,
but we are members of a coaching organization
which consists of the top 1%
of agents from around the globe.
There are over 5,000 agents in this network
who are committed to learning, and sharing,
the most cutting edge technology, techniques,
expertise, and really truly serving
their customers at the highest level possible.
When we have a customer who's selling in Idaho
or moving to California, we have folks in those areas
who we feel confident referring our customers to.
That is an awesome question.
Our final question of the day comes from Jessica Dunn,
she says, I have a friend who is trying to sell a house
on her own, what should I tell her is the benefit
of using a realtor, and do you handle all of the paperwork?
First of all, Jessica, you are an awesome friend
for recognizing the value of using a realtor,
and suggesting that your friend to so.
Friends don't let friends sell
their homes without a realtor.
To answer this question, I would say that there
is so much more than just paperwork involved
in a transaction.
The paperwork is actually the easy part, believe it or not.
The biggest task when you're selling a home,
is knowing how to properly prepare your home
and market it for sale.
A lot of people think it's just as simple
as snapping a few photos, and posting them on Facebook.
There are tried and true tactics that we use
to stage your home and to prepare it so that it appeals
to the widest spectrum of buyers possible.
In addition, our real estate company
is essentially a mini marketing agency.
We have a professional photographer, in house designer,
social media experts who are going to showcase
and market your home to the most amount of people
in the absolute best way possible.
Then, let's get to the paperwork, and the managing showings,
and the dye test, and the repairs, and not to mention
just having a confidant who you know is standing beside
you through this whole thing.
It's worth it to have a real estate professional guiding
you through all of that.
I would highly recommend that your friend choose
a knowledgeable agent,
who can represent their best interests
throughout the entire process.
Those were great questions for today guys.
Thank you so much for submitting your questions
and watching along with us today.
Please do subscribe to our challenge
so that you don't miss out on any
of our weekly real estate videos or our market updates.
Thank you so much for watching guys,
see ya next time.
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