What to know before signing a listing agreement | Price | Duration | Staging
I’m not a real estate agent, but I know a good one when I see them. I just had a customer call me who was looking to refinance their home while it was already on the market for nine months.
As this market started to change and soften for them, they decided to improve the home and stay where they’re at. Unfortunately, they can’t do it until the listing expires, and they may run into problems because of that. If you’re considering listing your home for sale, here are a few helpful tips for you:
What to know before signing a listing agreement
1. Consider the price.
You want to ask your agent about their commission and also what the splits are and why.
2. The duration of the listing agreement.
Some agents will withdraw a listing with a one-day notice to appease their customers, but there are other agents who will want to keep the home listed until the agreement runs out. Make sure you know what their marketing costs are up front like closing costs and how long they plan to have your home listed.
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Staged homes typically have additional costs associated with them.
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3. Staging.
Staging can really help your home sell, but you should know that homes that are staged typically have costs associated with them and can end up being on the market longer than normal.
As this market starts to slow, you want to make sure that you know what you’re getting into before you sign a listing agreement. If you have any questions for me or if you’re considering selling your home, I’d be happy to answer them and connect you with some awesome agents in the area. I look forward to hearing from you soon.
