The Importance of Real Estate Agents

Experience
You don’t need to know everything about buying and selling real estate if you hire a real estate professional who does. We’re all looking for more precious time in our lives, and hiring a real estate agent gives us that time.

Agents Are Screeners
They filter through the lookers and bring you the serious buyers who are ready, willing and able.

Market Condition Information
Real estate agents can inform you and sometimes predict market conditions, which will help you make better decisions during the selling or buying process.

Negotiation Skills
Unlike most buyers and sellers, good real estate agents can remove themselves from the emotional aspects of the transaction.

What is My Home Worth?
Agents control many things in a transaction, pricing is NOT one of them. What they are in control of is their marketing plan. Another part of their job description is to provide you with a marketing plan that creates demand for your home.

Keep the Transaction Together
Sometimes getting a contract on a home is the easy part. Keeping the deal together is the hard part. Most problems that occur happen later in the transaction, sometime between the initial sales agreement and closing. A real estate agent is the best person to objectively help you resolve these issues and move the transaction to closing.

These are just a few things to consider when hiring a real estate professional.
It’s no wonder less than 15% of all home sellers even try to take on the task of selling their own home. The majority of home sellers take on the task with an ally: a real estate agent.

Time to "Move Up"?

Whether your family is growing, you’re earning more money than you were five years ago, or you just want a larger house, you might be considering selling your house and "moving up." There are many things you should do as you consider whether the time to move up is now, including the following key points:

• Make Sure You Feel Good About Your New Home
• Ask a Real Estate Professional for a Market Analysis
• Get Pre-approved for a Loan
• Be Specific About Your Needs and Decide With Logic, Not Just Emotion
• Consider the Neighborhood, as Well as the Individual House

Did you know...

The year-to-date figures for number of houses sold in the City of Rochester increased 106.7%.

*Statistic derived from GRAR-GENRIS.

The Importance of a Compartive Market Analysis

A Comparative Market Analysis, or CMA, is a valuable service for home sellers but can also be beneficial to home buyers. It is an evaluation of a home’s value based on available local market data including:

• How much homes similar to yours have sold for recently
• Pending sales that are similar to yours
• How long these homes were on the market before they sold
• How fast you can expect to sell your home
• What your "competition" would be should you decide to put your home on the market right away
• A recommended asking price

Reasons to Know Your Home’s Market Value

Your home’s market value is an important factor in a long list of financial decisions. Many of these decisions include:

• Selling your home
• Refinancing your mortgage
• Borrowing against your equity
• Estimating your annual property tax bill
• Buying homeowner’s insurance
• Calculating the expected return on remodeling costs
• Managing your other investments
• Estate planning

Figuring out how much your home is worth by remembering how much you paid for it months or years ago is not relevant to the home’s current market value. The best person qualified to prepare your CMA is a licensed real estate agent in your area.

The market data provided in different CMA's should not vary by much since all real estate agents have access to the same market information. The suggested price on your CMA should not be the determining factor when choosing which agent will sell your home for more money. What will make a difference is the agent’s marketing plan for your home.

Keep in mind these questions when selecting a real estate agent

• What are they willing to do for you?
• Will they use every possible marketing tool available to generate the most qualified buyers possible?

Our Winning Formula
The best marketing plan available
+

The most qualified buyers who
create more purchase offers
=
More money, fewer problems,
and a quicker sale!

If you’re thinking of selling your home, let Nothnagle Realtors get you noticed! Call any Nothnagle agent direct or call 899-MOVE today!

Why Live in Rochester?

According to 2006 Money Magazine reports, the average commute is 16.9 minutes - 3.9 minutes less than the national average!