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 Most real estate agents will tell you, "You need my services to sell your home." Is this recommendation fact or fiction?

I will help you be the judge.

Surprisingly, the answer to "do I need the services of a real estate agent?" is not always "yes."  My goal is to provide you with information so you can make a confident real estate decision...one that will help you successfully sell your home.

You've heard it all before... selling a home is one of the largest financial transactions most people make during their life. It may be cliché, but there is truth to it. Answering the following questions will help you determine if you would benefit from the services of a real estate agent.

Do you have the time, energy and contacts (attorneys, inspectors, appraisers, mortgage lenders, title companies, etc.) to handle all aspects of selling your home?

Can your time be better spent doing other activities and errands rather than being inconvenienced with marketing and showing your home?

Are you available on short notice to show your home? Are you willing to devote your evenings and weekends to showings and open houses?

Do you have the budget, resources and expertise to effectively market and advertise your home for sale?

Are you comfortable dealing with contracts and legal issues? Are you aware of the legal and financial liability that can come with selling a home if you make a mistake?

Do you have access to free legal real estate advice and all of the necessary real estate contracts, legal disclosures and other paperwork?

Do you know what must be disclosed to a homebuyer and what does not need to be disclosed?

Do you know what constitutes a legally binding real estate contract?

Do you have access to the "true" price neighboring homes sold for - excluding buyer closing costs, mortgage discount points, buyer incentives, etc.? Do you know how to use this information to price your home accurately?

Do you know the current market times in your area and how long it might take to sell your home based upon your asking price? 

Do you know how to stage your home and get it ready for showing?

Are you comfortable showing strangers through your home without knowing if they pose a safety risk to you and your family?

Are you able to remain objective and unemotional about your home?

Do you know how to handle a request for closing costs or mortgage discount points?

Do you know how to handle the situation if a buyer has a home to sell before they can close on your home?

Are you able to overcome buyer objections to obtain the highest possible price? 

Do you know how to handle a buyer's appraisal that is below your asking price?

Do you know how to ensure only a licensed home inspector inspects your home, and how to handle buyer requests for repairs?

Do you know how to pre-approve a buyer before showing your home, and how to follow up on the buyer's financing to ensure that they will be approved and close the transaction?

Do you think your results will be better than if you use a competent real estate professional to assist you with your home sale?

 If you decide that you want to use the services of a professional REALTOR®, I am here to help. You've probably seen my signs around town, but did you know that I offer a "Menu of Services" so you can choose the best marketing plan for your budget?

Together, you and I can get your home sold in the shortest amount of time, for the highest sale price and for the least amount of hassle. You can get back to your "regular" life and let me take care of all of the details.

Does this sound good? If so, give me a call.

 
This post has been included in Illinois Information
Post is included in group: RE/MAX Active Rain Bloggers

33 Comments on Let's Play 20 Questions

Sounds great Kelly!  I think I bookmark this and use it next time I talk to a FSBO  Thanks for sharing.

10/05/2007 09:06 PM by Mary Warren, Las Vegas Real Estate (Keller Williams Southern Nevada)


Way to go Kelly. You have a wonderful set of thought provoking questions. If a seller or buyer can handle the majority of the task that a transaction entails great but if not seek professional help.

10/05/2007 11:24 PM by Frank Harris (Keller Williams Realty Centre)


Kelly,

This is a great set of questions for anyone wanting to go it on their own. Thnaks for posting it.

10/05/2007 11:32 PM by Andrew Trevino Wilkes-Barre Homes For Sale (TradeMark Realtors Group)


Hi Kelly, this is an excellent post, I book-marked it for future reference.

Why didn't you post this to your IL Localism?  I think this is an excellent Localism post!!!

10/05/2007 11:38 PM by Tracey Thomas Calabasas, CA Real Estate (Keller Williams Realty)


great info, super for a new agent and even some experienced ones! great post, congrats on your feature! B-)

10/05/2007 11:47 PM by Brad Andersohn ~ Community Builder (ActiveRain)


Kelly - FSBOs have been my focus lately so it's no surprise that I love your post!

10/05/2007 11:51 PM by Devon Smith (Independent)


Kelly, awesome post.  Myself like everyone else here has bookmarked and will definitely begin to use this when i go out and deal with FSBOs.  The question you have here should really scare FSBO's from selling their home on their own.  Great job!!!

10/05/2007 11:54 PM by Freddie Castaneda San Jacinto Valley Real Estate (National Realty Group)


This really is a great list of questions.  Reading it made me want to say yeh, I can do that for you!  It's amazing how many things we do for people without even thinking about it.  I agree this is a great resource list for any FSBO out there, or even someone wanting to negotiate a commission.  Thanks for sharing.

10/05/2007 11:59 PM by Linda Sanderson (Coldwell Banker Solano Pacific)


Kelly...I'd use this in all your first impression packets.  Yes...you should have used this in localism...this is good stuff.

10/06/2007 12:10 AM by Larry Bettag - Cherry Creek Mortgage


Nice post Kelly!

Experienced guidance and advice is priceless!

10/06/2007 01:39 AM by Suburban Chicago Illinois Real Estate (Suburban Village Realty)


Kelly, I love this ! I'll print it out and make it my own. Wonderful questions, maybe I'll add it to my pre-listing package.

10/06/2007 06:35 AM by Missy Caulk Ann Arbor Realtor Ann Arbor Real Estate (Keller Williams Ann Arbor)


AWESOME MY FRIEND!  No one could have said it better!  The should be plastered on the front page of every web site and every newspaper in the country! I am giving you a BIG 5!

10/06/2007 08:23 AM by Boise Idaho Real Estate - George Tallabas (RE/MAX Advantage)


Very great post, Kelly!  Sort of says it all!  If I ever try to convert another FSBO in this lifetime, I might ask to steal it for my listing packet.

10/06/2007 08:44 AM by Patricia Kennedy (Evers & Company)


WOW, Kelly - what a great list. You know, you've achieved AR greatness, when people want to "borrow" your ideas. Can I? I also checked your web-sites and I love your personal one. it's fresh and different and great. I am definetely bookmarking this one.

10/06/2007 08:47 AM by Faina Sechzer - Princeton, Montgomery, Hopewell, NJ Real Estate Expert (Henderson-Sotheby's International Realty)


I love finding goodies to add to my packets.  Thanks for a great list and the non-threatening way its presented as a 'sure you might be able to sell your home on your own if....'  is excellent. 

10/06/2007 09:37 AM by Beth Anderson ~ Tecumseh / Lenawee County ~Realtor (Success, Realtors)


Fabulous post.  I am bookmarking this one.  Thanks so much for sharing.

10/06/2007 10:06 AM by Christi Stewart, Prudential Calif. Realty (Prudential California Realty)


Kelly,

WOW, I'm a Realtor and I wanted you to sell my home after that!!!  LOL  Great post with some excellent questions.  Keep up the great work.

RayNellum.com

10/06/2007 10:15 AM by Ray Nellum, Fort Smith Real Estate (Warnock Real Estate, LLC.)


So much valuable information in your post. They would have no choice but to hire you. I would.

10/06/2007 11:22 AM by Robert L. Brown~Grand Rapids Real Estate Flexit Realty, West Michigan (www.mrbrownsellsgr.com)


This list is great.  I will keep it with me for FSBOs and some listing presentations.  Nice list!

10/06/2007 02:31 PM by Virginia Halter Broker, ABR, CRS (RE/MAX Signature Properties)


Kelly, great list.  I've bookmarked it for future reference.  I can't believe that many people would want to sell the home themselves after hearing all these questions.  Certainly, it will get them thinking.

10/06/2007 02:35 PM by Brian Block -- Northern Virginia & D.C. Real Estate (RE/MAX Allegiance)


I love your post...Keep up the work...Love your pictures.....

10/06/2007 02:46 PM by Kelly...Love your post....


Mary: I'm glad you liked my list, thanks for stopping by!

Frank: I do think many people don't understand how much work it is. Some can handle it, some can't.

Andrew: You're very welcome.

Tracey: I posted to localism, but not Illinois specific, because it is so general and applies to all areas. I did go back and edit it to post to Illinois localism as well. Thanks!

Brad: Wow! I got featured...how exciting!

Devon: Good for you! Many this year have tried FSBO but ended up hiring agents because they need us now more than ever.

 

10/07/2007 07:18 AM by Kelly Sibilsky ~ Lake Zurich RE/MAX Real Estate Agent (RE/MAX Unlimited Northwest)


Freddie: Not trying to scare them, just trying to be realistic about what it takes!

Linda: Thank you! We do so much on automatic pilot, don't we?

Larry: Yes, I posted to localism...thank you for the reminder!

Darrel: You're very welcome, thanks for reading.

Paul: It is priceless!

Missy: Wow, a great compliment...

George: Another wonderful compliment...I'm blushing now you guys!

10/07/2007 07:23 AM by Kelly Sibilsky ~ Lake Zurich RE/MAX Real Estate Agent (RE/MAX Unlimited Northwest)


Patricia: Aw, come on, you won't have to convert them...they'll come to you!

Faina: Absolutely! I'm glad you like my website too. Real estate should be fun!

Beth: I'm glad you liked it. AR is full of goodies, don't you think?

Christi: You are so welcome. Have a great day!

Ray: You are too funny...but where do you live? I'll stop by tomorrow. :)

Robert: I'll be by right after I stop at Ray's house...

Virginia: Thanks! I'm glad it's so useful for everyone.

10/07/2007 07:28 AM by Kelly Sibilsky ~ Lake Zurich RE/MAX Real Estate Agent (RE/MAX Unlimited Northwest)


Kelly....love your post: Don't know who you are (you may have forgotton to sign in?) But thank you! Hey, everyone, I didn't comment on my own post here just so you know!

Bob & Carolin: Thank you for taking the time to read and comment, I appreciate it!

 

10/07/2007 07:30 AM by Kelly Sibilsky ~ Lake Zurich RE/MAX Real Estate Agent (RE/MAX Unlimited Northwest)


I book-marked this one - great list of questions!

10/07/2007 09:08 AM by Edite Liepina - Lawrence (ERA Tradewind Real Estate)


Nice.  Also a good way to present the information.  Bookmarked.

10/07/2007 05:11 PM by TradeMark Properties, Inc.


Edite & Brian: Thanks for the kind words and I'm happy it will be useful!

10/07/2007 09:28 PM by Kelly Sibilsky ~ Lake Zurich RE/MAX Real Estate Agent (RE/MAX Unlimited Northwest)


What a great job on the blog and attention to making it enjoyable to read. Thanks.

11/09/2007 11:14 AM by Gil Kerbashian Real Estate Loans


Kelly, this is an AWESOME post.  Thanks for taking the time to list many of the things a great Realtor does and many of the ways we can bring so much value to the transaction. 

Thanks,  also, for being an excellent blog teacher and sharing your knowledge:-)

03/17/2008 08:30 AM by Debra Kukulski-GRI;ABR;RECS;e-PRO Real Estate Expert Northern Illinois (Re/Max Unlimited Northwest)


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Real Estate Agent: Kelly Sibilsky ~ Lake Zurich RE/MAX Real Estate Agent (RE/MAX Unlimited Northwest)
Kelly Sibilsky ~ Lake Zurich RE/MAX Real Estate Agent
Lake Zurich, IL
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