Home Selling in 45429>Question Details

Saroja, Home Seller in 5743 Stonelake dr, D...

how do I find a good fast selling realtor?

Asked by Saroja, 5743 Stonelake dr, Dayton, ohio Tue Jun 5, 2007

I have been hiring realor, they are not selling our property quick. Other option we have is rent the property and I am looking for good realtor who finds good tenent for us and we would like to pay up to 8% of the rent.

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12
Interview Realtors and look at the comparitive stats now. Bear in mind--it is VERY hard to sell properties now.
2 votes Thank Flag Link Thu Mar 27, 2008
Keith has great points. 3 reason for not selling; Price (takes into account the location), Condition, Marketing. Look at each, one is the problem. How is the Dayton Market doing? Ask your Realtor what the average days on the market (DOM) is for your class property in the area. Good luck!
1 vote Thank Flag Link Wed Jun 6, 2007
Saroja, I do not know what you mean by a "quick" sale but if your house gets no offers in a few weeks, I would wonder about the price. I would get a formal appraisal (not somebody's opinion of how much the house should sell for) and an inspection. This information should tell you where you stand in regard to price and the impression your house makes on potential buyers. Whether you attempt to sell or rent, I would also try to assess the impression that your house makes on potential buyers or renters by having them fill out a questionnaire. We all have a tendency to appreciate our house more than others and have "blind spots" when it comes to our property, its pros and cons. Good luck!
1 vote Thank Flag Link Tue Jun 5, 2007
You need a FULL time agent, preferably with a CRS designation and most importantly you need a seller who understands the local market
0 votes Thank Flag Link Tue Feb 16, 2010
You really need to be thorough and diligent when contracting with an agent. There's a trend right now where agents over-promise marketing schemes to get their sign in your yard, but don't deliver. Be sure you're going to receive what you're promised or you'll be sorry!
0 votes Thank Flag Link Tue Sep 2, 2008
You always want to make sure that you go with a company that has a high customer satisfation ratio. Ours are well documented at above 90% .
0 votes Thank Flag Link Fri Aug 8, 2008
Saroja,

Real Living's average days on market are decreasing! Check out our, and other area agency's stats at http://www.daytonohiohouse.com

Christina Asad Edwards, REALTOR
2006 & 2007 Sales Masters Top Agent
Christina.AsadEdwards@RealLiving.com
http://www.teamedwards.info
mobile or text 937-205-4741
office 937-573-0082
fax 937-433-3561
Real Living Realty - #1 in OHIO!
Realty, Mortgage, Title, Relocation
0 votes Thank Flag Link Fri Aug 8, 2008
Saroja,
The average days on the market are getting longer and longer. Typically, if a home doesn't sell it have to do with the condition or pricing. Sometimes the marketing and presentation plays a role as well. Our team sells a house every three days. Our philosopy is if it is priced right we will find the buyers. We do more internet advertising then any of our competition and the vast majority of buyers use the internet. That is one way that I feel gives certain Realtors an advantage. Then if we still can't sell the property I am a certified property manager as well and can help our clients there as well. Best of luck to you.
Web Reference: http://www.buywithjon.com
0 votes Thank Flag Link Fri Aug 8, 2008
Hi Saroja: I am a real estate in Ohio. Feel free to send over your property details to Tmsptee@aol.com and I'll see if this is a property that we might be interested in./Thanks, Tyshonna
0 votes Thank Flag Link Wed Mar 26, 2008
Excellent answers. Discuss this with Your Realtor.
0 votes Thank Flag Link Sun Jul 15, 2007
Saroja
Thank you for your inquiry. A couple of suggestions:
1. I assume that your home is listed with a Realtor. According to the National Association of Realtor Code of Ethics we are not allowed to solicit your listing. YOU as the seller can call other Realtors, however we cannot contact you.

2. There are a number of basic steps that should have been covered with you BEFORE your property was put on the market:
A. Did you and your REALTOR discuss how long similar properties of size, condition, and price, took to sell?
B. Remember that Days On Market (DOM) varies. You know how when a property does not sell, the sign comes down. Then the new Realtor’s sign goes up? Let’s say the property was on the market for 60 days. Then the second Realtor has it on the market another 60 days. That is 120 total DOM. How long has your property been on the market? If the AVERAGE DOM is 120 days, and yours has been on the market 60, you might have nothing to worry about.
C. How many homes like yours have SOLD during the time yours has been on the market? If other homes are selling, why not yours?
3. After each showing, does your Realtor tell you what they agent and/or the buyers said about the home? I ask the agents for Feedback, and meet with my seller regularly to review market changes (new homes on the market, homes sold) and feedback. If there were comments, did you respond to them? Lower the price, fix up what was broken, etc.?
4. If the property has had showings, but now offers, assuming you have positive feedback, the property is probably over-priced.
5. If the property has no showings, then it’s probably over-priced.
6. Have your agent show your three to five properties that are competing against yours. Go look at them through the eyes of a buyer.
7. Depending upon the competition, your agent should be providing you with home staging advice (de-clutter, re-personalize, clean, clean, clean)

Lastly, if the agent is not performing ask to meet with his/her broker so you can get the agent some help. The Realtor works FOR the BROKER. The broker should be able to help. If they broker is not helpful, then you may need to consider changing brokerages (in some cases called “firing your broker”). Hopefully you will not have to do that.

Regarding the rental property idea, I’ve been there, done that. I strongly urge you to discuss your plans with a CPA or tax professional BEFORE you do anything. There are income tax consequences that occur when you CONVERT residential property to INCOME property.

Good luck!
0 votes Thank Flag Link Tue Jun 5, 2007
Keith Sorem, Real Estate Pro in Glendale, CA
MVP'08
Contact
I've spoken with a handful of home buyers and sellers. they seem really value the references their friends provide to real estate professionals.
0 votes Thank Flag Link Tue Jun 5, 2007
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