Home Selling in 47220>Question Details

Rachel, Home Seller in Jackson County, WI

Hi. I've got sort of an ethical question I guess. Hubby and I are thinking we might want to sell our

Asked by Rachel, Jackson County, WI Mon Jun 9, 2008

Brownstown IN home in the future. I would like to get an idea of market value and also thoughts from a realitor on what to improve looking at future selling. But we aren't anywhere near ready to list..and in fact unless somene came up and essentially said they might want to purchase (which happened a couple of years ago actually) we're looking at probably years before we would list with a realitor. So would a realitor be put off coming to do a market analysis on a house that isn't going to list for some time? Would a realitor be able to give us an idea of what improvements would pay off in terms of future sale? I guess I am thinking a realitor probably wouldn't come knowing we likely won't list? True?

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7
Rachel,
I would say find an agent who will be willing to help you as long as you explain up front why you need their help. If you find a great agent it may save you money and lots of hard work. A great REALTOR will be able to tell you wether or not an improvement will be worth the upgrade in what you are willing to spend. Sometimes an improvement might help the appeal of a home but will not actually add a lot of value.
Check out the link below for some helpful tips. Good luck and I hope this is helpful.
0 votes Thank Flag Link Thu Jun 12, 2008
Realtors are real people, and I'm sure that there are many more like those who answered your question.
0 votes Thank Flag Link Thu Jun 12, 2008
It would not hurt to ask. I have done this often. Just be as candid with them as you have been here. Then, if you find someone who will help, make a personal commitment to use their services when you are ready.
0 votes Thank Flag Link Thu Jun 12, 2008
As a REALTOR, I always look forward to working with clients at anytime. The fact you are so upfront about your timeline is a great draw. How exciting! Good luck to both of you!
0 votes Thank Flag Link Thu Jun 12, 2008
One thing all Real Estate Agents understand is that there are no guarantees in this business. Our livelihood depends on developing and maintaining relationships. Any agent that is serious about their job would be happy to come by and give you their professional opinion on the current value of the home in hopes of possibly, one day earning your business. Just be up front with them. Don’t lead them to believe that you’re thinking of listing soon if it’s not going to be for a couple of years. Honesty is always the best policy.
0 votes Thank Flag Link Mon Jun 9, 2008
Rachel-

I am always happy when a potential client calls me for advice. That's all I ask for is that the client be very honest and upfront with me. I would suggest when contacting a local agent, be up front with them. Explain your thoughts and plans and what you are trying to accomplish before they come out. With that being said, I don't think you should have any problem getting an agent to come out and give you a market and ideas for improvements!

Good Luck!
0 votes Thank Flag Link Mon Jun 9, 2008
Rachel,

On the contrary, since the market is so challenging right now, I don't think you'd have any issue getting a realtor to establish a relationship with you. They are hoping that when you do decide to sell, that you'll call them first. The issue is, "will you get a good realtor to give you good advice?".

Remember, unless you're going to do the work yourself, nothing you can do today will payoff for more than the cost you're going to pay someone to do the work for you. Even the most desirable remodel, a kitchen, pays only 90% of the cost. If you're going to do things around the house, then put your own effort into it to get a big payback, and if you're going to pay someone else to do the work, then do it because you want to enjoy it, not because you can make money off of it.

Good luck,

Jeffrey
0 votes Thank Flag Link Mon Jun 9, 2008
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