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All suggestions and ideas in this web page
are based on the experience of J. Byron Wyndham & Associates in
the practice of Georgia Law. Please note that real estate is
unique to each state and country. Many ideas herein may be based
on common ideas within the English concept of Common Law.
>
Listing your home with a realtor
>
Choosing the right agent
>
Important Questions to Ask
>
Communicating with your agent
>
Negotiating your contract
> For
sale by owner
>
Termite letter
>
Loan payoff
Listing your home with a realtor
Choosing the right agent
Select a professional real estate agent. Do not be hesitant
to interview the agent, or several agents. Remember that word of
mouth recommendations of agents are the best source. Feel free to
ask about the agent’s experience in the industry. They are selling
themselves and should welcome your questions.
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Important questions to ask
- How many houses do you currently have listed?
- How many houses have you had listed in the past year?
- How many (percentage) of your listings have traditionally sold (or
how many within the last year)?
- How long (#of days) is one of your listings, on average, on the
market before it sells?
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Communicating with your agent
A real estate agent does more than just list your home in the
computer. An agent is a resource from which you are able to
accumulate information. Ask your agent for suggestions about how to
sell your house. What makes a house attractive to buyers? What can I
do to increase "curb appeal"?
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Negotiating your contract
Your agent is experienced in this business. Have your agent
negotiate, knowing your needs and priorities. Let the agent
determine how to approach the other party, but knowing the amount of
the proceeds you need from the sale. (If you feel it is necessary,
have an attorney review the contact.)
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For sale by owner
You need to contact an attorney prior to finding a buyer. You need
to determine what you need, and how to get there--with the
attorney’s advice and a properly drawn contract.
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With an agent or on your own: you will
need
Termite letter
Every seller has to provide an acceptable Wood Infestation
Report at closing. Order this within 30 days of closing.
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Loan payoff
Provide the closing attorney with loan account number, name and
phone number of your lender that currently has a loan on the
property.
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