Selling a house can be a complex process. The right real estate agent will provide expert guidance and support every step of the way.
A real estate agent will complete a comparative market analysis (CMA) to help you determine the best listing price for your home. They will also know how to promote your home to reach the widest audience possible.
Real Estate Agent
A real estate agent is on your side throughout the home-selling process. They can help with various tasks, from analyzing comparable homes to preparing a comparative market analysis (CMA).
A good listing agent will make presale prep suggestions to prepare your house for sale, such as fixing problems that may pop up on a home inspection or staging your space. They can advertise your home online through the MLS and hold open houses to attract potential buyers.
For home buyers, a real estate agent can use their local knowledge to find homes that meet your needs and budget. They can also assist with the mortgage process, recommending reputable lenders and guiding you through pre-approval. During the closing process, they will double-check paperwork and communicate with everyone involved to keep the process on track.
Closing Attorney
A closing attorney helps ensure that all critical legal details in a real estate sale are handled correctly. This includes reviewing and preparing closing documents such as the purchase agreement, deeds and mortgage documents, and affidavits. They also verify that all parties involved in the transaction comply with New York state laws and regulations.
Closing attorneys also review property titles and create an opinion heading for the buyer and lender that states whether the seller has clear ownership of the property. They then record the deed and deed of trust, transferring ownership from the seller to the buyer.
It’s worth hiring a world-class team of professionals to help you sell your home for top dollar. Contact your agent for recommendations of area professionals who can support you.
Home Inspector
A home inspector examines the condition of a house and delivers a written report to prospective buyers. A good one can spot many problems, from serious safety hazards to simple leaks.
A real estate agent or home seller from Troy, MI, may offer you a list of inspectors. However, this presents a conflict of interest since the agent’s incentive is to close the sale as quickly as possible. If the home inspection uncovers serious problems, such as unpermitted work or a major electrical problem, it could scuttle the deal.
Find an inspector who belongs to a professional organization and has professional certifications. Look for someone with experience and insurance in case something goes wrong. You can also ask friends for referrals.
Insurance Agent
Insurance is essential in selling a home, but many sellers need help understanding the process. Unless you cancel your policy during the transaction, you must keep it in place until closing. Otherwise, if a claim occurs and it’s not covered, it could delay or even derail the sale.
Insurance agents who understand the selling process can help make it go more smoothly. They can explain a purchase agreement’s various terms and conditions and how they may impact your costs.
They can also identify any issues a buyer might face, such as the presence of polybutylene plumbing that some insurers no longer cover or other conditions that could pose a problem in getting a new policy.
Mortgage Broker
A mortgage broker is a financial expert who facilitates the purchase of property by arranging loans on behalf of the borrower. They can be employed by a mortgage brokerage firm or as independent agents. They have a license to offer their services and get paid only when they successfully close a deal.
They evaluate borrowers’ loan-approval capacity by accessing their credit score details, assets owned, and yearly income. They also assist with the preparation of mortgage applications.
A good mortgage broker has various loan options from multiple lenders and can match your needs and goals with suitable loan products. They should also be transparent about their fees and interests and answer your questions.
