Homes For Sale In Southern Indiana
The Basics of Real Estate in southern indiana
Communication:
I have found that the most effective and accurate method of communication for me is via email. I love keeping in touch with my clients and keeping everyone informed. In order to accomplish this I spend hours checking emails daily. It is my goal to respond to urgent emails within 24 hours and within 2-3 days for non-urgent matters. You can always call my cell phone if you have an issue that you don’t feel secure writing via email (i.e.: confidential information)or is time sensitive. I have found that in the world of real estate email is very helpful in keep records organized, information sharing between clients and other agents, and for accuracy. Personally I still love the personal touch of speaking to a real person when I make a phone call. By using email to communicate task-based info I have found that it frees me up have time to answer my phone more often and not have to use voice messaging as much. If you have an issue that requires you to call, please feel free and as I said before, I will make every effort to answer or at least call you back within a short time. Please understand that I make and receive over 100 phone calls daily. In effort to provide you with a service that is both knowledgable and personable I specialize in homes for sale in southern indiana.
Banks:
I am very familiar with the banks process of pre-qualifying, loans, and debit counseling to repair credit scores. I do not work for any bank but I do have a great working relationship with many local loans agents/brokers, I am happy to give you a personal referral based on your need and what experience has taught me to be the best pakage for the price. Once you have made a connection with a bank or broker and begin the loan process, I suggest you keep in contact with them on a weekly basis to ensure that you feel informed. Many times clients are frustrated with the lack of communication on the part of the bank. Be certain during you initial loan interview to you discuss who, how, and when information will be communicated with you. I would appreciate you sharing any information you are given with me as well. On occasion I will receive a phone call or email from the bank related to appraisals and closing but much of the information that is transpired between you and the banks is and should be keep confidential. Please trust that I will always keep any information related to your finances private.
Home Info:
Please gather and organize any valuable information you have relative to the selling of your home. Any warranties on appliances that are staying with the home, repair work that has been done, warranties that accompany any repair work, receipts of newly purchased permanent home fixtures, etc. It is best to keep all of this information in a single folder and easily accessible. Potential buyers may need to review this information, especially as they near making a purchase offer. If possible I would even recommend making copies. You never know how many offers may come in at on time!
If we have decided to place a flyer box in front of your home, please let me know when you are beginning to running low so that I can get more to you before the run out. Shoot me an email and I will do my best to get it done quickly. I am willing to email flyers to you as well for you to print if you choose!
Signs/ Advertising:
Mother nature and lawn mowers are hard on my signs! If you notice that a sign as blown away or disappeared (this happens more than you can believe) please send me an email I will replace it as soon as possible. We want to ensure that passers by will notice your home for sale and tell their friends and family. Your home will be well advertised on the Internet, MLS system, homes books and the newspaper just to name a few. Depending on how potential buyers receive this information they may have been given the homes address and directions. I have or can gain access to physical property and /or information for all the homes for sale in southern Indiana if listed through an agency.
Scheduled Showings:
Showings are the best way for buyers to visualize themselves owning the home. Typically I try to give sellers 24 hours notice of booking a showing out of courtesy. Although, if the buyers are from out of town or for special circumstances I will make every effort to set a time and date that works for everyone. On my website there are tips for selling your home and how to prepare for open houses and showings. You can find this on www.SouthernIndianaHomesLLC.com as well as multiple other great web sites so feel free to read up!
Open House:
I will, on occasion hold an open house. Of the homes for sale in southern Indiana a very small percentage of homes are sold from an open house. As small as 1-2%, depending on the area, agent, house etc.
Holding an open house is certainly not our first (or second) method of getting your house sold, but it can fit into the mix. Particularly if:
Holding an open house is certainly not our first (or second) method of getting your house sold, but it can fit into the mix. Particularly if:
1. "Your house is in an excellent location to create traffic into the open house. More traffic, more likely somebody will like your house and want to buy it."
2. "Your house shines and will be priced very competitively so by doing an open house we will be able to show that value to buyers"
2. "Your house shines and will be priced very competitively so by doing an open house we will be able to show that value to buyers"
can discuss the opportunity further.
How Realtors get paid:
In all Real Estate transactions that have a professionally licesnse realtor, there is a listing Real Estate Company and a selling Real Estate Company. All commission money at closing of a Real Estate transaction is paid to the listing Real Estate Company and disbursed by the Listing Company Broker. The amount or percentage of commission for the sale of the property is set by the listing broker (with the approval of the home owner or seller) and published in the MLS along with the listing. The commission split between the selling broker and listing broker is also determined by the listing broker but generally the listing broker keeps 50% of the commission and pays the selling broker 50% of the commission.
After the commission money is received by the Listing and Selling Brokers, they in turn pay the real estate agents involved in the transaction. The amount that the agent receives is determined by the employment contract the agent has with the Real Estate Company. Real Estate Agents are independent contractors and receive no other financial benefit other than the sales commission. The agents payment may vary from 40% share of what the broker received (20% of the total commission) to 80% of what the broker received (40% of the total commission). The agents commission generally pays for the expenses, including advertising, cell phone, gas, and office expense of as much or more than $2,000 a month depending on what services the agent provided. Then taxes are paid to Uncle Sam.
After the commission money is received by the Listing and Selling Brokers, they in turn pay the real estate agents involved in the transaction. The amount that the agent receives is determined by the employment contract the agent has with the Real Estate Company. Real Estate Agents are independent contractors and receive no other financial benefit other than the sales commission. The agents payment may vary from 40% share of what the broker received (20% of the total commission) to 80% of what the broker received (40% of the total commission). The agents commission generally pays for the expenses, including advertising, cell phone, gas, and office expense of as much or more than $2,000 a month depending on what services the agent provided. Then taxes are paid to Uncle Sam.
In the end if I don’t sell you a home or sell your home, I don’t get paid. Out of respect for our profession here are a few rules of participation that will help keep the peace. If you are interviewing agents, let each agent know you are in the interview stage. Never interview two different agents from the same company. Trust me, don't do it.Do not call the listing agent if you are working with a buying agent . Listing agents work for the seller, not the buyer. If you hire the listing agent to represent you, that agent will now be working under dual agency. If listing agents show you the property, the listing agent will expect to represent you. Listing agents do not want to do the buying agent's job. Let your buyer's agent do his job. If I am your agent and you are the buyer, call me to get information about a listing and book appointments. This will prevent a dispute between realtors.
Questions and Notes : Selling your home in Southern Indiana