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Tuesday, February 8, 2011

Why choose John Ventresca as YOUR Realtor

http://WWW.JOHNVENTRESCA.COMWhile many people prefer to sell their homes themselves, and avoid giving a Realtor® commission fees, the truth is, selling a home is a challenging thing to do, and a professional Realtor® has a lot of benefits.

For starters, certified agents have a huge network of resources at their disposal to help them sell homes. They may already have clients already looking for a home. They will definitely have access to online and other networking markets, making it easy for them to promote, even internationally, a home that goes up for sale. Frequently, agents also have a network of other agents with whom they share resources. So choosing a professional agent isn't like getting just anyone to try to sell your home. It's a specialized profession for a reason experience in the field, a Realtor® might have some extremely valuable advice that will help sell a home faster, or for more money, than a lay-person may have been able to do on their own. For example, many agents know a lot of tricks about home staging, a technique proven to frequently create higher and quicker sales.

Not only that, they can recommend people to help with any renovations or fix-ups a home may need. When a service-person gets referred by a Realtor® again and again, they are highly likely to give a good rate to those using their services as a result. Plus, the Realtor's experience with them proves that they are the best-otherwise someone whose reputation and livelihood was on the line (an agent) wouldn't be using them in the homes they are selling.

Finally, some sales just don't go smoothly. Depending on the property for sale and the people involved, clauses and loopholes can create confusion. There are a number of legal requirements that must be met in a home sale. There is also a lot of paperwork. A Realtor® knows what they are and can easily guide one through the process.

Also, remember that when a home is up for sale, lots of people might inquire about it, and even want to see it, whether they are serious about buying or not. A Realtor® can take responsibility for not only showing your home, but also weeding out the pre-qualified buyers from those that are just browsing. This can save a seller lots of time.

So while it may be painful to imagine giving a percentage of your precious equity away to a Realtor®, remember that it is an important service that is being provided. Most agents charge fair rates for the amount of time and effort they put into selling your home. And remember, an agent may be able to get you a higher sale anyway, in which case there's more in your pocket in the long run anyway. It's all about getting you the most money,  the quickest sale with the fewest problems possible!  Isn't that what we all want?

I recently listed a private for sale at 18 Ravine Road St. Catherine's Ontario.  It was listed on the market for approximately a year and a half.  I approached the seller and asked if he would cooperate with a real estate.  He said yes, what will it cost me.  I said, just 2 1/2 percent.  He said that seems fair.  I said, I have one particular buyer in mind.  And if you'll sign a short-term listing with me.  60 days to be exact.  I'll be happy to disclose my buyer, and I'm sure I'll be bringing you an offer acceptable to you, and you'll be happy to pay me 2 1/2 percent as agreed.  So I show the house to my buyer.  She was delighted, and we did an offer, accompanied by a buyer agency agreement to protect her.  And of course to protect my agency.  This also covers omission and error insurance.  We also did a cooperating agreement, which spells out that I'm working for my buyer getting paid by the seller.  But giving both representation, protecting both parties.  The offer was accepted and to work just begins now.  Well, we started with in a lender that didn't work.  We went to another mortgage broker.  So we wouldn't affect her Beacon score.and after a long hard process, we found the lender.  We didn't give up in my buyer didn't get discouraged, because I kept my seller optimistic and in the loop about every step of the transaction.my buyer never gave up.  She almost did the because the lenders were creating a lot of stumbling blocks in a lot of hurdles.  That would discourage anybody from even thinking about buying a home.  Not good!  We had to get an inspection done as well.  We had a lot requirements, we had to fulfill.  I had to convince the seller to do the work we did want a reduction because of the work in the end.  He was kind enough and did both.  Its not like there was another by around the corner, and it's not like it was another house so well-suited for my buyer around the corner.  So we all decided to work together and get along.  And because she was so persistent, and a likable person.  My seller also gave her two bedroom sets living room set in a dining room set and kitchen set to fridges and to stoves.  The lender that finally did the deal was also a real estate broker and part of the complication with financing a for sale by owner.  The question came up as to why it took so long for the seller to sell it on his own.  And then why it went through real estate, and I was a dual agent.  So, to expedite things we talked and that made him the buyer agent.  I end up being the listing agent.  On of my 2 1/2 percent.  I paid him a portion of my commission.  We were all happy, and we close the deal January 28, 2011..

This transaction took a lot of cooperation and a calm patient realtor like myself.  With 23 years of experience and a broker with excellent negotiating skills to keep everyone motivated and negotiate a win-win situation for everyone involved.  A happy ending for everyone!

And reality is there not always win-win situations.  Sometimes one party gets the better end of the stick I personally like to see everyone happy.  In my experience.  It's all about how you start, which determines how you finish.  Just like in the race, how you position yourself coming out of the gates is going to determine how you finish.  Its easy as 123.  See you in the winner's circle. ( your new home)

this article is compliments of John Ventresca, Broker otherwise known as ...The Thoroughbred of Real Estate!

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