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Tag: MLS

Hiring The Right Agent For Your Short Sale

February 9, 2015

Today I wanted to discuss what I feel the most important thing to look for in a real estate when it comes to completing a short sale. Its experience and success with the transactions. I was actually an investor in the first short sale I was involved with; this is before I got into real estate. Since becoming a real estate agent in 2006 I’ve helped over 400 people with these types of transactions and we have an extremely high success rate compared to the national average. The homeowners that hire us and see the process through to the end, over 90% of those transactions close and the homeowner gets their short sale completed; the national average is 30%.

It isn’t just a question of whether or not they deal with a lot of short sales, it’s if they can actually get them to close. Realtor Magazine said recently that 43% of the real estate agents were going to close one or less transaction in 2014; the bottom 70% of real estate agents were only going to close ten transactions. My team and I typically handle over 100 transaction. I’d like to alert you to when you talk to a real estate agent about short sales and they say they deal with a lot of them, make sure you have that agent quantify that for you. They may only be handling a handful of transactions a year, so one short sale may be a lot when compared to their other transactions. In reality when compared to someone like me, where I handle over 80 transactions in a 12 month period, knowing the most recent trends for lenders, knowing the policy guidelines from the different investors is a benefit to you knowing that you’ll get the best possible outcome or the highest chance of success with your short sale.

The takeaway is that when talking to real estate agents about short sales have them quantify to you what their production is; it doesn’t hurt to even have them show you their production on the MLS. Pick up the phone and give us a call or fill out the short sale request form if there’s anything else we can do for you.

Why You Should Hire a Tucson Realtor Rather Than Do a FSBO

November 28, 2014

“I need to sell my home, but want to save myself some money. Instead of working with a Tucson realtor, I’ll sell my home on my own; I bet it’s
easy!” Have you ever thought this to yourself or know someone who has? You’d be surprised to find out that selling your home on your own can
actually end up costing you more money in the long run. There may be several different reasons why a person tries to complete a FSBO (For Sale By
Owner) on their home rather than hiring a Tucson realtor, but a vast majority of the time it’s in their better interest to pick the latter.

When you work with a Tucson realtor to sell your home, your property is marketed a number of different ways. When you attempt to sell on your own, your only real options are a yard sign, newspaper and online sites that cost you money. While many people to look online for homes before purchasing, they can be deterred by someone that is selling on their own or often look to the MLS, which only real estate agents have access to. Not only are there more marketing and networking options when you work with a Tucson realtor, but your home is more accurately priced to sell. Often times when a homeowner lists their property on their own, the home is overpriced when compared to other houses for sale in the area. This is where the homeowner ends up losing money; their home sits on the market because it is overpriced and, if the homeowner does end up selling the property on their own, it is generally for much less than what they could have sold it for had they initially worked with a Tucson realtor.

The most important statistic that really shouldn’t be ignored is that only about 2% of FSBO attempts are successful. Are you experienced enough in the real estate market to ensure that you’re going to be part of that 2% or should you save yourself the time and money and contact a Tucson realtor to help you sell your home?

Going To Complete A FSBO? Reasons Why You Should Work With A Tucson Realtor Instead

July 1, 2014

Many homeowners that need to sell decide to forgo working with a Tucson realtor and attempt to sell their home on their own for a number of different reasons, the biggest one being it saves them money in commissions. While some people do have adequate experience in selling a home on their own the vast majority of the population do not and unfortunately, there for-sale-by-owner isn’t as successful as they had hoped it would be. If you’re considering a FSBO we’d like to save you some time and money and share with you a few different reasons why you should skip the FSBO and work with a Tucson realtor instead.

One of the main reasons that you should work with a Tucson realtor is because they are the only ones that have access to the tool that buyers search the most – the MLS. Only licensed Tucson realtors are able to market their homes in this listing and it is estimated that the majority of potential buyers begin their search here. Also, as you are probably aware, selling a home requires a lot of paperwork, legal documentation, transferring of files, etc. When you hire a Tucson realtor they take care of all of this for you. One slight error in paperwork or one missing document can mean big troubles for a seller or potential buyer. Save yourself the headache and the legal hassle by working with a Tucson realtor. Lastly, a Tucson realtor can help you accurately price your home. Many homeowners that attempt a FSBO overprice their home for a variety of reasons; with the knowledgeable input of a Tucson realtor you can understand how the current market is performing and what comparable homes are selling for in your area.

While it may seem like hiring a Tucson realtor isn’t worth the money the truth of the matter is that many sellers that attempt a FSBO end up reaching out to a Tucson realtor to get their home sold and it’s generally after they’ve already spend entirely too much money trying to market and sell their home on their own. Save yourself time and money and work with a Tucson realtor from the very start.

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About Shawn Polston

Shawn has been a Realtor since 2006. Prior to becoming an agent Shawn and his wife were active real estate investors. Shawn takes his education seriously; he’s taken over 200 hours of continuing education classes, to keep up-to-date on current laws and trends. Shawn is a member of the Arizona Association of Realtors Master of Real Estate Society and a Graduate of the Realtor Institute. He is also a HAFA certified Short Sales and Foreclosure Specialist in addition to being a National Association of Realtors Short Sale and Foreclosure Resource.

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