|Real Estate Information|
Finding the Right Real Estate Agent:: A Guide for Seniors
When considering buying or selling a home, seniors have a special set of needs that may not apply to others in the real estate market. The first time home buyer has a certain set of needs. Young families with small children have another. Seniors fall into a whole different category.
It is important then, to make sure that the real estate professional you choose has the ability to meet the needs of the senior buyer or seller. Most agents are simply interested in putting your home on the market and getting it sold. But there is much more to the process than that. Seniors need an agent who is willing to "go the extra mile" to make the transaction as stress-free and hassle free as possible.
Senior sellers may be in the process of "scaling down", moving to a smaller home or an assisted care facility. Your agent needs to understand how to help you to figure out what you will need to take with, and suggest ways to dispose of excess items that won't fit in your new environment. Your agent should have suggestions for companies who can organize estate sales, garage sales or help you organize a charity to pick up items which may not be needed in the new setting.
Seniors may have lived in their home for a number of years and not understand what people are looking for in today's market. Your agent needs to know what the market may demand. If you are selling a home in a 55+ community other seniors may not demand granite counter-tops and the most updated appliances. A simple fresh coat of paint may be all you need to make the property appealing before putting it on the market. Other markets will demand more upgrades, or a sales price adjustment, which the right agent will advise you on.
Seniors may have owned their properties for a number of years, resulting in numerous tax implications. While Real Estate Professionals cannot give you tax advise, the right agent, working with your tax advisor should be able to advise you in ways of selling your properties which could result in less taxes or tax deferments. These types of sales need to be handled correctly to protect as many of the seniors assets as possible. The amount of equity you have in a property, the way title is held and whether or not property has been held as an investment all make a difference is the next step you make. Be sure your agent understands the implications of disposing of these properties.
An agent dealing with seniors need to be understanding of special health needs which may be in the home. If health issues are a concern in your home make sure that you have an agent who will show compassion and concern in trying to show the home at convenient times for the family members with those special needs. Again, if you have an agent whose only concern is that they get the home sold as quickly as possible, compassion may give way to convenience- the real estate agent's convenience.
When searching for the right agent, try to find an agent who has had experience in working with other seniors and those who have been in similar circumstances to yours. Let your "gut instinct" be your guide. If you feel pushed by an agent, or rushed, as though they don't have time for you, perhaps you don't have the right person.
Once you do have the right agent- sit back, relax and leave the driving to them!
Patti Phillips is a Realtor in the San Diego area. One of her specialties is helping seniors to meet their real estate needs. Please visit her web-site at http://www.PattiPhillipsRealEstate.com or call toll-free 800-680-9133
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news
Real Estate News
Happy New Year,Make it a better world. "Pay it Forward" as in the movie.
Negotiating A Short Sale - The High Road to Huge Foreclosure Profits
Buying foreclosures can be extremely profitable for real estate investors. However, most of these homeowners are mortgaged to the hilt.
Avoid The Traps Of Finance
Most consumers are told where to get their mortgage because few people personally know and trust a mortgage or loan officer or correspondent (the same thing). It used to be agents would take their buyers out to find the house they wanted, then to their favorite mortgage company.
Home Equity or Debt Trap?
Are you using the equity from your home to purchase everyday things? This is a dangerous trend growing more popular every month as millions of Americans tap into the value of their home to fund a lifestyle.How many times have you heard the saying "Your home is the best investment you'll ever make"? How many times have you also heard that your home will be the most valuable asset you will ever own?Both of these are as true, if not truer, today than at any time in the past.
5 Steps To Choose the Best Cincinnati Realtor
Excluding some professional real estate agents buying a house is a lifetime decision for most people. Whenever a person is decided about purchasing a house he is ready to invest a hefty amount of his lifetime savings for acquiring the house.
Escrow Accounts - Are You Paying Too Much?
Money in escrow is "dead money". It doesn't earn interest for you and it doesn't reduce your mortgage interest payments.
Ten Big Mistakes That Will Lose That Property Sale
If you are serious about selling your home, you probably go to a huge amount of effort when you show potential buyers around your property. You clean the bathroom until it sparkles; vacuum the carpet; brew coffee or bake bread; maybe you even banish the kids to their grandparents, but did you make one of these Ten Big Mistakes that can lose the sale - but are so easy to avoid.
Negotiating the Real Estate Contract
Negotiation is the process of communication back and forth in order to reach a joint agreement. There is no "one size fits all" strategy of negotiating a real estate contract.
The New First Impression in Home Selling
As an ASP Home StagerŪ I know how important curb appeal can be in making that critical first impression when selling your home. However, with the growth of real estate advertising over the web, there is another first impression that you should consider when marketing your property.
What Makes Fractional Shares Different from Owning Other Kinds of Vacation Properties?
Fractional shares ("fractionals") are sometimes confused with other vacation property options, such as time shares and condo hotels. While there are similarities, there are a number of things that make fractional shares unique, and thus suited for a certain type of vacation property buyer.
Writing on the Wall - Are REITs a Better Investment for You?
When I was a young child I had many annoying tendencies. My mother explained to me that the most annoying was my need to write on the walls of every room.
Buying Overseas Property
Fourteen Top Tips for Overseas Property Investment:1. Buy what you want to buy.
Build Your Retirement By Investing In Real Estate
Most people buy one or two properties. One is their primary residence and sometimes they have a vacation home.
Finding The Perfect Maui Home For Sale
If you are thinking of relocating to Maui, this articlewill hopefully guide you to making a positive decision whenthinking of buying a home there. Hopefully, by the end youwill be one step closer to finding a Maui home for sale,and being able to purchase it.
Loan Officer Training: Learn How To Shape Realtors Perceptions
In medicine, a placebo is a pill that you think will make you better, and so it does. In your business, a placebo is a prospect having the experiences they expect to have, and so they have them.
Thinking About Selling Your Home?
Owning a home is the original American dream. It's the old frontier spirit, wanting to claim your own tuft of the New World.
10 Tips to Sell Your House Faster!
Here are some Handy wee Tips to help you Sell Your House Faster. These are all 'tried and true' tips we've gathered over years of Buying and Selling Houses, so I know for sure that they work!1.
Real Estate Bubble: Sophisticated Musical Chairs?
The real estate bubble is a hot topic today; annual appreciation and housing prices have never been higher in most U.S.
Real Estate Appraisal - Do It Yourself
For single family homes, there are two basic methods used in real estate appraisal. They are replacement cost analysis, and using comparable sales.
Dealing With Dual Real Estate Agents
Historically, real estate agents have represented the seller of a property. The seller, after all, is usually the one who pays their commission, and agents therefore have a fiduciary relationship with the seller.
|home | site map|
|© 2006 TIGER MEDIA|