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Are you planning to buy or sell a house in Sudbury? It surely is an exciting time and you can easily get caught up in the frenzy. But don’t forget, a house is a major financial investment. Therefore, you need to make sure you are getting the most of your money and that you are getting a good real estate deal.
To do this, you really need to have a great real estate broker for a partner.
If you are a seller, your real estate broker will take charge of listing your home, checking with you on the best asking price that appeals to buyers, entertain buyers’ inquiries and home visits, and close the sale as quickly as possible. He will make sure that you sell your home for the highest possible price based on fair market value.
On the other hand, buyers also gain a lot of benefits from a broker’s services. He takes care of looking for the best home within your price range, negotiates the best price for it, and ensures that documents are in order. He will save you a lot of time and money!
Whether you are buying or selling a property, it is critical that you hire the right real estate broker in town!
Selling a house in the Greater Sudbury requires expertise. Competition is stiff; you want to make sure you find the right buyer quickly and sell for the highest possible price.
A good Sudbury broker will provide your property with maximum exposure using the MLS system, internet marketing and social media. The goal is to make your home available to the thousands of potential buyers 24/7 until your house is successfully sold.
Your broker will arrange for home viewings of interested buyers and negotiate the best price for your home. You can be sure your broker will work very hard to ensure your home sale is as profitable for you as possible.
Without a good real estate broker, you will need to do all the hard work. If you have no experience in selling real estate, you will be at a huge disadvantage as most home buyers are represented by real estate brokers.
Majority of home buyers work with real estate brokers because they understand that buying a house involves hundreds of thousands of dollars. It is not something you should take lightly! Real estate brokers make sure that their buyers get to choose from the best properties within their price range and that they pay only the right price, not a penny more.
Buyers save on a lot of time and effort when they partner with a broker who has quick access to all the listings in Sudbury. In fact, great real estate brokers may know of properties for sale even before they get listed!
In addition, real estate brokers have professional liability insurance which assures buyer protection. Because buyers don’t pay any real estate commission to a broker or agent, there really is no reason to deprive yourself of a great broker’s services for buying a house.
Our network consists of qualified and experienced brokers from the biggest real estate agencies in the Greater Sudbury.
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One of the most important factors that majority of people use to choose their real estate broker is commission rate.
Commission is paid to a broker who sells a house for a home owner and is agreed upon (based on the selling price) at the time a real estate brokerage contract is signed by a seller.
It is important to understand what the commission pays for before you compare brokers. Your broker’s commission pays for listing your property on the MLS, marketing expenses (flyers, professional-looking photographs), communication, and transportation expenses. It also pays for the commission of the buyer’s real estate agent.
Keep in mind that a broker does not get paid until a sale is successfully closed. In short, your broker will be working for you free of charge until your house is sold and you pay him the commission.
In Sudbury, a real estate broker or agent’s commission can be from 3% to 7% of the selling price.
When comparing brokers, it is critical to check what the commission includes to make sure you are getting the most value for your money. A lower commission rate does not always mean better value. It is important for brokers to be highly-motivated and a reasonable commission is one of the best incentives.
No matter where you are in Sudbury, you can definitely find the best real estate broker for buying or selling your home.
Our real estate broker partners specialize in Sudbury communities, including the following:
|Hanmer||Copper Cliff||Val Therese|
|Gatchell||Donovan/Northern Heights||West and South End|
You need an expert who knows the local community, real estate market conditions, and has a vast network of other real estate professionals you can tap for your real estate needs, including home inspectors, mortgage brokers, lawyers, and builders.
Find the right broker to help with your home sale or purchase from our network of highly-qualified and experienced brokers and agents in Sudbury.
Not all real estate brokers are the same. Just as you need to choose the right product to use, you also need to make sure you and your broker will be a good match.
How do you compare and choose the best real estate broker in Sudbury?
A real estate broker undergoes intensive education and training and passes a qualifying test before being given a broker’s license. You should ask your broker how long he has held his broker’s license and how long he has been in the real estate industry.
A good broker’s expertise comes from many years of buying and selling properties in Sudbury. You should ask your broker how many homes he has sold or bought in the area in the last year.
The finest brokers have developed an excellent reputation in the communities they serve based on outstanding service and integrity. You can check on your broker’s reputation by asking him for references from his latest clients.
You and your broker will be a team for the duration of your real estate project. It is important that you feel comfortable discussing financial and personal details with your broker. It is also important to feel confident in his abilities. In short, you must like your broker enough to be able to work hand in hand. You also need to understand each other’s communication style to maintain a good camaraderie and rapport.
Another important factor you must look into is the commission rate. This is the compensation your broker will receive for selling your house. You don’t want to hire a broker just because he is offering the lowest commission rate! Rather, consider the whole picture and choose the broker that offers you the best value in exchange for his commission.
As a home buyer or seller, you surely have questions in your mind about how to proceed with your real estate transaction.
We have gathered some of the most commonly asked questions to help in your decision-making. We hope these topics can address your concerns and guide you in how to become successful in your home sale or purchase.
Why do I need to hire a broker to sell my house in Sudbury?
Many people feel unsure about hiring a professional to sell their house. The important thing to remember is that it takes a lot of time and skill to successfully sell a home. Aside from marketing the property, there are also legal aspects to a home sale which a beginner may not fully be aware of. A real estate broker can ensure that your house sells fast and for the best price while making the process as convenient and smooth for you as possible.
Why do I need to hire a broker to buy a house in Sudbury?
If you are buying a house in Sudbury, it is important to hire a broker. Looking for a house on your own is time-consuming and frustrating. You’ll get excited about a listing only to find it has just been sold. Your broker has quick access to all the listings in Sudbury and will make sure you make an offer based on fair market value. Further, you don’t pay any commission as a buyer so it is to your best advantage to work with a broker.
How much does a broker charge for commission in Sudbury?
Broker commissions are not set in stone and differ from one broker to another. However, the usual rate in Sudbury is from 3% to 7% based on selling price. It also depends on the range of services offered by a broker.
What is the average home price in Sudbury?
The real estate property in Sudbury is hot. Average home price as of 2017 was $254,000.
What is the difference between a real estate agent and a real estate broker?
Both agent and broker perform tasks related to buying or selling a property. However, an agent works under a broker whereas a broker can be independent or have several agents working under him. A broker has also obtained further training and education that is needed to get a broker’s license.
What should be the first step for a home buyer?
The first critical step for a home buyer is to qualify for a mortgage. This can be done through a mortgage pre-qualification online or through a mortgage broker. Once you qualify, the next step is to find the right real estate broker or agent.
How does a real estate broker find homes for sale for buyers?
Brokers are a little bit more sophisticated than average folks when it comes to searching for homes for sale. They don’t pore over websites; rather, they use the local Board’s MLS listing where they see hundreds of listings. They search for properties that suit your needs and your budget, in your preferred location, and considering the size you want. They also network with other brokers and agents who may have homes for sale that have just been listed or still for listing.
How much down-payment should I prepare for buying a house in Sudbury?
Mortgage rules require at least a 5% down-payment for homes below $500,000. If you buy a home above $500,000 to $999,000, you will need to pay at least 10% for the amount exceeding $500,000. Homes $1 Million and up need at least 20% down-payment.
What is the average length of a contract between seller and agent or broker?
Your listing agreement would include the duration of the contract. The length can be from 3 to 6 months. However, from a seller’s perspective, a shorter listing time is better so you can terminate it if you are not satisfied or renew it.
Now that you know more about how to sell or buy a house in Sudbury, you are ready to shop for the best broker in town.
Your real estate broker will be your most important ally in the biggest financial transaction of your life. Thus, you need to take the time to compare brokers and weigh your options carefully.
It is now easy and simple to compare multiple brokers in Sudbury using our free broker comparator.
Fill-out our short online request form now and receive multiple offers from the finest brokers – free of charge and no obligation!
Buying or selling a property has a direct impact on your budget and your quality of life. This is why it is so important to have the right person assisting you. Use our service to find a real estate professionnal who truly meets your expectations.
Complete the form below and receive proposals from 3 real estate agents. Compare : Commission, Service and Personality