Appreciating the Numerous Steps an Agent Takes for Homeowners
With more real estate resources available on the Internet, it may seem as if buying and selling a home is an easy task. These 101 reasons will show you the extent of knowledge and experience that an agent provides to help you through a real estate transaction. This list reflects actions, procedures and processes that a real estate agent may typically perform during a residential real estate transaction – and are all things that you could avoid doing yourself.
Typical Pre-Listing Activities
- 1. Research Current Properties
- 2. Research Sales Activity from MLS and public records databases
- 3. Provide Average Days on Market Assessment
- 4. Review Property Tax Roll
- 5. Prepare a Comparable Market Analysis (CMA)
- 6. Verify Ownership and Deed Type
- 7. Verify County Public Property Records
- 8. Perform Curb Appeal Assessment
- 9. Provide Public School Value
- 10. Provide a Listing Presentation
- 11. Analyze Current Market Conditions
- 12. Present Credentials
- 13. Deliver CMA Results
- 14. Discuss Planning and Strategy
- 15. Explain Listing Contract, Disclosures & Addendum
- 16. Screen Calls from Buyers or Agents
- 17. Explain Homeowner Warranty
Selling the Property Activities
- 18. Review Title Details
- 19. Order Plat Map
- 20. Create Showing Instructions
- 21. Obtain Mortgage Loan Information
- 22. Review Homeowner Association Fees and Bylaws
- 23. Submit Homeowner Warranty Application
- 24. Add Homeowner Warranty in MLS
- 25. Review Electricity Details
- 26. Arrange Inspections for City Sewer/Septic Tank Systems
- 27. Collect Natural Gas Information
- 28. Provide Security System Status
- 29. Determine Termite Bond Status
- 30. Analyze Lead-based Paint Status
- 31. Distribute Disclosure Packages
- 32. Prepare Property Amenities
- 33. Detail Inclusions & Conveyances with Sale
- 34. Compile Repairs Needed List
- 35. Send Seller Vacancy Checklist
- 36. Install Lockbox
- 37. Make Copies of Leases for Rental Units (if applicable)
- 38. Verify Rents, Utilities, Water, and Deposits for Rentals
- 39. Inform Tenants of Listing for Rentals
- 40. Install Yard Sign
- 41. Perform Interior Assessment
- 42. Perform Exterior Assessment