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4 Things Home Sellers Need from their REALTOR®

Louisiana REALTORS® • October 25, 2023

You wouldn’t want a doctor that does the bare minimum to treat your symptoms. You wouldn’t want a mechanic to do the smallest repair possible to get your car running. Keeping with this theme you also wouldn’t want a REALTOR® that did the minimum amount of work to sell your home. Just like a minimal treatment could lead to a returning ailment, and a minor repair can’t fix a major problem; simply sticking a sign in the yard and posting on the MLS isn’t going to provide the best results for a seller. Here are four things that REALTORS® should do for their clients that are selling a home.


Promote and Market the Property


This is a key practice that every REALTOR® should embrace and excel at. Marketing is to real estate as bait is to a fisherman. Today there are more avenues to attract buyers than ever before. One of the most essential elements is photography. High-quality photographs of a property will be any potential buyer’s first impression of your client’s home. Social media and a strong web presence are also critical to create the best opportunity for a successful sale.


Find the Best Price


Having an effective pricing strategy stems from a number of skills. Using the experience and expertise of a REALTOR® will help you arrive at the best possible price. Without this vital step, it can end up costing a lot of time and money. Understanding the market and researching comparable sales are important factors for determining the best price. There is a fine line to walk between what is a correctly priced property and the price that your client wants. While it can be difficult not to give in to an optimistic figure, your REALTOR® is obligated by the code of ethics to do what is best, not to offer what you want to hear. Pricing too high can lead to an extended time on the market, which is not favorable. Pricing too low can leave a lot of money on the table. This is why arriving at the correct price for your market and timeframe is essential.


Attend the Inspection


When a home is inspected it can often lead to a secondary round of negotiations. Cost concessions and repair agreements all affect your motivation and final price. Having an available REALTOR® to observe and listen makes for a valuable resource and gives you the opportunity to understand the evolving landscape of the transaction.


Prepare for the Closing


A REALTOR’S® value comes from their experience and expertise in guiding their clients through a complex and complicated process. This is never truer than during a home closing. The more your REALTOR® can do for you in this final stage only adds to the value of a REALTOR®.

MORE REALTOR® RESOURCES

Consumer Guide Update: Preparing for Homeownership

By Louisiana REALTORS® • February 19, 2025
As previewed last week, NAR is pleased to share the latest consumer guide focused on preparing for homeownership. This guide covers what prospective buyers should consider as they kick off the home purchase process, including the importance of credit scores, mortgage pre-approval, down payments, budgeting, and educational resources. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Preparing for Homeownership Escrow and Earnest Money Pricing Your Home Preparing to Sell Your Home Fire Damage and Policy Coverage Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with potential clients to ensure they have the information they need to be successful in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on Wednesday, which will cover property taxes.

Consumer Guide Update: Escrow and Earnest Money

By Louisiana REALTORS® • February 14, 2025
As previewed last week, NAR is pleased to share the latest consumer guide focused on escrow. This guide covers what homebuyers should know about earnest money deposits, including the general terms and use cases in real estate transactions. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Escrow and Earnest Money Pricing Your Home Preparing to Sell Your Home Fire Damage and Policy Coverage Flood Insurance Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on Wednesday, which will cover preparing prospective buyers for homeownership.

2026 LR Officer Elections, RVPs & NAR Director Applications

By Louisiana REALTORS® • February 12, 2025
The Louisiana REALTORS® Board of Directors will conduct several elections this Spring. Interested candidates that meet the qualification who are looking to serve at either the state association level or the national association level are encouraged to view the criteria and submit an application. An application that is not submitted on the appropriate form or not submitted pursuant to the instructions shall not be considered as submitted timely.
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