Cori Signs a Contract with a Real Estate Agency to Sell Her House: What You Need to Know
When it comes to selling your house, there are a lot of things to consider. One of the most important decisions you`ll make is hiring a real estate agency to help you through the process. In this article, we`ll explore what it means when Cori signs a contract with a real estate agency to sell her house and what you need to know before you do the same.
Why Hire a Real Estate Agency?
There are many advantages to hiring a real estate agency to sell your house. Real estate agents are trained professionals who have experience in negotiating deals, marketing properties, and understanding the local housing market. They can help you set a realistic price for your home, establish an effective marketing strategy, and handle all of the paperwork associated with the sale.
When Cori signed a contract with a real estate agency to sell her house, she likely did so because she recognized the value that an experienced agent could bring to the process. By hiring an agency, Cori could focus on preparing her home for sale while the agent handled the rest.
The Contract
When you sign a contract with a real estate agency, you`re entering into a legal agreement that outlines the terms of your working relationship. This contract should clearly state what services the agency will provide, what fees you`ll be responsible for, and how long the contract will last.
The length of the contract can vary, but it`s typically around 90 days. During this time, the agency will work to market your property, schedule showings, and negotiate offers. If your home hasn`t sold by the end of the contract, you may choose to renew it or find a new agency to work with.
Fees
When you sign a contract with a real estate agency, you`ll be responsible for paying a commission fee once your home sells. This fee is typically around 6% of the final sale price, although it can vary depending on the agency and the local market.
It`s important to read the contract carefully and understand what fees you`ll be responsible for. In some cases, the agency may charge additional fees for marketing expenses or other services. Make sure you know what you`re agreeing to before you sign the contract.
Conclusion
If you`re thinking about selling your house, hiring a real estate agency can help simplify the process and increase your chances of a successful sale. When you sign a contract with an agency, make sure you understand what services they`ll provide, what fees you`ll be responsible for, and how long the contract will last. By working with an experienced agent, you can sell your home with confidence and ease.