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Selling Your Cincinnati Home – Step 1

November 25, 2017 by Eric Lowry

513-368-3751 to Connect with a Top Real Estate Agent in Cincinnati

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West Chester Liberty Township Mason
Monroe Fairfield Township Fairfield

Step 1 to Selling Your Cincinnati Home: Hire a Real Estate Professional

Selling Your Cincinnati HomeWhether you are buying or selling a home, it can be quite an adventurous and complicated journey. This is why you need an experienced real estate professional to guide you on the path to your ultimate goal.

The top 5 reasons you NEED a real estate professional in your corner haven’t changed, but have rather been strengthened by the projections of higher mortgage interest rates and home prices.

1. What do you do with all this paperwork?

Each state has different regulations regarding the contracts required for a successful sale, and these regulations are constantly changing. A true real estate professional is an expert in his or her market and can guide you through the stacks of paperwork necessary to make your dream a reality.

2. Ok, so you found your dream house, now what?

There are over 180 possible steps that need to take place during every successful real estate transaction. Don’t you want someone who has been there before, someone who knows what these actions are, to make sure that you achieve your dream?

3. Are you a good negotiator?

So maybe you’re not convinced that you need an agent to sell your home. After looking at the list of parties that you will need to be prepared to negotiate with, you’ll soon realize the value in selecting a real estate professional. From the buyer (who wants the best deal possible), to the home inspection companies, to the appraiser, there are at least 11 different people who you will need to be knowledgeable of, and answer to, during the process.

4. What is the home you’re buying/selling really worth?

It is important for your home to be priced correctly from the start to attract the right buyers and shorten the amount of time that it’s on the market. You need someone who is not emotionally connected to your home to give you the truth as to your home’s value. According to a study by Collateral Analytics, FSBOs achieve prices significantly lower than those from similar properties sold by real estate agents:

“FSBOs tend to sell for lower prices than comparable home sales, and in many cases below the average differential represented by the prevailing commission rate.”

Get the most out of your transaction by hiring a professional.

5. Do you know what’s really going on in the market?

There is so much information out there on the news and on the internet about home sales, prices, and mortgage rates; how do you know what’s going on specifically in your area? Who do you turn to in order to competitively and correctly price your home at the beginning of the selling process? How do you know what to offer on your dream home without paying too much, or offending the seller with a lowball offer?

Dave Ramsey, the financial guru, advises:

“When getting help with money, whether it’s insurance, real estate or investments, you should always look for someone with the heart of a teacher, not the heart of a salesman.”

Hiring a Realtor who has his or her finger on the pulse of the market will make your buying or selling experience an educated one. You need someone who is going to tell you the truth, not just what they think you want to hear.

Bottom Line

You wouldn’t replace the engine in your car without a trusted mechanic. Why would you make one of the most important financial decisions of your life without hiring a real estate professional?

Don’t hire an agent; hire a team…The Lowry Team! When you hire The Lowry Team, you are hiring an entire team of real estate specialists.  The Lowry Team consists of members that are focused on areas of specialization including Listing Specialists, Buyer Specialists, Transaction/Listing Coordinator, Inside Sales Associates, and a Marketing Director. Every part of the buying or selling process is handled with care, expertise, and 100% focus to ensure that you have a positive and profitable real estate experience.

Questions about selling your house?
Call or text Eric Lowry at 513-368-3751.

Find Your Home's Value Now!

Filed Under: Eric Lowry's Articles, Preparing Your Home For Sale, Sellers Tagged With: Adam Wald, Best Real Estate Agents in Cincinnati, Cincinnati home values, Eric Lowry, how to sell a house in Cincinnati, Keller Williams Realty West Chester Ohio, Real Estate Team in Cincinnati, Selling Your Cincinnati Home, The Lowry Team, Top Realtors in Cincinnati, What's my Cincinnati home worth?

Will we save money if we sell our house without a Realtor?

March 16, 2017 by Eric Lowry

Will we save money if we sell our house without a RealtorQ. Will we save money if we sell our house without a Realtor?

A. Studies have shown that if you list your home for sale with a real estate agent you get signficantly more money for your house than if you sell it without a Realtor or “For Sale By Owner” (FSBO). According to U.S. National Association for Realtors, for-sale-by-owner transactions typically result in a considerable cut in price–as much as 28% less than what may have been made by contacting a realtor, Eric Lowry and The Lowry Team for example. Saving a little bit of money on the real estate commission is actually costing thousands on the actual sale price.

In addition, if you list your own house for sale, you may be able to get a few buyers to find your house on the Internet or driving by. However, 88% of buyers are using a real estate agent. This means if you sell FSBO you are missing out on 88% of the potenial home buyers that are out looking. In order to get the best price for your home, you need to make your house available to as many buyers as possible.Will we save money if we sell our house without a Realtor 2

Q. Why do homes listed by real estate agents generate more at sale time?

A. There are several reasons that Realtors are able to get sellers those higher sale prices. One reason is that they have immense access to current data regarding the housing market and accurate appraisal tools for assessing the home’s value. While most homeowners do at least some market research, they aren’t likely to have the access to the scope of information databases that Realtors do. Statistics show that without this information, many homeowners just aren’t asking enough for their property.

On the other hand, the opposite is also true. Many homeowners ask a much higher price for their home than it is worth in the current market. A real estate professional is an expert at advising homeowners about pricing strategies and can help make sure the home is priced right. Asking too much for a FSBO home typically results in the home sitting for a long time on the market and may not sell.6 steps to selling a house

Finally, many Realtors are excellent marketers. They are experts are providing homes with the exposure they need to help generate the highest sale price and quickest possible sale. The yard signs and Craigslist ads that many for-sale-by-owners rely on are just not enough to produce a steady stream of potential buyers. Professional Realtors use a wide variety of means to generate interest in a home. A real estate agent’s day-to-day work with home buyers also provides them with a regular opportunity to show homes listed in their area.

The fact is that most home sellers are happy to pay their Realtor’s commission. Realtors have the tools to effectively market the home and the skill to manage open houses, showings, home inspections, negotiations, and much more. If you are thinking of selling your home yourself, you might want to reconsider and contact Eric Lowry and The Lowry Team. Call/text 513-368-3751.

Find Your Home's Value Now!

Filed Under: Eric Lowry's Articles, Preparing Your Home For Sale, Sellers Tagged With: Best Real Estate Agents in West Chester Ohio, Does for sale by owner save me money, Eric Lowry, how to save money when selling a house, how to sell a house in Cincinnati, how to sell your home faster and for more money, Keller Williams West Chester, selling a house in Cincinnati, selling a house in West Chester Ohio, The Lowry Team, Top Realtor in Cincinnati, What's my Beckett Ridge house worth?, what's my liberty township house worth?, Will we save money if we sell our house without a Realtor?

Selling a House in Cincinnati – 6 Steps to Selling Your Home

February 2, 2016 by Eric Lowry

513-368-3751 to Connect with a Top Real Estate Agent in Cincinnati

Home Values Hassle Free Listing Contact Us
West Chester Liberty Township Mason
Monroe Fairfield Township Fairfield

Find Your Home's Value Now!

Whether you are thinking of selling your home next month or next year, if you want to get the best price for your home with the least amount of stress, it’s going to take some time and planning. Here are the six steps to keep in mind when selling a house in Cincinnati…

Step 1: Hire a real estate professional from The Lowry Team.  Eric Lowry, CEO and Listing Specialist for The Lowry Team, will discuss your ideal time frame for selling your home, pricing strategies, tips to prepare for the market, as well as the net profit needed from the sale.  Hiring an experienced real estate agent will help protect you and your best interests, and your potential equity in the sale of your home.

Step 2: Price it right.  Eric Lowry will share your home’s current market value with you. A Comparable Sales Analysis Comparable (CMA) will be run on your home, which takes into account recent sales of similar homes in the same market area.  This detailed CMA, in addition to the current trends in the real estate market and years of experience, will help Eric determine the right listing price for your home.

Step 3: Stage the home to sell.  Homes that are staged sell faster and for money than homes that are not. Keep in mind there is only one chance to make a good first impression on potential buyers.  The Lowry Team can advise you on what improvements should or should not be made prior to listing your home. We can also refer you to a professional home staging company.

Step 4: Negotiate an offer.  Your Realtor will help you negotiate the best sale price and terms for your home. This includes items such as price, occupancy, inspections, etc. Eric Lowry has over 16 years experience negotiating home sales in the Cincinnati area, and his listings sell for around 1% more than the market average – that could mean thousands of dollars more in your pocket. Make sure you hire an expert negotiator to represent you.

Step 5: Plan your move.  The Lowry Team has an preferred vendor list to help you plan your move, and can refer you to an excellent moving company.

Step 6: Meet at the closing table. The sellers, buyers and their agents will meet with the title company representative to sign all of the papers and close on the house.  Here you will receive the proceeds from the sale of your house, and can celebrate!

Questions about selling your house? Call or text Eric Lowry at 513-368-3751.
Don’t forget to ask about The Lowry Team’s Sale Guarantee…

We’ll sell your home in 88 days, or we’ll sell it for FREE!

Read Selling a House in Cincinnati Part 2 here

The Lowry Team – Keller Williams Realty is an award winning, full service real estate firm specializing in West Chester, Liberty Township, Mason, Monroe and the Northern Suburbs of Cincinnati. The Lowry Team is “Different By Design”… taking a team approach to home buying and selling. The Lowry Team consists of members that are focused on areas of specialization including Listing Specialists, Buyer Specialists, Transaction/Listing Coordinator, Inside Sales Associate and a Marketing Director.

Don’t Hire an Agent…Hire a Team.  The Lowry Team.

Buyers and Sellers can reach The Lowry Team Keller Williams by calling or texting 513-368-3751.

Other articles you may be interested in:

Search the entire Cincinnati MLS for Homes For Sale

Find Out The Current Market Value Of Your Home

Where are interest rates headed?

Why Use a Real Estate Team Instead of a Single Agent

Sell Your House Faster – Stage It With Color!

Selling a Home in the Winter

Preparing Your Home for Sale: 10  Tips for Staging a Home

Can my real estate agent represent me on new construction?

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Filed Under: Eric Lowry's Articles, Preparing Your Home For Sale, Sellers Tagged With: 6 Steps to Selling Your Home, Beckett Ridge Homes For Sale, Best Cincinnati Real Estate Agents, Cincinnati home values, Cincinnati house values, Cincinnati Real Estate Team, Eric Lowry, Guaranteed Sold In 88 Days Or We Will Sell It For Free, how to sell a house in Cincinnati, Keller Williams Realty West Chester, Liberty Township Ohio Homes For Sale, LowryTeam.com, Mason Ohio Homes For Sale, selling a house in Cincinnati, Selling a House in Cincinnati - 6 Steps to Selling Your Home, Sold In 88 Days Or Free, The Lowry Team, Top Cincinnati Real Estate Agent, Top Cincinnati Realtor, West Chester Ohio Homes For Sale, What's my Cincinnati home worth?, What's my Cincinnati house worth?, www.88DaysOrFree.com

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