The Listing Agent - Preliminary Marketing of Your Home
The "Real" Role of a Listing Agent
When you bought your home, you probably used the services
of a real estate agent. You found that agent through a referral
from a friend or family member, or through some sort of
advertising or marketing. The agent helped you in many ways
and eventually you found the house of your dreams, made
an offer, closed the deal, and moved in.
For whatever reason, now it is time to sell your home and
you need a real estate agent again. Many home sellers, especially
those selling their first home, tend to think all agents
are similar to the one that helped them buy their home.
Although real estate agents can (and do) work with both
buyers and sellers, most tend to concentrate more on one
than the other. They specialize. When you bought your home,
you probably worked with a "selling agent" – an
agent that works mostly with buyers. Because of the nature
of real estate advertising and marketing, the public’s main
image of the real estate profession is that of the selling
agent (buyer's agent).
As a result, many homeowners expect their listing agent
to do the same things that a selling agent does – find someone
to buy their home. After all, they do the things you would
expect if they were searching for buyers. A sign goes up
in the front yard. Ads are placed in the local newspaper
and real estate magazines. Your agent holds an open house
on the weekend. Your house is proudly displayed on the Internet.
But this is only "surface" marketing. More important
activity occurs behind the scenes. After the "for sale"
sign goes up and flyers are printed, your agent’s main job
is to market your home to other agents, not to homebuyers.
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copyright 2000 by Terry Light and RealEstate
ABC, revised 2002