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Agents say that relatively affordable touch-ups like a fresh coat of neutral-colored paint and window treatments, refinished hardwood floors or new carpeting and redone countertops can turn browsers into buyers.

Sometimes, the way an agent prices a home can hurt an unsuspecting seller. Some agents overprice a home to get the listing — sellers love to hear their house is worth a lot of money — and then the property sits.

Or an agent will undercut the price to generate a quick sale and a commission for themselves, but not necessarily the best price for the seller.

On the other hand, an agent with a proven record of getting deals done at an attractive selling price — without overpricing a listing — is the kind of representation every seller should have.

A sophisticated agent also can put money in your pocket in untraditional ways. One example: Pulling out furniture, appliances and other personal property from the total price, for which the buyer writes a separate check.

The revised home value means a lower transfer tax for the seller and lower property tax for the buyer. An agent should tour clients around a neighborhood in the morning, afternoon and evening, on weekdays and the weekend, Piper says.

And if you see a house in spring or summer when foliage is thick, a broker should be able to tell you what the view will be like once the leaves fall.

Ideally, some say, a good agent will be forthcoming with such details, even if it means talking someone out of buying a home.

Multiple offers, especially common in hot real-estate markets, put sellers on a gravy train but leave otherwise qualified buyers disheartened at the station.

Still, someone wins. So what can a buyer do to improve their odds of being that someone? An agent who is acquainted with other agents in the area and is a skilled negotiator is one good bet.

A better bet, some say, is to find an agent who goes into battle fully prepared. Of course, that requires buyers be honest with themselves.

For instance, besides suggesting that the client cover closing costs and title insurance, an experienced broker might encourage a client to stretch in ways that may be uncomfortable but can seal a deal — such as paying all cash or waiving the appraisal and other contingencies.

You have to think of everything other than money. What would Phil Dunphy do? Agents are still recovering from the housing crash, which severely thinned their ranks.

Membership in the National Association of Realtors, which includes brokers and agents, surged during the housing boom. At the end of , the NAR had almost 1.

At year-end , the group counted just under 1 million members. An agent under the gun to produce might demur when asked for references, saying that they work with a limited number of clients in order to provide exclusive service.

Agents work on commission, but buyers sometimes forget this fact. Agents tend to be patient sorts, but they also have a life beyond the MLS.

Many real estate agents readily tell similar stories. To get rid of pesky clients, agents employ subtle and not-so-subtle tactics.

Or a brooding buyer will be told to take more time to thoroughly research the market — and their needs — before seeing yet another house.

Jonathan Burton is the money and investing editor for MarketWatch, overseeing coverage of investment news and strategies. His Life Savings column focuses on money and personal finance matters.

He is also the author of two books on investing. Economic Calendar. Online Courses Consumer Products Insurance.

Petrey: My best sale is any sale that results in a referral, repeat business, or helping a client with an impossible situation that is stressing them out.

Petrey: Helping an out-of-town investor client avoid a foreclosure and helping them narrowly avoid a financial disaster. The St.

Joseph statue worked overtime on those transactions. Petrey: Never buy more than you can afford, and when showing a home, every detail, no matter how small, contributes to its appeal and price.

Your email address will not be published. Save my name, email, and website in this browser for the next time I comment.

Patten Custom Homes. Key Residential. Hudson Construction Group. Avant Group. Skip to main content. Share News:. CD: How did you get into real estate?

CD: Where is home for you in Dallas? CD: And you drive a … let me guess, Mercedes Benz? CD: Likewise, what was your most challenging or memorable transaction?

CD: How quickly have you ever turned a house? CD: How much did you sell last year? CD: What words of wisdom do you often share with clients?

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How to Do an Open House Real Estate Premier to Dominate Your Real Estate Geographic Farm

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