A number of my friends are real estate agents. They have been telling me that their sellers are very often in hurry to sell these days. They tell me homeowners frequently insist, “sell my home quickly” and they don’t have much patience with the marketing and sales process at all. The fact is that many homeowners are obligated to move, and that’s why they need to sell quickly.

I must say that a rushed attitude on the part of their sellers is challenging for listing agents all across the country in the present economy. And it’s true regardless of neighborhood or price range of the houses involved. It’s just as true all across the board. Obviously, since there are so many houses on the market now, a house has to be prepared to stand out in the crowded marketplace. To stand out from other homes on the market, I have an action plan when I need to sell my home quickly. My action plan keeps me on track to accomplish my goal.

For my plan of action I need an old-fashioned piece of paper to make a list of steps required to prepare a home for sale. My action plan usually includes a bit of cleaning and fixing up, which means it includes hiring help. In many cases that involves listing with a real estate agent. Also on the list are other items I need to accomplish once my home is ready to show. I schedule showings for my neighbors so they can see my house, and I conduct these showings on my own if my agent isn’t available. It’s my house and my schedule.

That’s how I work with my agent, no matter what he or she may also be doing to market my property. I also place classified ads in the newspaper and post online announcing the time and date of open houses. Regardless of whether my neighbors have any interest in buying my home they certainly have friends and relatives who might be interested. Don’t forget that everybody has a group of peers who might want to know about my home for sale. I always assume that other homeowners and tenants in my neighborhood know others who would be interested in moving into the area.

My decision to list with a real estate agent depends on how busy I am right now with my other properties. But one thing to know is that whenever I list with an agent I make sure that the form I sign leaves me the opportunity to sell my home myself. That option is not well-known, and I assure you that your agent will not mention it either. Because I am a real estate investor I often sell my house quickly myself and my agents know that.

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When I’m thinking about how to sell my house one of the first decisions to make is whether to sign a listing agreement with an agent. I can actually do a great job of selling my house myself because I have sold many of my own houses as an investor. But it’s just easier to list with an agent sometimes. I’ve learned many things in my experiences with different agents and one important discovery is that more than one kind of listing agreement is available for selling a house. I realize this is not well-known to the average homeowner, so this article will provide important information for sellers. It changed the way I I do business once I become away of different types of listing agreements because I realized a seller can have more freedom in listing and selling a house.

Basically there are two common listing agreements. They are called Exclusive Right to Sell Agreement and Exclusive Agency Agreement. Trying to understand those terms is overwhelming at first, but will make more sense soon. Keep in mind that each state has different real estate laws, so I’m generalizing from my own experiences. It might not be the same where you live, so check the laws in your state or city. I always remember to check the state laws when considering how to sell my house.

The Exclusive Right To Sell Agreement is the most common listing agreement for a very good reason. It is the one you have undoubtedly seen when listing with an agent. Hopefully, the agent explained that by signing it you are agreeing to pay a commission on a sale, no matter who finds the ultimate buyer. The listing agent will be entitled to a real estate commission, which is a stated percentage of the final selling price. Take note that the Exclusive Right To Sell does not give you, the seller, the right to sell your house yourself without paying a commission.

Naturally, agents are not motivated to spend money advertising your house, or to spend time showing your house without the expectation of earning a commission. You can “except” any person from your Exclusive Right To Sell Agreement if you have already shown that person your home for sale, and that protects you from paying a commission in the event that named person buys your house. However, your agent may not be as motivated to market your house when there’s an exception in the agreement.

The other most common type of real estate listing agreement is called an Exclusive Agency Agreement. And it is different because it says that the agent will receive a certain percentage commission an agent brings the buyer who closes a sale transaction. But you retain the right to sell your house yourself without the obligation to pay a commission. This may sound great in terms of saving money, but you will not have your agent’s help at all, not with forms or anything. That means you’re totally on your own. Remember that. It’s easy for me when I’m deciding how to sell a home, but it may not work for you.

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Whenever I’m starting to plan how to sell my home, one of the many investment properties I have for sale, I get set to remember the various steps of selling a home. I remember that my first goal is to find a buyer who is interested in buying my house, and once I have that buyer, the goal changes. The next goal is making sure the buyer and the house make it through the mortgage loan qualification process. This has to happen before the transaction can close. And closing is, of course, the real goal. The moment my personal home is really sold is when the sale closes and all the paperwork is signed and recorded.

I am a real estate investor, so I routinely buy and sell houses as a career. In the process of my career I’ve grown very familiar with mortgage loan qualification and closing procedures, and I’ve learned that the whole process can take weeks, even under the best of circumstances. To close a real estate transaction takes patience. I find that checking to make sure documents are signed and delivered, and that other people keep up with their tasks, such as inspectors, title research and mortgage personnel and of course my agent, if I’m using one, can begin to feel like a juggling act. Whenever I think I know it all, everything about how to sell my home, that’s when I learn something new about how to sell my home.

I’m sharing my process with you to make one important point. That point is – it takes more than finding the buyer to sell a house. You can see that it takes knowledge and patience, too. That’s what agents really get paid for, not just finding home buyers. It’s their expertise and skill helping homeowners get through the home selling process.

Although I know how to sell my home myself, I often decide to hire an agent to help me get through the closing process, which takes time and attention, when I’d rather focus on preparing another house to sell.

So, if you’re prepared with the forms and the knowledge you need to sell your home, and you have patience to get through the closing process, I salute you! However, you may change your mind and choose a professional instead I make that decision each time I’m considering how to sell a house, and you may do the same. After all, you are the only person who should make that decision because you’re the owner and the seller.

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