For couples and families, a home is more than just a building to live in. It is an anchor that holds the family and all of its memories lumped together. When divorce happens, it can serve as a devastating blow, as it suddenly becomes necessary to let go of such fond memories. However, questions regarding the sale of the home and who gets what after the divorce comes through soon dominate the minds of everyone involved, thus becoming the most important topics of the day. Although this is a stressful time for everyone, it doesn’t have to be. In fact, the home selling experience can be something of joy as it is a time to start over with a new life. But getting a reputable agent is key to a swift and successful sale, and that’s all the more reason to start doing some serious homework. Here’s some steps for choosing an agent while learning how to sell a house fast in a divorce.
Who get’s the house?
Factors involving the behavior and actions which resulted in the divorce are typically ignored as more practical factors regarding money and what bills remain to be paid must be considered in the divorce settlement. However, judges reserve the right to give the property over to the more honest of the two parties, while considering who is least likely to squander money for his or her own personal benefit. Other aspects involved in who gets the property include which partner has made the most in payments and their level of education. Since most judges would rather avoid the complex details of property settlement in divorce proceedings, they will frequently advise couples to sell the family home as soon as possible to avoid further conflict. That’s where choosing a qualified real estate agent comes in handy.
Problem Solving Mindset
The first quality to look for in an agent is a problem solving mindset. A successful agent must keep in mind that each problem has more than one solution. They should also find ways to market your home creatively to ensure that it will get sold in a timely manner. This includes showcasing the property and creating flyers designed to grab the attention of potential buyers. The goal is to motivate a sale without forcing it.
Another step that would help in speeding up the process of a sale is to seek an agent who has the entrepreneurial mindset. This means that the person must be self-motivated, driven, and willing to think on their feet. Creative solutions require the ability to churn ideas in giving presentations and promoting sales while making smart decisions fast.
Honesty And Integrity
Honesty and integrity are other good traits of a qualified agent. Before choosing an agent, be sure to check and see if they are members of the National Association of REALTORS®. This provides sellers the added assurance that any chosen representative will be held to a high standard of business ethics.
Motivated and Passionate
A good agent is a motivated professional who displays passion for what they do. Finding leads and following up on them is a huge part of the job. The selling process is not just about working hard, but about working smart and drawing on good sales acumen. Attention to detail is critical because the agent needs to take time to get to know the needs of both buyers and sellers and be able to work with each accordingly. Time management and good communication are key to securing a sale within a limited amount of time and expediting a swift closing.
Knowledge of Home Value
Selling a home has many advantages, and it pays to have an agent on board. One major advantage is that both parties will get the extra cash needed to get a fresh start after the end of a bitter battle. The best way is to hire a reputable agent who is familiar with current market conditions and who knows what it takes to put value into your home. Whatever payments were made, as well as maintenance and upkeep, can all add to the overall equity of the home, which is something that can be cashed in on. Generally speaking, whoever is raising the children after the divorce is the one who will be awarded the rights to the home. But, under Texas law, if the courts deem it unfitting for the children to live in that home, there is an exception to the rule. When there are no children involved, then the courts can decide to whom the house should go. In cases where one spouse has made more cash investments into the home, then that person is granted the rights to the home, including compensation for payments after a sale is made. Whoever can afford the remaining mortgage payments is the one who gets the home. But in order to avoid these situations, most courts will mandate that the property be sold in a timely manner and at a price that ensures that both sides receive fair payment.
Dividing the Property
Because property sales can be so complex, seeking wise counsel from a qualified real estate agent is a must. That person can help in showing couples ways to divide the property in which they have lived throughout the duration of the marriage. Moreover, hiring an agent will take the edge off of the stress that is commonly felt by both parties in the midst of a divorce settlement. For couples who have trouble agreeing on an agent, there are two options. The first is to consult with the agent who had sold the house to them. If that person is not available, then having a trusted friend or relative can help in choosing the right alternative for them.
A good agent can advise the couple on setting a decent asking price on the home being sold. Couples who are going through the stress of divorce proceedings can have the added peace of mind in knowing that someone else can take the wheel during the selling process. This eliminates the potential for further disputes and can help in fast-tracking the sale of the home as the couple prepares to move on after a divorce. But good intuition is necessary in getting a strong vibe regarding the agent. If husband and wife agree that an agent is not the quality person that they were hoping for, then it never hurts to get another opinion. Checking in with another agent or hiring a new one may become necessary at this point.
A real estate agent can be very helpful in tackling the challenges of selling your home. They can come to the home, give a listing presentation, and offer an overview of all of the services that they can provide. A good agent will have already done their homework on the history of your property in terms of accessing tax records and its sales history. They will know how to set a good price on the home by looking at past selling trends to see what previous owners have charged. The agent can do a quick inspection and offer tips on how to spruce up your abode to boost your sales.
Once the spouses have agreed on an agent, then the real work begins. That agent can ease the process by taking over all of the responsibilities of selling a home, such as forming a good marketing plan for putting the place up for sale and attracting potential buyers. For regions that have multiple listing services (MLS), that agent can enter the property’s information into a database where other agents can access the home’s selling price. This can be done as part of a real estate network where another agent is representing someone in need of a home but doen’t have one to sell yet. When that agent sees the listing, then he or she can contact the agent who made the listing and set up a time for the prospective buyers to come and take a look at the home that is up for sale. Once an offer is made, one of two things can happen. Either the agent accepts that offer, or a negotiation is made. Once either is done, then a contract of sale is drafted and signed. This includes an agreement that a title must be cleared free of any liens so that it can be easily transferred during the sale. Once this has been done, then a closing happens where a commission is paid to the agent. The distribution of the money from the sales must be done at the discretion of the agent who represented the sellers during the deal. A portion is given to the buyer’s agent for their role in the process.
A good agent can help educate buyers regarding the home, thus lessening the responsibility of the couple amidst divorce proceedings. By getting to know potential buyers, their wants, needs, and financial prospects, then they can fast track the sale of the home by narrowing the buyer’s search. This is done when they find ways to entice buyers into purchasing the home by highlighting its positive aspects, thus making the sale more appealing. Additionally, that agent can work as an effective advocate who protects the financial interests of both buyer and seller during the negotiation proceedings. For the buyer, they may be able to broker a good price while ensuring that the seller gets the portion that is due to them.
Repairs, both large and small, are but a few of the factors involved in the selling process. Forming an agreement on how and where to secure the funds needed for these projects must be done by all parties involved. Once everyone has moved out, the agent can take over the preparations needed in getting the house ready to be shown to potential buyers. Hiring a friend or a relative may become necessary to help with the cleanup process. Furniture and other personal belongings should also be removed to secure a good impression for multiple showings.
With help from a reputable agent, negotiating an offer can be done. Whatever offers come in should be reviewed to ensure that they meet the pricing standards as agreed by all parties, especially the agent. Although an agent’s advice is recommended, it becomes the sole responsibility of the couple to set a price and stick with it.
Contact Your Local San Antonio Agent
When it comes to homes in San Antonio, Adrian Garza Delgado is the real estate agent to contact. Adrian has connections in Mexico and will get the best buyer for the property. Adrian has the CIPS designation and is a member of the Real Estate Agents Association in Mexico, AMPI. You can contact Adrian and discuss details concerning the sale of your home using the details below:
Adrian Garza-Delgado, 210-595-9492, email@example.com