What Are Real Estate Services?

If you’ve ever worked with a real estate agent or broker,then you have likely engaged in some form of real estateservice.

So, what are real estate services? Here are some commonexamples.

Home preparation. Home preparation refers tothe general process of preparing your house for selling. Thisinvolves cleaning, managing repairs, and home staging.

Repairs, no matter how seeminglyminor, should not be overlooked. This will help ensure that yourhome passes inspection with flying colors.

Buyers will also tend to bid less ifthey see that the house is a fixer-upper. Each ‘flaw’they find becomes a reason to request for concessions.

Home staging. Home staging is when you showcase yourhome’s best assets in preparation for selling. The goal is toimpress potential buyers and to sell the house faster, at thehighest possible price.

Staging is different from decorating.The latter is an expression of your personal aesthetic. The formeris a technique to make your home more appealing.

According to the 2019 Profile of HomeStaging report from the National Association of Realtors (NAR),home staging increased the offer price by 1% to 5%,vis-à-vis similar un-staged homes. It also found thatstaging makes it easier for buyers to visualize the house as theirfuture home, which then helps to sell homes faster.

Other Types Of Real Estate Services

Virtual staging.This is the process of creating realistic virtual images of homesfor sale. This can include adding furniture to photos taken of thevacant home. Essentially, it’s the online version of homestaging. This type of staging has a faster turnaround time and ischeaper compared to traditional staging. It is also more convenientfor potential buyers, especially for those who are out of town orcountry.
Real estateappraisal. An appraisal is an estimate of the marketvalue, based on several factors. It is conducted by an appraiser,who is a person trained and licensed to estimate the market valueof a property. In Florida, a real estate appraiser must at leasthave a high school diploma or equivalent and must complete 103hours of board-approved appraisal education. A real estateappraisal is used by mortgage lenders to assess whether theproperty’s market value is high enough to provide securityfor the loan.
Home inspection.During this process, the inspector will check theproperty’s current condition and safety. This will includethe structure of the house and its internal systems.

The home inspection is usually arranged and paidfor by the buyer. Based on the findings, the buyer can opt torenegotiate the price, request repairs, move to close the deal, orin some cases, cancel it altogether.

The seller can also arrange an inspection before listing theirhome on the market to increase the chances of a faster andhigher-priced sale.

Top Real Estate Agency In CentralFlorida

If you are looking for real estate services inFlorida, Corcoran Connect is a top choice. The team,headed by veteran broker Jeanine Corcoran, is renowned in theregion for its unparalleled commitment to client satisfaction. Andthe proof is in the pudding; check out the testimonials here.

Visit Corcoran Connect official YouTube channel for freeexpert insights or better yet, call 407-953-9118 to organize apersonalized consultation.