Completing a Listing Agreement What is a Listing Agreement? It is a contract between you and the brokerage company that the agent represents. It is a framework for subsequent forms and negotiations. It’s important the agreement accurately reflects your property and clearly spells out the rights and obligations of all parties and what is included and what is not included in the deal.

The money invested in improving your home will not always translate into an equivalent return in the selling price of your home. So careful planning is important if you want to increase the salability of your home and make a profit from your renovations. Sometimes the least expensive improvements yields the highest paybacks. A lot of studies have shown that a fresh coat of paint on interior walls returns an average 75 percent payback. So, a $2,000 paint job could increase a home’s selling price by $3500.

Incorrect Pricing Every seller naturally wants to get the most money for his or her product. The most common mistake that causes sellers to get less than they hope for, however, is listing too high. Listings reach the greatest proportion of potential buyers shortly after they reach the market. If a property is dismissed as being overpriced early on, it can result in later price reductions. Overpriced properties tend to take an unusually long time to sell, and they end up being sold at a lower price than they likely would have had they been priced properly in the first place.