Home Seller Tips in Tulsa: What Does it Mean to “Buy a Listing”

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When listing your house for sale in Tulsa, take the time to interview your Real Estate Agent. Be careful not to fall into an agent’s trap of “buying your listing”. What does this mean?

As you prepare to put your home on the market, you’ll meet with agents to determine how much you should list your home. It’s tempting to choose the Realtor® who suggests the highest price. However, keep in mind that it’s their job to build a relationship with you, to work towards listing your home. One of the “traps” some agents use is to suggest a higher than expected asking price, essentially “buying your listing”.

However, your home isn’t sold until you have a buyer and closing is complete. If your home is overpriced and not receiving offers, it may stay on the market for a long time. Home buyers may then wonder if something is wrong with your house.

Don’t be tricked into thinking the best deal is the highest price. The best deal is getting to the closing table in a timely manner OR as soon as possible. Take the time to interview your Realtor® and hire based on qualifications. Download my FREE home seller report “20 Questions You Must Ask Your Next Realtor® Before You Sign on the Dotted Line for a complete list of questions to ask your real estate agent before listing your home for sale.

 

Featured Properties

6718 S Atlanta Ave., Tulsa – 4 Bedroom home in beautiful Williamsburg neighborhood. Updated kitchen with Stainless Steel appliances. Short Sale subject to lender approval. Listed at $245,000

7201 W Edison Street – 55 acres luxury home with 6 bedrooms, 5 full baths, and an amazing kitchen with 3 Sub-Zeros. Property includes a 24 stall barn with living quarters. Listed at $1,750,000

6122 S Garnett Rd – Commercial property. One vacant space in the front. Back half is vacant. Located in a commercial location at the high traffic intersection of 61st and Garnett. Listed at $990,000

For a complete list of active listings, visit homeguidetulsa.com

For real estate questions, contact The Baskin Real Estate Specialists of eXp Realty at 918-732-9732 or darrylbaskin.com

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