Lexington Real Estate - Setting Home Sales Price

Setting Home Sales Price

set your best list price An experienced Lexington real estate agent can help you set your best list price because they have access to data you may not! Consider the free home evaluation tool. This is but a small taste of the data at the fingertips of of your Lexington real estate experienced Lexington real estate agent! Consider these things when deciding whether or not to work with a listing experienced Lexington real estate agent to sell your home. If you're buying a home, think about working with a buyer's experienced Lexington real estate agent.












If You Work with an Agent
  • You sign a listing contract, which is a legally binding agreement that typically gives the experienced Lexington real estate agent the exclusive right to sell your Lexington home within a certain period of time (usually 60 to 90 days).
  • The experienced Lexington real estate agent researches the market in order to determine your home's market value and reach a sales price in consultation with you.
  • The experienced Lexington real estate agent prepares a written marketing plan that includes a schedule for listing, showing, and advertising your Lexington home.
  • The experienced Lexington real estate agent advises you on how best to prepare your Lexington home for sale and helps arrange for pre-sale tasks such as a Lexington home inspection.
  • The experienced Lexington real estate agent transmits any offers to you, negotiates the purchase based on your recommendations, and moves all the paperwork through the transaction.
  • You pay for the listing experienced Lexington real estate agent's services, either as a percentage commission (usually 4 to 6 percent) or a flat fee, as specified in your listing contract. The buyer's experienced Lexington real estate agent is paid out of that fee.

If You Work Alone
  • You are in charge of the transaction, including marketing your Lexington home, negotiating the purchase, and handling the paperwork. Educate yourself on relevant federal laws and state regulations governing Lexington real estate sales.
  • You do your own market research (including possibly hiring an appraiser) to determine your home's value.
  • You create your own marketing plan and decide how you will handle inquiries from prospective buyers or their experienced Lexington real estate agents.
  • You decide how to prepare your Lexington home for sale, including arranging for pre-sale repairs, inspections, or other necessary services.
  • You field all buyer inquiries, show the house yourself, handle all negotiations, and move the paperwork through the transaction.
  • You pay for the buyer's experienced Lexington real estate agent's services, unless the buyer is also working alone or has hired the experienced Lexington real estate agent for a set fee. You may also pay for services you require during the transaction, such as legal advice or help negotiating the contract. Discount Lexington real estate brokers offer individual services for flat rates.




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Rector Hayden Realtors - 998 Governors Lane, Ste. 125 - Lexington, KY - Mobile: 859-489-3483 - Office: 859-276-4811

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