Meet Eric Locke, a top-rated realtor in Wichita Kansas, with over 20 years of experience in the Real Estate Industry. As the founder and lead agent of the Eric Locke Team Realtors, Eric is dedicated to helping his clients buy and sell homes with confidence and ease. With a wealth of knowledge and a commitment to excellence, the Eric Locke Team is your go-to source for all your real estate needs in Wichita.
Meet Eric Locke, a top-rated realtor in Wichita Kansas, with over 20 years of experience in the Real Estate Industry. As the founder and lead agent of the Eric Locke Team Realtors, Eric is dedicated to helping his clients buy and sell homes with confidence and ease. With a wealth of knowledge and a commitment to excellence, the Eric Locke Team is your go-to source for all your real estate needs in Wichita.
We are the best Wichita Kansas Real Estate Agents and here is why: With more than 20 years of experience in the Wichita Real Estate Market, we understand that buying or selling a home in Wichita Kansas or surrounding areas is more than just a transaction: it's a life-changing experience. That's why our Wichita Kansas real estate agents are dedicated to providing exceptional, personalized service for all of our clients. We take great pride in the relationships we build and always work relentlessly on the client's behalf to help them achieve their real estate goals.
The Eric Locke Team Realtors is a well-respected and established residential real estate company located in Wichita, Kansas. With over 20 years of experience in the industry, the team has established a reputation for providing high-quality and personalized services to their clients.
Their extensive knowledge and experience in residential real estate makes them a trusted and reliable choice for anyone looking to buy or sell a home in the Wichita area. The team is committed to helping their clients navigate the complex real estate market with ease and confidence. They take the time to understand their clients' unique needs and preferences, and use this information to help them find the perfect home that fits their lifestyle and budget.
The Eric Locke Team Realtors is a well-respected and established residential real estate company located in Wichita, Kansas. With over 20 years of experience in the industry, the team has established a reputation for providing high-quality and personalized services to their clients.
Their extensive knowledge and experience in residential real estate make them a trusted and reliable choice for anyone looking to buy or sell a home in the Wichita area. The team is committed to helping their clients navigate the complex real estate market with ease and confidence. They take the time to understand their client's unique needs and preferences and use this information to help them find the perfect home that fits their lifestyle and budget.
If you are looking to sell your home in Wichita, we can help you navigate the competitive real estate market to get the best possible price for your property. We have a wide network of contacts in the industry.
By listing your home with a realtor that has an extensive network of potential buyers, you can increase your chances of finding a qualified buyer quickly and efficiently.
In addition to having access to a large pool of buyers, working with us can provide other benefits. For example, we can help you navigate the complex process of selling a home, from setting an appropriate listing price to negotiating offers and closing the deal.
We can also provide valuable insights into the local market and help you make informed decisions about your sale.
As Wichita real estate agents, we understand that effective marketing is key to selling your property quickly and at the best possible price. That's why we use a variety of innovative marketing strategies, such as professional photography, virtual tours, and targeted online advertising, to showcase your property and attract potential buyers. We also have an extensive network of contacts and use our industry expertise to connect with other local real estate professionals and spread the word about your property. With our marketing approach, we ensure that your property gets the attention it deserves and stands out in a competitive market.
Setting the right price for your home is crucial to attracting potential buyers and selling your property quickly. At Eric Locke Team Realtors, we use our in-depth market knowledge and expertise to price your home competitively and accurately in the Wichita, Kansas real estate market. We conduct a thorough analysis of market trends, comparable properties, and other key factors to determine the ideal price point for your home, ensuring that it attracts potential buyers while also maximizing your return on investment. Our goal is to help you sell your home quickly and efficiently, without leaving any money on the table.
Our team of real estate agents in Wichita understands that negotiating the best possible deal is crucial to achieving your real estate goals. Our team of skilled negotiators has extensive experience working with buyers and sellers in the Wichita, Kansas market, and we have a proven track record of securing favorable outcomes for our clients. Whether you are selling your property or buying a new one, we will work tirelessly to negotiate the best possible deal for you, using our expert knowledge, strategic thinking, and communication skills to achieve the optimal outcome. With our help, you can rest assured that you are getting the best possible value for your property in the Wichita, Kansas real estate market.
If you are looking to buy a home in Wichita, we can help you find the perfect property that meets your needs and budget. Our team will guide you through every step of the buying process, from searching for homes that fit your criteria to negotiating the best possible deal.
One of the biggest advantages of working with us is our access to a wide network of contacts in the industry, including many sellers in the Wichita area. This can give you access to properties that may not be listed on the market yet or help you gain an advantage over other potential buyers.
As experienced real estate agents in Wichita, Kansas, we know what it takes to find the perfect home for you. Here are some things to consider when buying real estate in Wichita:
The real estate market in Wichita, Kansas, is highly competitive, and it's important to work with an experienced real estate agent who has a thorough understanding of the local market.
Wichita is home to several charming neighborhoods, each with its own unique character and appeal. We can help you find the right neighborhood that meets your lifestyle and budget requirements.
Wichita is known for its excellent schools, and we can provide you with valuable information about the best schools in the area to help you make an informed decision.
Wichita offers a variety of amenities, including cultural attractions, outdoor activities, and entertainment options. Our team can help you find the amenities that are important to you.
With a strong job market and an expanding economy, Wichita is a great place to invest in real estate. We can help you identify properties with high investment potential to help you make the most of your purchase.
Our team can provide you with information about financing options to help you find the best possible mortgage for your new home.
As experienced negotiators, we will work to get you the best possible deal on your new home, saving you time and money.
Our team will conduct a thorough inspection of the property to ensure there are no hidden defects or issues that could affect the value of your investment.
At Eric Locke Team Realtors, we are committed to providing you with expert guidance and support throughout the entire buying process. Contact us today to start your journey toward finding your dream home in Wichita, Kansas.
As a real estate agent, I have a variety of tools and strategies that I use to market properties to potential buyers. These include:
By using a combination of these strategies, I am able to reach a wide audience of potential buyers and showcase each property to its best advantage.
Finding a good local real estate agent in Wichita, Kansas can be a daunting task, but with a little research, you can be sure to find the right agent to suit your needs. One of the best Realtors in Wichita Kansas is Eric Locke Team Realtors, led by experienced Realtor Eric Locke. Here are a few tips to help you get started:
As a real estate agent in Wichita Kansas, my top priority is to ensure that my clients get the best deal possible when buying or selling a property. To do this, I employ a variety of strategies, such as:
Staying up to date on market trends: By constantly monitoring the local real estate market, I am able to advise my clients on the best time to buy or sell and what types of properties are in demand.
Providing detailed property analysis: I provide my clients with a detailed market analysis of properties, including comps and pricing trends, which helps them make informed decisions.
Negotiating on my client's behalf: I have the expertise to negotiate effectively on behalf of my clients to ensure they get the best possible price and terms.
Networking: I have a strong network of contacts such as other real estate agents, mortgage brokers, and home inspectors, who can help me find the best deals for my clients.
To determine the value of your home, we will consider various factors such as the location of your home, the condition of your home, the size and layout of your home, and the recent comparable sales in your area.
The location of your home is a major factor in determining its value, as homes in desirable neighborhoods typically have a higher value than homes in less desirable areas.
The condition of your home is also important, as a well-maintained home in good condition will be worth more than a home that needs repairs.
The size and layout of your home, including the number of bedrooms, bathrooms, square footage, and lot size, also play a role in determining its value. Lastly, recent comparable sales in your area, such as the prices of similar homes that have recently sold, will be taken into consideration. Either way, I will try to give you the best prices in the market.
The buying process of a house can include the following steps:
Determining the asking price for a property can be a complex process, but as a real estate agent, I use a variety of methods to arrive at a fair and accurate price. These methods include:
In our local Wichita KS surrounding area, it takes on average 30-45 days to close a purchase or sale when the buyer is securing a loan for the purchase.
If the buyer is paying cash, then it could close as soon as 5 days if the title insurance is rushed & both parties agree.
Throughout the process title insurance often takes 14 days or more to be completed and the buyer's appraisal often takes 2-3 weeks or sometimes longer depending on the buyer's loan type. Once those items are to the lender, then the lender often needs 7-10 days for underwriting approval and 3 more days for disclosures before closing can happen.
When the market is busy with sales & refinances, we typically see a 45 day closing time frame as standard. That also gives both parties plenty of time to make arrangements for moving and living changes.
There are many reasons why using a realtor to sell your home can be beneficial:
In summary, using a realtor to sell your home can provide you with the expertise, resources, and support you need to navigate the complex process of selling your home, and to help you get the best price for your property in the shortest amount of time.
As a real estate agent, communication and keeping my clients updated throughout the buying or selling process is a key priority. Here are some ways I keep my clients informed:
I understand that buying or selling a property can be a stressful and emotional experience, and I strive to make the process as smooth and stress-free as possible by keeping my clients informed and involved every step of the way.
In KS the seller typically pays 6% commission through their listing agreement with the listing agent’s brokerage.
That commission is often split 3% to the seller listing agent's brokerage and 3% to the buyer agent's brokerage.
So the seller pays all commission unless your buyers agent is charging additional fees.
Be it known that the listing agreement only specifies the amount the seller will pay will be 6%, it does not specify that if there is not a buyers agent that it will decrease to 3%.
So the seller pays 6% regardless if there is a buyer's agent or the buyer represents themself in the purchase transaction. In that case the seller's agent gets the full 6% & only represents the seller.
The short answer is no. The model home listing agent/Realtor works for the Builder and or the developer. That means they have a fiduciary responsibility to them first. Sure they can sell you the home, but they more than not will be representing the seller, not you as a buyer.
No, not in South Central KS.
What buyers aren’t aware of is how a new home development usually works. The developer develops the land to be sold for the house to be built upon.
The builder buys the lot from the developer & then starts the build. The developer usually has a “deed attachment” or “deed restriction” placed on all lots sold which state that 6% commission which state “Grantee shall pay the marketing representative for the development in which the lot is located (with half such fee being paid to the cooperating agent, if any) a marketing fee (the “Marketing Fee”) equal to 6% of the sum of the Construction Costs and the original sales price of the Lot paid by the Grantee to Grantor.”
In short, 6% commission (Marketing Fee) must be paid 1 way or another. Either the Model home agent/listing agent’s brokerage receives all 6%, or it is split 3% to the Model home agent's brokerage and 3% to the buyer agent's brokerage representing the buyer.
If 6% is going to be paid either way and it’s not going to cost you any more or any less on the sales price, then, why not have a buyer’s agent represent you?
In KS, special taxes are a tax that the county imposes on a newly built property to cover the cost of sewer installation, drainage, street paving, sidewalks, street lighting, fresh water lines, utilities, etc.
They are levied against the home, not the owner, & stay with the home passed from owner to owner until they are paid off. Typically in Sedgwick & Butler county KS special taxes are amortized for 15 yrs on each property & transfer with ownership.
The rest of the country puts these costs into the price of the initial lot when the house is built.
Special taxes can be added to existing properties, say a home just off the pavement that the county decides to pave the gravel road. Then the county would impose special taxes on that property & any property that benefits from it.
An inspection is a thorough review & testing of all the home's components & condition.
An appraisal is an opinion of value based on similar sold comparables in a set timeframe that is provided to the lender to approve a buyer's loan.
A home inspection is hired by the buyer and should consist of a licensed home inspector/company. The inspector will thoroughly inspect all the aspects of the home on behalf of the buyer. A home inspection is very thorough & often takes a minimum of 2 hours and sometimes up to 4 hours to complete.
A home inspection is provided just to the buyer that paid for the service and then can be shared during repair requests and repair negotiations.
An appraisal is paid by the buyer up front when the loan process is started, however it often takes 2-3 weeks to be completed. Depending on the buyers loan type the appraiser will follow a set guidelines on condition requirements and usable comparable requirements used to help establish value.
An appraiser is often at the property for less than 30 minutes and his inspection for condition is based on what is readily visible to the naked eye. The appraiser does not test outlets, walk the roof, check plumbing, HVAC, etc. Their report is limited to mostly verifying that the house appears to be “structurally sound, functioning as designed, and safe”.
No, you do not have to get a home inspection. But it is highly recommended that you do. The seller has a legal obligation to disclose all known defects, however, some can be unknown or overlooked. Buying a home is the biggest purchase most people make in their lifetime.
We highly recommend you invest the money for a thorough home inspection. Then based on the results you can try to negotiate repairs and costs or cancel the contract during the specified inspection timeline.
Yes! If they are military then before deployment JAG will often secure a Property Specific Power of Attorney allowing a designated party to sell or purchase a property without them being physically present. If said person is not military, then often we can still use a POA or we can coordinate a separate closing with a cooperating entity at their out-of-town location. This happens quite often and can be accomplished with prior preparation.
Earnest money can be thought of as a “good faith deposit”. The minimum amount is $500.00 however the more a buyer offers often reflects the buyer's interest & is more appealing to a seller during negotiations or multiple offer situations.
In our local KS board earnest money is paid to & held by a mutually agreed upon & specified title company.
Our board contract states that earnest money is then applied to the buyer's proceeds upon a successful closing of the transaction, it can be released back to the buyers after a mutual contract release/cancellation, or it could be released to the sellers to cover any expenses incurred on buyers behalf with a mutual release/cancellation.
It must be mutually agreed upon to be released back to either party for a contract cancellation that doesn’t end in a closing.