The proliferation of services that help home buyers and sellers complete their own real estate transactions is relatively recent, and it may have you wondering whether using a real estate agent is becoming a relic of a bygone era. While doing the work yourself can save you the significant commission rates many real estate agents command, for many, flying solo may not be the way to go–and could end up being more costly than a realtor’s commission in the long run. Buying or selling a home is a major financial (and emotional) undertaking. Find out why you shouldn’t discard the notion of hiring an agent just yet.
TIP 1: LIST AT THE RIGHT PLACE
A real estate agent’s full-time job is to act as a liaison between buyers and sellers. This means that he or she will have easy access to all other properties listed by other agents.
Realtors understand the market better and can typically list the house at the correct price. This gives home owners an advantage over listing the property themselves.
TIP 2: BETTER HOME PRESENTATIONS
Presenting a home matters now more than ever. Realtors make sure that these presentations go smoothly. They also have tons of experience in staging homes. In today’s market, it really matters how a home is presented.
TIP 3: GET MORE BUYER EXPOSURE
Buyers often contact a real estate agent before looking at properties. This means there are many buyers in every market that will only be looking at homes listed by an agent. Your home will get more showings and offers by listing with an agent. Agents are crucial to accessing these buyers who are shopping with other agents.
TIP 4: HIGHER OFFERS FROM BUYERS
Higher offers come in when you list with an agent. An agent help to make sure your property is seen by more people. They also make sure that all aspects of the buying process is handled in a professional manner. Having an experienced real estate agent can dramatically impact the offers you receive from buyers.
Real Estate agent not only get the traffic in, they know how to manage it. They can arrange and hold open houses in a way that gets as many visitors as possible. They also work with buyers so that showings are more convenient for you.
TIP 5: NEGOTIATES INSPECTION RESULTS
A real estate agent will be able to identify trouble that you may not see, as well as recommend a good independent home inspector who will provide a detailed report on problems with the house.
Inspections can impact the sale of your house. Having a real estate agent gives you an expert in your corner as you handle this aspect of the sale. Real estate agents are used to dealing with these types of issues and can work through almost any challenge that arises.
TIP 6: SPEEDS UP TIME TO CLOSE
There is a lot of paperwork that has to transpire throughout the closing process. An agent handles all this paperwork daily so they know how to speed up the process. While anyone can spend a few minutes online and pull information on sales of comparable houses, real estate agents have the experience to know whether a specific house is overpriced or under-priced. In the best-case scenario, an agent will have such a good idea of what you're looking for that she won't even waste your time touring houses that won't work.
TIP 7: HOME SELLS AT TOP VALUE
Ultimately, you can sell your home for more money when you list with an agent. Most real estate agents can set a price on a home the minute they walk through the door. If they have a lot of experience in a market, they know how well a neighborhood holds its value, too.