The Benefits of Having an Agent When Selling your Home
Many home sellers believe that selling a property is as easy as putting a ‘For Sale’ sign in the front yard and waiting for the right buyer to come along, but the reality is that selling a house on your own is far from an easy task. Unless you’ve got the time, energy, patience and real estate knowledge required to successfully navigate the local market, investing in the help of an experienced real estate agent can be well worth the cost. From marketing your property to local agents to dealing with potential buyers, real estate agents are experts in the home selling process with access to the necessary tools and networks required to ensure that you get the greatest return possible. Despite the benefits, some sellers continue to roll the dice by listing their property without professional assistance. Let’s take a look at some of the major benefits of enlisting an agent when the time comes to put your home on the market.
Real estate agents are the ultimate source of knowledge when it comes to your specific market needs, and supplementing your knowledge with that of a professional is a great way to successfully sell your home.
Sometimes, the best way to prove your knowledge is to admit that you don’t know everything. Real estate agents are experts in the specific information needed to quickly sell your home. Keeping up with specific market trends and the overall condition of the housing market, a good agent will be able to help you structure the right strategy to get your home sold without putting an unnecessary pinch on your hectic schedule. With today’s busy lifestyle, having one less thing to worry about during a move can be a priceless investment. Getting your home sold without sacrificing on price or time is every good agent’s priority.
Deciding on an appropriate list price should involve a variety of factors to ensure that buyers are interested while maximizing your returns. Real estate agents can help you determine the value of your home before listing.
When selling your home, there are few decisions that can have a bigger impact on success than setting a competitive list price. According to About Home, a great way to determine your home’s value is to enlist a real estate agent to perform a comparable market analysis (CMA). By studying similar properties that have recently sold in your area, your agent can determine an appropriate value for your home. By pricing your home correctly, buyers will show more interest, and you’ll be much more likely to receive the perfect offer. List price is also important to ensuring that potential buyers will be able to secure financing, which usually depends on an appraisal of your property.
Getting the word of your home’s listing out on your own can be difficult. Not only are some real estate networks inaccessible without an agent, but many buyers’ agents are reluctant to show ‘For Sale by Owner’ (FSBO) homes to their clients.
While online housing databases make FSBO homes more visible than they’ve been in the past, the most popular real estate databases are still restricted to registered real estate agents. By listing your property on Multiple Listing Service (MLS), your real estate agent can provide your home with improved visibility to qualified buyers and agents throughout the area. Enlisting the services of a real estate agent will also help to reassure buyers’ agents of your intention to quickly sell your home, which opens the door for access to a larger pool of qualified buyers.
Modern purchase agreements are commonly 10 pages or longer and full of technicalities and legal speak that could land you in court if completely incorrectly. Depending on the experience of an agent could save you a lot of trouble in the future.
When it comes to legal documents, there is no room for inexperience. The help of a real estate agent can be crucial to protecting yourself from future litigation if problems arise with your home. According to LinkedIn, the purchase agreement is the single most important document when selling your home. An experienced agent will have access to standardized documents to keep your interests protected in the event of an issue down the road. Using the services of an experienced agent will provide you with valuable peace of mind when completing the sale of your property. Selling a home is a full time job, so it’s a good idea to rely on the assistance of an expert to handle the day-to-day activities of making a sale.
Tom B. is a writer whose interests include Round Rock homes for sale, stand-up comedy and playing trivia.