What are the advantages of using a Realtor, and why?
If you're considering selling your house, you might be unsure of whether hiring a real estate agent is truly necessary. You might ask yourself why pay a Realtor's fee on top of all the other closing charges, especially in this economy? But rather because real estate negotiations are so complex , it makes sense in many ways to have a professional on your side. It may be well worth the additional expense to hire a Realtor.
Here's a closer look at why working with a real estate agent is beneficial compared to doing it on your own.
Agents Get You Better Deals!
First and foremost, using an agent to sell your house will probably result in a higher selling price and a better bargain for you.
The National average home sold for $260,000 under for sale by owner (FSBO) conditions, while agent-assisted home sales averaged $318,000, according to a 2021 study from the National Association of Realtors. For sellers who work with an agent, it adds up to $58,000 more in their pockets, more than enough to pay the expense of commissions and leave you with a handsome profit.
The listing for your house will receive more Exposure!
A Realtor will be able to successfully market your house to potential buyers. This involves writing catchy listing descriptions, taking expert images, and using the most recent technologies to advertise your house online.
The local MLS, or multiple listing service, is a tool used by other agents to identify properties that suit their clients' interests. An agent will see to it that your home is included in it. This increases the number of individuals who will view your listing, which increases the number of potential buyers. Your home has a better possibility of receiving an offer or maybe sparking a bidding battle to truly increase the sale price with a larger pool of prospective buyers to view it.
You'll close more quickly and effectively.
Your time is important and you can save time with a seasoned agent. With a lot of back and forth and waiting, the closing process can be drawn out and complicated. And if you choose the FSBO way, you're in charge of everything, including reviewing bids, engaging in negotiations, setting up appointments, and more.
It can be daunting to take on all of those duties on top of having a day job and perhaps having to figure out how to purchase a new home. It is your agent's responsibility to take care of these matters for you. A Realtor will be able to handle all of the paperwork for you and ensure that everything is in order. Selling a home involves a lot of paperwork, which can be very complicated for individuals who are unfamiliar with the process. By having a realtor, the selling process will go much more smoothly.
