5 Advantages of Selling your Home with an Agent
Selling your home with the help of an agent might seem like the obvious solution. However many people choose to list their homes FSBO (for sale by owner).
Even though this cuts out the commission paid to the agent, the seller essentially loses a long list of other advantages.
Having a real estate agent sell your house gives you an added layer of protection. It is also convenient because you don't have to do everything yourself.
Here are a few more reasons why it is beneficially to let an agent list your house when selling.
1) An agent offers effective pricing strategies
One of the advantages of having a professional real estate agent on your side is the fact that they know the market very well.
They have the necessary knowledge to come up with a pricing strategy so that you get the value of your home upon selling.
When you sell the home yourself, it is often difficult to determine the true value of your home.
There is also no way to find out what the value of homes in the area is because sellers don't have to disclose final selling prices.
Thus FSBO homes are often over or under-priced in which case either the seller or the buyer will lose out.
2) An agent can suggest improvements for a quick sale
Agents don't just have knowledge about the real estate markets but they come with resources that will help sell your house faster.
They know the tricks of the trade and what you need to do to make your home look more appealing.
A real estate agent can point out the small faults in your home that you don't always see. A fresh coat of paint or minor repairs may get you a higher offer.
They can also guide you during an open house and help you highlight the best features of your home.
3) You have access to marketing networks
While it is quite easy to advertise your home, real estate agents can give you access to a wider range of marketing channels.
They can guide you through an online platform as well as print media.
As all salespeople, real estate agents need to know the ins and outs of advertising in order to sell their product - your house.
They will know exactly which online platforms get the most traction and they have many contacts to whom they can advertise your home.
4) An agent is dedicated to selling your home
The average homeowner is possibly someone with a day job which means that their time is limited.
It is impossible to put the same amount of time and effort into selling your own home as a real estate agent would.
Real estate agents have one job and that is to sell homes to the best of their ability. They can focus all their energy on selling your home. This means you have someone who is 100% dedicated to the sale.
Selling a home part-time is not easy and it might not work out at all.
5) Agents do your paperwork for you
Real estate agents do most of the paperwork and administrative duties on behalf of the seller.
They are well-versed in legal jargon and real estate language. They might understand the terminology in documents that you don't.
Agents are also responsible for all the legalities so you don't have to worry about it.
All you have to do is get your million-dollar signature ready and get excited about selling your house.
Final thoughts
While there are pros to selling your house FSBO it is not always an easy process.
If your time is divided between work and family, you might not have enough hours in the day to sell your own home.
Real estate agents come with expertise and knowledge in the real estate field. They will be able to guide you, listen to your concerns and suggestions, and think of the best possible strategy for selling your home.
Listing the help of a real estate agent is, ultimately, the best thing you can do for yourself and the sale of your home.