5 Reasons you Should Hire a Realtor to Sell your Home
When you think about selling something, you most likely think about how you can maximize your profit, and that is normal! Everyone wants to make a profit. Have you ever thought about trying to sell your house on your own without using a realtor? While choosing this route may not seem like a daunting task, it can end up taking more time to sell or you might even get discouraged and take it off the market completely. When deciding to sell your home, there is a lot of benefit that comes from hiring a realtor versus trying to sell it on your own. Here are five reasons we think that you should leave the DIY’ing to the home improvement and Pinterest projects and hire a realtor to handle this one.
Reason #1: They Price your Home Correctly
Experienced agents know the In’s and Out’s of your local market and how to price the home based on those specifics. The fastest way to sell your home is to price it correctly. You do not want to price it too high and risk your home becoming a stale listing and you do not want to price too low and lose money. If you have an experienced agent working with you, you won’t have to worry about making these pricing mistakes with your home.
Reason #2: They Handle the Negotiating
If this isn’t the main reason that many people choose a realtor then we don’t know what is! Negotiations can be stressful and if you are not educated on the housing market you may be going into a negotiation blindfolded. Selling your home is a major business transaction and it should be handled by a professional. The sale process has three significant negotiations: the initial offer, the counteroffere and the post-offer period (inspections, and requests for concessions). If you are unfamiliar with any of these then you most definitely need a good realtor!
Reason #3: They Get your Home the Exposure it Needs
Part of the fee that you pay to your realtor includes the marketing costs he or she incurs to market your home. You want your home to get the maximum exposure to the greatest amount of potential buyers so a good marketing plan needs to be in play. Your realtor will create the marketing materials, coordinate the internet marketing, host the open houses and network with other agents who may have interested buyers. If you chose to sell your home without a realtor these are costs and time that you are going to have to invest on your own.
Reason #4: The Buyer’s Agent Usually Prefers to Work with an Agent
Most of the buyers in the market are usually represented by an agent. If you are a For Sale By Owner-seller, that can deter agents who prefer to work with another real estate professional. As previously mentioned, there is a lot of negotiating that goes on and a buyer and their agent may likely back out of the deal because of this.
Reason #5: They Keep Everything on Track
Since this is the their professional field of work, they have the experience to work through the sales process efficiently, they know when to step in when there are financing issues and they know how to deal with the buyers’ objections and complaints more easily. Having a realtor helps to keep the process on track and moving along smoothly.
If you are thinking of selling your home on your own, it is definitely worth considering the benefits that you will gain from hiring a realtor. Remember, they are the professionals who know the market and the industry, and they will work with your best interest in mind.