TOP REASONS TO HIRE A REALTOR®
A lot of people are successfully selling FSBO (For Sale by Owner), without the services of a Realtor® – why can’t you? Sometimes the sale comes together very quickly with minimum effort. However, that is usually not the case. Most property sales can be a long drawn-out process. Do you have the time, energy, know-how and motivation to sell your own home FSBO? One key to selling your home efficiently and profitably is complete accessibility. Are you willing or available to show the property to potential buyers. Are you prepared to deal with an onslaught of buyers who perceive a home for sale by owner as a potential bargain? One of the challenges of selling FSBO is screening unqualified prospects and dealing with the bargain hunters. Selling for a bargain price may be worse than paying a real estate commissions. Do you fully understand the steps required in selling a home? Many home sales have been lost because of incomplete paperwork, lack of inspections, inadequate contracts etc.
HOME WILL NOT SELL IF IT ISN’T PRICED RIGHT
Selling a home in today’s market is not like it was years ago. The market, as well as the buyers, are much more knowledgeable and the laws are more complex. Your house will not sell if it is not priced right. An experienced Realtor® can provide a seller with a Comparative Market Analysis (CMA), so the seller knows what the home is actually worth, instead of what the seller feels it is worth. A Realtor® can provide an independent and objective view which can be the difference in making a sale.
A Sales Contract is only the beginning… Appraisal, Inspection, Title Search and Financing all pose possible pitfalls in a Real Estate transaction. A Realtor has all the resources and can provide the answers for understand the legal paperwork. A Realtor will resolve the issues and can move a transaction successfully to closing.
Realtors® are experienced negotiators. Are you ready to negotiate with the buyer or the buyer’s agent? What if you get multiple offers? A Realtor® will be able to assist in all the necessary negotiations. The best way to get the best possible deal on your home is to know the market intimately and a local Realtor® does.
In selling your home, you’ll likely need a handymen, plumber, painter, general contractor, floorers – basically, services you’d need to spruce up your new home, and of course a real estate lawyer. Finding reputable providers can be challenging. Most Realtors® have a list of preferred vendors to assist with any home repairs needed, mortgage/financial contacts and most Realtors have in-house attorneys to handle the closing.
You may think you are able to save yourself thousands of dollars in Realtor® commissions, but remember 94% of all Buyers utilize agents to help them find a home to purchase and Realtors® are not going to bring buyers to your property if no commission is offered. You likely will have to offer a buyer’s commission to entice Buyer Agents. Finally, FSBOs take longer to sell and most sellers end up listing with a Realtor which equates to an average of 2-3 months longer on the market. Thus, hiring a Realtor® to sell your home will result in your home selling faster, a smoother transaction, and ultimately saving you more money in the long run.