Why You Should Hire A Real Estate Agent When Selling A Home
Selling a home can be a time consuming and stressful event, but it is well worth the effort when it is done properly. Some people consider trying to sell their house as “for sale by owner” in order to save money on real estate agent fees, but hiring a real estate agent to sell your home is usually worth the cost involved. If you are unsure about hiring a real estate agent, consider the following reasons why having a buyers agent is a good idea:
An Understanding of Your Local Real Estate Market
Real estate conditions fluctuate constantly; one month it may be a sellers market and the next month it could be a buyers market. A real estate agent will understand what is going on in your area and can help you price your property correctly. The price you ask for your home greatly impacts whether you get multiple offers or your house sits on the market without a single showing. Real estate agents know how to do an in-depth custom market analysis to determine what comparable homes in your area are selling for, so you can set the perfect price to attract buyers.
Custom Marketing Plan
Experienced real estate agents know the ins and outs of selling a house. In most cases, it takes more to sell a home than just putting a “For Sale” sign in the yard and making an MLS (Multiple Listing Service) listing. Before hiring a real estate agent to sell your home, ask about the marketing plan they typically use. A good real estate agent will be able to thoroughly explain each step that he successfully uses to get homes sold.
Many real estate deals are all about negotiation, whether it is on price or concessions that the buyer will ask the seller to make. If you work with a good real estate agent, someone who is very experienced in negotiation will be working on your behalf. Your real estate agent will speak with the buyer’s agent to work out a deal that is fair to you and nets you the most money possible.
A Person Who Sees Your Home Through a Buyer’s Eyes
Your house may be perfect for you, but there may be things about it that are off-putting to buyers that you are not even aware of. A real estate agent knows what buyers are looking for, and your agent will make suggestions in regards to what changes you may want to make in your home to make it more marketable. A lot of changes may be cosmetic, such as repainting walls, changing fixtures, or making repairs, but they can pay off when you start getting offers on your home. Contact a group like RE/MAX Coast Mountains for more information.