Posted on: 9 June 2017
If you've bought and sold a home a few times in your life, you may be tempted to sell your current home by yourself. However, working with a real estate agent is more important than ever if you want to sell your home in a reasonable amount of time at a good price. Think of the homes you've seen for sale by the owner only to have a real estate's sign in the yard a few weeks later. It's hard to sell a home on your own because a new home is a huge investment for the buyer. Here are a few reasons why you should let an agent help you sell your home.
An Agent Has Marketing Experience
Thanks to the internet, your home can get a lot of exposure to potential buyers. That only happens if you pick an agent that's good at marketing. The agent should take high-quality photos of your house along with a video tour. A 360-degree tour is a nice marketing touch too.
The photos and videos can then be posted in MLS listings, the agent's website, and various social media sites. This gets your home in front of many interested house shoppers. It also helps weed out those who might waste time touring your house only to find out it isn't what they want or can afford.
An Agent Helps Establish The Selling Price
While you can list your home for any price you want, a real estate agent helps you find the sweet spot that attracts buyers more quickly. If you price your home too high, you may scare away buyers. Then, weeks or months later other buyers will shy away from your house wondering what is wrong with it that it has been on the market so long.
You want a fair price for your house taking into account what homes in your neighborhood sold for recently and the economy. An agent provides you with the background research you need to come to a price that attracts buyers and gives you the money you need to get out of your house and into a new one.
An Agent Understands Real Estate Law
An agent isn't a lawyer or paralegal, but a good one understands real estate law well enough to keep you out of trouble as you sell your house. In addition, there are mounds of paperwork to fill out and procedures to follow that may not make sense to you if you've never actually sold a home by yourself without the help of an agent before.
An agent has your back so you don't agree to anything or sign anything you might regret later. An agent understands both the selling and buying process and is in a good position to negotiate so both sides are happy with the offer and counteroffer process.
Even with the help of a good real estate agent, a home sale can run into snags. A home inspection may find a problem you didn't know about or your potential buyers may have their loan fall through at the last minute. An agent helps you recover from these disappointments and keeps working to get your home sold, which is something you might not have the time or knowledge to do on your own.Share