There are many benefits to working with an agent you trust that will help guide you through the selling process. If you’re considering selling on your own (For Sale by Owner or FSBO), or maybe simply want a little more insight as to what agents do behind the scenes, keep reading! Here are 6 reasons you’ll win by listing with a real estate agent:
1. COVID Safety Standards
Your families safety should always come first. Given our worlds current situation, it’s more important than ever to regulate who is entering your home and when. We put certain protocols in place to help ensure the safety of our clients & follow the latest industry standards provided by the National Association of Realtors.
2. Online Marketing Strategy
Recent studies have shown that even before the Pandemic, 44% of Buyers were looking online as their first step in their home search. You can only imagine those numbers have grown dramatically with the Pandemic. This is why online marketing & virtual tours real estate agents provide are so important to the sale of your home.
In all real estate transactions there are MANY negotiations that go down. Some small, some big, but all are important! Throughout the transaction inspections will reveal all flaws with the home, your disclosures will certainly give the buyer and their agent more insight to the condition of the house, and if the appraisal comes in low you’ll need to negotiate that as well! Those are some of the more common hurdles, but certainly not all that could arise. Negotiating with an agent who does this as their job gives them the upper hand in these negotiations, so be prepared!
4. Buyer Qualification
Finding a buyer (or multiple) to purchase your home is the first step. Ensuring the buyer you move forward with is in fact qualified to buy is equally as important. It is extremely difficult to be involved in the loan process of your buyer as an owner. Real Estate agents know the proper questions to ask, and deal with transactions all the time. This gives them the knowledge to know when something is up or doesn’t look right. To complicate it even more, loan programs are always changing. What is available today could be gone tomorrow, so having a knowledgeable agent who works with many different lenders will ensure you buyer makes it to closing.
5. Legal Aspects
This is a major reason why less and less people are selling their home themselves. The amount of required disclosures & regulations increases every year it seems. It’s harder than ever to keep up and ensure you are protected against any law suits.
6. Net More Money
According to the National Association of Realtors, FSBOs typically sell for less than other homes that are listed with a real estate agent. Last year, the median sale price for FSBO homes was $200,000. Which is signiﬁcantly lower than the $280,000 average of homes sold with a real estate agent.
The bottom line here is listing your home yourself leaves you completely alone. There is no harm in having a real estate consultation with a trusted professional. We can crunch numbers and find a solution that works for you & still set you the most amount of money! Give me a call today to discuss your options.