Top 8 Reasons to Hire a Real Estate Agent to Sell Your Home
On the fence between selling your home “For Sale by Owner” and hiring a real estate agent to sell your home? In this article, we discuss why you should hire a real estate agent to sell your house and the eight benefits of selling your home with a real estate agent.
Why Hire a Real Estate Agent to Sell Your Home?
Hiring a real estate agent makes the process of selling a home much simpler. In an agent-assisted sale, you're more likely to achieve the price you desire and sell quickly. Find out what additional advantages there are to utilizing an agent to sell your house.
If you're thinking about selling your property but don't want to hire a real estate agent, think again. You may know a few possible purchasers, but it does not mean the sale is complete. There are several stages, procedures, and processes that must be followed.
Selling Your Home with a Real Estate Agent
Sure, performing all the work yourself may save you money on the commission you would have paid a real estate agent. However, real estate agents do a lot more than merely show visitors through your house.
If you choose a skilled real estate agent, they'll take care of everything from the paperwork to the networking and ultimately, the sale of the house on your terms. Here are eight more reasons why you should hire a real estate agent to sell your house.
Benefits of Hiring a Real Estate Agent to Sell Your Home
Knowledge of Home Selling
It’s not every day that you sell your home. In fact, some homeowners will only go through the process of selling a few times in a lifetime. But real estate agents do this for a living, which means they have far more experience in selling real estate and the process that goes into it all than you do. Some of the best agents sell more than one hundred homes each year!
One of the major benefits to hiring a real estate agent to sell your home is that a good real estate agent will guide you through the process and make sure you’re comfortable each step of the way. This includes more than just getting the home ready for sale and chatting to potential buyers.
By employing an agent, you can ensure that you keep on top of things without always worrying about where you are in the process.
Experts of the Local Market
Knowing the area where you live is a lot different than having an in-depth working knowledge of your area’s real estate market. Working with a top local real estate agent gives you access to their knowledge of the housing market.
They can bring you up to speed on whether you’re in a buyer’s or a seller’s market, and what that means for the sale of your house. This information at your disposal may assist you in making choices that optimize your profit margin throughout the transaction.
Strategy for Pricing
Another advantage to hiring a real estate agent when selling your home is that they can help you correctly price your property. This is SO important to a successful sale. It’s been said that the price of your property may make or break its sale.
Therefore, you must arrive at a price that is both reasonable for the kind of home you're selling and attractive to local purchasers.
There’s a lot that goes into the process of pricing your home correctly. From local market conditions to comparable properties in the area, having a real estate agent assist on pricing strategy goes a long way toward attracting buyers and demand for your home.
Real Estate Marketing Prowess
Beside all the expertise and knowledge that a good agent brings to the table, the best real estate listing agents are outstanding marketing professionals.
They know how to have the photos taken just right, so that your property stands-out online. They utilize the latest digital marketing techniques and online real estate platforms to get your home visibility and exposure.
Marketing a home is far more than just setting up open houses and showing prospective buyers through the house. Good real estate marketing is a contact sport that utilizes a handful of methods and techniques to get the right eyeballs on your home who will submit offers.
Using an Already Existing Network
Additionally, another reason to hire a real estate agent to sell your home is that you get to tap into their network of buyers and other real estate agents who could bring their buyers.
Instead of spending thousands of dollars on extras such as videos, home staging or renovations, you could simply hire a real estate agent with a deep pool of buyer prospects who are looking for a home like yours. This can greatly speed up the process of selling your house and help you sell for more money.
When you do a For Sale by Owner, you’d be responsible for contacting all your family, friends and work buddies to try and drum up interest in your home. These random contacts and cold calls take a lot of time and return little in the way of results. Why not just use the services of someone who already has the buyers?
There’s a lot of paperwork when it comes to selling your home. You don’t want to mess up the paperwork and sabotage the sale of your home, do you? Using a listing real estate agent to sell your house means having an experienced professional handling all the paperwork for you.
There are documents to consider such as the listing contract, tax information, deed, title and more. Instead of trying to fill out all the forms correctly and keep your records organized, simply hire a real estate agent to help you sell your home.
Someone to Roll Up Their Sleeves
A benefit of using a real estate agent to sell is having someone to roll up their sleeves and do the leg work required to successfully get your home sold. There’s a lot more to home selling that simply hanging a "For Sale" sign in the yard. If you want to discover a broad pool of customers and sell it for the price you desire, you'll need to put in a lot of effort.
There can be a lot of running around and back-and-forth that takes place during a real estate transaction. A real estate agent can take care of a lot of the tedious work for you. Having a housing expert assist you with all these details saves you a lot of time and headaches.
Negotiations and Closing
Once you start getting offers on your home, it’s time for negotiating. An advantage to having a real estate agent sell your home is that you get an experienced negotiator fighting for your best interest in the deal.
Most buyers will be using a buyer’s agent since it costs them nothing. This means that you’ll be facing a trained real estate deal negotiator on your own if you decide to sell by yourself. Why not have someone in your corner, too?
Your real estate agent is there to look out for your best interests. There’s more to discuss than simply the price of the offer; there are items such as conditions, contingencies and closing costs to consider. When you have a real estate agent on your side at the bargaining table, it's a lot simpler to sell your home on your terms.
Hiring a Real Estate Agent to Sell Your Home
There you have it, eight benefits to hiring a real estate agent to sell your home. If you’re thinking about selling and are unsure whether to use an agent, consider these eight advantages of selling your home with a real estate agent.