Many people will suggest that’s is easy and popular to sell your home on your own. And the same implies that you can easily save a few thousand over the cost of a realtor. But it’s not a simple as it seems.
Anyone can sell a home but to sell a home without making expensive mistakes (and they can be very expensive), takes a real knowledge of real estate.
Don’t kid yourself. There are reasons why real estate agents get paid for what they do. The piece of mind you get with the skills and knowledge an experienced realtor has is worth quite a bit in the long run.
Below is our list of the 6 best reasons to contract with a real estate agent to list your home:
1) Price:
In numerous homeseller surveys, the top For Sale By Owner (or FSBOs as they’re called) concern is determining the selling price. If the price of your house is high based on the area, your home could sit for quite a while. If you list your home low, you run the risk of loosing some of the value of your investment. You’ll maximize your potential selling price with a quick selling time if you hit that magic price number.
2) Price:
Realtors have an advantage in the tools and software they have. The ability to create a CMA (Comparative Market Analysis) is not available to most laymen as well as special access to local markets. Agents have the software and expertise to price your home, with all its features, to sell at the highest price in the shortest time.
3) Price:
Dont’t Forget About the Value of Time: To cover the time between listing and the sale, the expense is about 1% per month. Don’t overlook that. Agents can get your home sold in the quickest time for the best price. If you do overlook that, it can cost you that 1% per month.
4) Marketing:
Lake Norman Real Estate Agencies have access to the MLS (Multiple Listing Service). This service sends regular area listings to licensed Real Estate Agencies. Hey, this is what they do; sell homes. Generally if you can even get MLS, it can be costly for the DIY’er. (Greater Rock Hill SC, “MLS Only” Agencies usually charge somewhere between $295 and $995, but I bet you could pay more.)
5) Marketing:
The Insiders Club. When it comes to finding qualified leads, Real Estate Agencies have an inside line. They handle about 90% of all real estate sales and know how to find those leads. You can’t aregue that Real Estate Agencies have the best lead sources. Most Realtors can email the top real estate producers in your area in moments.
6) Marketing:
It should be easy to see that Real Estate Agencies would know the most effective places to advertise. With over 75% of home buyers starting their search for a home on the Internet (and almost 60% using the Internet at some time in their home search), do you plan to effectively advertise your home on the Internet and push it out to Google Base, Zillow.com and all the other Search Engines? Ask Real Estate Agencies how they plan to advertise your home: with the lawn sign, in print, with flyers and on the Internet.
Do a gut check. Can you handle these things and more? Careful of making that mistake; not knowing everything involved. Agents can save you money in the long run.
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