Why choose a realtor versus selling a home privately?
When you decide to sell your home, you would obviously want to get the best value for it and not settle for anything other than your asking price. You might even think about selling it all by yourself because you know that if you hire a realtor, then you will have to pay him a portion of the money that you will get when you sell your home in the form of a commission.
However, this is not the case with everyone as not every realtor is out to extract a huge commission from home sellers. A good realtor will charge you just a nominal fee, moreover, he will offer you a wide range of specialist services that will help you get a great price for your home that will exceed your expected price for it. Here are some of the benefits of choosing a realtor versus trying to sell your home privately.
1. A realtor can help you find prospective buyers:
With the help of a realtor, you would not have to undertake the tedious task of searching for buyers yourself. Real estate agents usually know all the potential home buyers and sellers in a particular area. Therefore, they would be the right people to go to when you are searching for a buyer for your home.
When it comes to selling your home, finding the right buyers is crucial or else you could be just wasting your time showing your place to people who would be unlikely to buy. A realtor will help save you the time and effort of hunting for prospective buyer’s day in and day out.
2. Enquiry handling:
Selling your home is not as easy as it seems. You will have to devote a reasonable amount of your time each day to deal with inquires that will keep pouring in, where people will ask you various details about your home. If you are busy at work and not available to take these calls, then you could possibly lose many good buyers.
Using the services of a realtor, you do not have to constantly answer every single inquiry and spend time replying to emails or messages. A realtor is more than capable of handling any type of inquiry and will always keep you updated on the number of people who called to enquire about your home, how many have booked a showing, how many have made an offer, etc.
3. Real Estate Industry Experience:
A seasoned realtor is invaluable in helping you find the right buyers for your house or property. So when you decide that it is time to sell your home, then a qualified real estate agent would be the right person to help you get the highest value for it.
Real estate agents also know all the procedures, paperwork and formalities that come into play in order to sell residential property and hence they would be the best people to guide you on what you need to do when selling your home.
4. Final Sale and Closing the deal:
One thing that all buyers lookout for is a great bargain. This is also true when it comes to buying a house. If you try to sell your home privately, then you could risk losing a good buyer if you do not know how to negotiate well. In another case, you might end up underselling your home in a bad negotiation deal and thus end up selling your home a lot less than your asking price.
However, with the assistance of a well-experienced realtor, the negotiations and final sale price of your home is sure to go your way. Realtors are usually powerful negotiators, especially when it comes to selling real estate. If they know that a buyer is genuinely interested in your home, then he will ensure that you make a significant profit from the sale despite his commission fee.
Selling your home should not be difficult and overly complicated. A realtor can easily put you in front of the most probable buyers who are looking to invest in a home and get you the best rate for it. However, it is your job to find a trustworthy and dependable realtor who will help you make a considerable profit from the sale of your home.
By: Mike Gustus