The common notion that most homeowners have is that while selling their house, if they sell it themselves, instead of seeking the help of an agent, they can save a lot of money. It is true that hiring a real estate agent can be expensive, but what many fail to understand is that the agent can actually help you save a lot of money in many other ways. This would eventually make up for the fee you pay the agent. Here are a few reasons to help you decide whether you need an agent:
1. Dealing with the buyers or buyer agents:
Not all buyers might be easier to negotiate with. If the buyer has employed an agent, it might make the process all the more difficult for you. In such instances, an agent can streamline and make the selling process smooth. The agent would negotiate with the buyer or the buyer’s agent and help you come to terms with them. This can ensure that you as a seller get the right deal for your home.
2. Getting the best value deal:
You might set a price for your house based on a lot of factors. A real estate agent would be well aware of the current market trends. He would be able to suggest a price that would fetch you the best value. With their network and experience in the field, they can see to it that your house isn’t too much overpriced or underpriced. This ensures that your house gets sold without delay and for the best value.
3. Setting aside your emotions:
Selling a house isn’t very easy to accept. No matter what reason you sell your house for, it might sometimes be emotionally draining. So, hiring a third party agent can make it easy for you. If you are very much attached to the house you might be blinded by a lot of things. In that case, chances are that you might miss out on certain things to be taken care of while selling the house. An agent can take care of the process for you.
4. Selling is a tedious process:
Some houses get sold in a day and some take months. Selling a house isn’t always easy. You would have to talk with prospective buyers, allow the inspection of the house, negotiate the price, and take care of the paperwork. A real estate agent’s job is to do all of this for you. That is why it is a good option to outsource the work and sit back and relax while the agent finds a good buyer for you.
5. Increasing the visibility:
Real estate agents have the option to list your house in the Multiple Listing Service (MLS). Doing this yourself wouldn’t be a very economical option. Listing in the MLS means a better visibility. This would reach out to many potential buyers and buyer agents. This way, your house would get sold faster and that too for a great value.
Approaching a real estate agent might look expensive on the outside. But, only when you hire one, you would realize that all the time and effort you save in the selling process make the expense totally worth it.