To hire or not to hire an agent? That is the question. Many homeowners face that decision when it comes time to put their home on the market.
And while there is certainly a cost associated with using a Realtor to help you sell your home, you may just find that their commission is more than fair compensation given the amount of work they put into your home sale.
A good agent simplifies the process for you by interacting with potential buyers and by engaging only with serious potential buyers, saving you tons of time in the process.
Also, if any issues pop up during the process of trying to sell your home, a quality Realtor will be there to handle them for you. These issues can include contractual or financial challenges that become critical to the sale, especially late in the transaction.
Read on for a few more reasons that experts in the realty industry strong recommend home sellers enlist the help of a licensed local agent.
Cost-Benefits Analysis
Agents generally command up to 6% of the sale price of your home. Considering how much work they will put into showing the home, facilitating negotiations, structuring contracts, and being at your beck and call throughout the process, many experts consider this percentage to be well worth the cost.
One of the most helpful parts of working with an agent is setting the actual price of your home. Agents have access to critical home market data from across your region, which should be taken into consideration when determining your asking price.
Realtors are trained to help you sell your home as quickly as possible while also fighting for your fair rights as the seller.
Going DIY
Although tempting, experts urge that It’s probably not a great idea to try to sell your home on your own, especially if you haven’t done it before. If you choose to go down this route, you may consider hiring a real estate attorney to help you with the finer points of the transaction and the escrow process. The last thing you want to happen is a legal issue halting the progress of your sale.
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