Houses listed as FSBO are becoming quite popular. Before you go all starry eyed, imagining that you will be saving on the real estate agent’s commission, I would like you to ask yourself one question:
Are you ready to handle this deal “ALL BY YOURSELF”?
Saying “yes” is very easy but when the time will come for you to negotiate with the buyer and convince them that your asking price is within reason, you will find yourself in trouble. One of the things that a real estate agent is very good at is selling your house at a higher price. There are a dozen of things you need to take care of such as online marketing, staging, open houses, deed transfer, closing, etc, and it’s highly unlikely that you will do all of them without a glitch.
So, this is the reason why you should hire a real estate agent when selling your house. Following are seven benefits, which will convince you that this is the right choice:
1. The House Gets Listed at the Right Price
A real estate agent has in-depth knowledge about the real estate market. They don’t just set the price according to their evaluations. They look at the current trends, compare your house to others in the neighborhood and look at nearby comps to make sure that the asking price is “on point”.
2. They Are Better at Home Presentations
They have great skills in not just marketing your house but staging too. So, rest assured, when potential buyers walk into your house, he or she will be wowed.
3. They Get Your House More Buyer Exposure
Their marketing and listing skills are what guarantees more responses from buyers. Your listing now auto populates over multiple sites globally, once you take the step of entering into a listing agreement.
4. Higher Offer from Buyers
A real estate agent usually communicates with the buyer’s real estate agent. Being on the same level, they are able to think objectively, which works in both parties favor.
5. Negotiates Better Inspection Results
Say, the home inspection revealed a major repair. Your real estate agent will be better at navigating through this and coming up with solutions that will help insure a smooth closing.
6. Speedy Closing Process
It’s the real estate agent’s job to not just bring in the buyers quickly but make sure the deal is closed within time, which means staying on top of all required deadlines after the house goes under contract.
7. Home Sells at Top Dollar
When the house gets listed at the right price and you have a pro on your side negotiating on your behalf, then you can be assured that your house will sell for top dollar.
So, now do you understand the magical powers of a real estate agent? I bet you are rethinking your FSBO route. Go ahead, browse the internet and get yourself a licensed and professional real estate agent who will handle everything quite competently.