Deciding whether or not to use a real estate agent when you buy or sell your next home is a question that you might have asked yourself in the past. If you are not sure if it would be beneficial to use a Real Estate Agent, maybe this article can help.
Also, the average FSBO listing sold for $150,000 while the
average real estate agent-assisted home sold for $215,000. While many people
think that they can save time and money by selling their homes on their own,
this is often not the case. They also usually don't always understand the
trials that come along with selling their home FSBO. The Profile of Homebuyers
and Sellers shows the hardest tasks for an FSBO are:
•
Understanding the housing market and listing
their home at the right price.
•
Understanding the paperwork involved and
correctly filling everything out.
•
Having enough time to devote to all aspects of
the sale. This would be marketing the home, showing the home, responding to
phone calls and emails about the home, etc.
•
Determining whether or not they should spend
extra money to prepare or fix up the home.
•
Selling the home within a certain time frame.
Purchasing or selling a home is typically the largest
investment most people will make in their lives. Whether you're buying a new
home or selling your existing home, a real estate agent can help protect your
interests and potentially save you a substantial amount of money. We have
compiled a list of benefits for both the homebuyer and seller. Real Estate Submit Guest Post is a fantastic method to share your knowledge and experience with others.
Reasons To Use A Real Estate Agent When Buying A Home
1. A home buyer is usually not required to pay the real estate
agent. When a real estate agent represents a home buyer on a purchase of a
home, the commission earned by that agent is paid for by the seller of the
home. The commission is taken out of the sales price.
2. Real estate agents have access to the Multiple Listing
Service (MLS). The MLS is a serviced provide to real estate agent that gives
them the most up today information on homes that are for sale in your area.
This service is not available to the general public. With
the MLS an agent can find out information about the home like, taxes, how long
it has been listed, price changes, special features on the home etc.
3. Agents have knowledge about the area. A real estate agent
should be able to tell you about the neighborhood, schools, activities, recreational
areas, etc. that are available in the areas that you are looking to purchase.
4. Agents know how to negotiate with the seller on your
behalf. Negotiating the price of a home can often get very difficult. In
today's market it is not uncommon to ask for closing costs to be paid, repairs
to be completed, home warranties, or inspections. Often real estate agents are
able to negotiate items in the home like washers/dryers, refrigerators, or
furniture into the sale of the property. Your real estate agents job is to make
sure you get the best deal.
5. Agents keep the deal going. Once your offer has been
accepted you will have a lot of tasks that need to be completed in a short
amount of time. Your agent can help you keep track and orchestrate all the
tasks required in the buying process.
Reasons To Use A Real Estate Agent When Selling A Home
1. A real estate agent is worth the commission. Once you
actually consider all the things your agent will do for you from the time, they
list the home to the time it sells, the commission paid to that agent is
usually money well spent. Often times an agent will be able to help you get
your home sold much faster and for more money, than you could have on your own.
2. Agents understand the current housing market. Choose an
agent that lives in your area. This agent will understand the neighborhood,
home values, benefits of the area, and the local competition.
3. Agents know how to sell your home. This is their job, and
just like any other job if they don't do a good job they get fired. A real
estate agent is a professional and should know what they are doing. It is often
a good idea to get an agent’s track record prior to letting them sell your
home. Selling any home takes experience, dedication, and knowledge in this
market. Their job is to attract buyers and sell the home.
4. Agents know what will make houses sell. Your agent will
be able to give you advice on what could be done to the home to get it sold
quicker. Anything from staging the home to making minor repairs or upgrades.
5. Agents will put your home on the MLS. A real estate agent
has access to the Multiple Listing Service (MLS). This tool is only available
to real estate agents and allows them to get your home in front of thousands of
other agents and buyers.
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