Selling homes independently is a tempting route to take for some homeowners. Real estate agents charge 5% to 6% of the home’s price for commission. For a $300,000 home, deciding against hiring agents will grant the homeowner $15,000 – $18,000 worth of savings. This might seem very enticing. However, selling a house is way more than looking for potential buyers and signing documents. Knowing the intricacies of selling is as crucial as abiding by its technicalities. Here is where hiring a realtor to sell your home plays a critical role. Partnering with a professional real estate agent is the backbone of a profitable deal.
Do I need a real estate agent to sell my home? The answer is yes. Partnering with a competent real estate agent is the backbone of a profitable deal.
1) A real estate agent is not emotionally attached to the property for sale
Homeowners often have an emotional attachment to their property, making a sale emotionally taxing. Venturing on the process alone will increase the risk of the for-sale-by-owner making irrational decisions, such as overpricing the property and giving in immediately. A realtor looks past these emotional complications and handles the situation professionally.
Moreover, when a buyer declines an offer, the owner may tend to take this rejection personally. This misunderstanding may result in further issues. A real estate agent bounces back from setbacks immediately and keeps emotions out of the equation.
2) Selling a home is a full-time job
More often than not, homeowners underestimate the time and effort needed to sell a house. Marketing a home may take up most of the day. This poses difficulties, especially if a homeowner has a day job. Selling a home involves advertising the listing, answering inquiries, opening the home up for potential buyers to tour. These may seem too much for an inexperienced homeowner. Experts in selling, agents are trained and licensed to handle the challenges and intricacies in real estate transactions.
3) Real estate agents have all the necessary connections
Yes, the owner may post listings on websites and multiple listing services, but that is rarely enough. A personal network will have little to no interest in spreading the word about the listing. On the other hand, real estate agents have strong relationships with clients and other agents, widening the buyer pool and increasing the demand.
For example, if the property is in Bethesda, MD, a Bethesda real estate agent is the key to a lucrative sale. These real estate agents will have all the necessary connections to skillfully market homes for sale in Bethesda MD. In no time, more potential buyers will know of the property, which is a step towards successfully sealing the deal.
Hire a proficient real estate agent today
Heller Colley Reed of Long & Foster sets the standard for real estate transactions. Their continued success is rooted in the emphasis on customer service, unparalleled expertise, and paramount professionalism. Contact them at 301.674.2829 or send an email to hellercoleyreed(at)gmail(dotted)com.