Are you considering selling your home? It might seem like a great idea to sell your home yourself. Selling your home yourself could mean saving the typical 5-6% commission fee that real estate agents charge. However, there are several reasons to consider working with a professional real estate agent.
An experienced real estate professional has extensive knowledge of the market and the ability to market your home to a broad range of buyers with their savvy negotiating skills. In addition, selling a home requires an understanding of all the legalities. Real estate agents can also help eliminate the stresses and uncertainties of trying to sell your home on your own.
Real estate agents work in their clients’ best interest, helping sellers navigate the current market trends and providing various resources to make the selling process as simple as possible.
Advantages of Working with an Experienced Real Estate Agent
Real Estate Agents have Knowledge of the Local Housing Market
Local real estate agents can give sellers access to their knowledge and expertise in the housing market. The information provided by real estate agents can help sellers to make choices that could optimize their profit margin throughout the selling process.
Real estate professionals can offer ways to increase a potential buyer’s impression of the home. These suggestions may involve general cleaning, touching up paint, curb appeal improvements, and simple décor arrangements.
Real Estate Agents have MLS Access
Creating exposure is one of the biggest challenges of selling a home on your own. Selling a home on your own will require spending money on advertising to generate awareness of your home listing. In addition, selling a home on your own typically results in a smaller pool of potential buyers, possibly resulting in waiting longer to sell your home.
Real estate agents have access to multiple listing service (MLS), a database that features all current real estate listings. The MLS is the primary system most real estate agents use when looking for the most up-to-date home listings.
Real Estate Agents have Important Connections
Real estate agents have relationships with other clients, agents, and agencies, which can help bring more potential buyers to your home.
The established network of potential buyers that real estate agents have could increase awareness of your home listing, helping you sell your home more quickly.
Real Estate Agents Can Assist with Paperwork
Occasionally issues can arise with the numerous documentation and paperwork required when selling a home. Having an experienced real estate agent assist and review the paperwork can help sellers save time, money, and stress while avoiding mistakes that could cause potential setbacks in the home selling process.
Real Estate Agents Assist with the Negotiation Process
An advantage of having a real estate agent sell your home is that they are experienced in negotiating, helping you to get the most profit out of selling your home.
Most buyers will have a buyer’s agent, so having a real estate agent who is there in the interest of the seller is crucial when negotiating. In addition, real estate agents can help negotiate the price, contingencies, conditions, and closing costs.
Real Estate Agents can Offer Emotional Support
Selling a home can be challenging regarding the sellers’ emotions. Your home was where special memories were created, and hearing feedback from potential borrowers can be daunting. However, real estate agents have the objective mindset to help keep your emotions at bay. In addition, real estate agents can assist sellers in avoiding mistakes, such as overpricing the home or refusing a low offer because of feelings.
Real Estate Agents can Eliminate Unqualified Buyers
A real estate agent can help determine whether a potential buyer is just a curious neighbor or interested in purchasing your home. Preparing a home for a showing is a lot of work, and real estate agents want to limit those hassles for sellers.
Real estate agents have the skills and training to ask questions to determine the seriousness of the potential buyer.
Related: 5 Reasons to Use a Real Estate Agent to Sell Your Home
Marimark Realty, home to the top buyer’s agents in Tampa, Florida, focuses on providing a personalized experience for buyers and sellers of real estate. As a full-service real estate agency, we help clients with luxury homes, homes for first-time homebuyers, commercial property, and investment property.
To begin the journey of purchasing or selling your home or purchasing commercial or investment properties, contact us at your earliest convenience.