If you’re thinking about putting that “For Sale by Owner” sign on your front lawn, think again. Although many people think they will reap a greater return if they sell their home on their own, the fact is, hiring the right real estate agent can get the job done more efficiently and effectively, and end up actually making you more money in the process.
1: Agents Know How to Maximize Your Selling Price
Reputable agents will have a large team of professionals behind them, with backgrounds in sales and extensive knowledge of the local market. Maximizing value is their job: after all, their income is dependent upon selling your home at the top price. They have insights into the market that enable them to optimize the marketability of your house, getting you the right buyer at the right price.
2: Agents Know How to Find Buyers
Being in the business of selling, it is the agent’s job to know all about buyer behavior. An experienced agent will have a finger on the pulse of the local market and will know what buyers are looking for, and how to stage your home in the current market to improve its appeal. Your agent’s success has been built on his or her marketing skills and clout; they are as invested in finding the right buyer as you are.
3: Agents Keep You From Making Costly Mistakes
Experienced agents have been through the home-selling process time and again, and they know what works, as well as what doesn’t. In marketing your home, they can make sound recommendations on whether to invest in landscaping, repairs, or upgrades that will increase the value of your home. They also know what you should not do, so you avoid wasting resources on improvements that provide little yield.
Your agent will also think of things you might not: is your cracked driveway a safety hazard for an elderly buyer? Will that icy sidewalk cause an accident, or make potential buyers turn around before they even see your house?
4: Agents Can Find an Upside to Flaws
Not every buyer is looking for a model home. In some situations, your agent will know when it is best to leave a flaw alone, or turn it into a plus-factor for potential do-it-yourself buyers, or when the real value of your home is not the building but the property it sits on. Why invest thousands to upgrade your kitchen when a buyer is likely to tear it out and undertake a major remodel? It takes a real estate expert to know when a fixer-upper should not be fixed up. Your agent knows what sells.
5: Agents Do All the Paperwork
The paperwork involved in a house sale is not very user-friendly. Your agent knows exactly what forms are needed to make the sale legal and complete. Unless you are familiar with these documents, or are willing to spend a lot of time educating yourself, they can be a major headache. Your agent has a duty to represent your best interests, and can explain the legalese: all you need to do is to read and sign the papers.
6: Agents Save You Time
Even with an agent, you already have plenty to do. You may need to pack, move, clean, sell furniture, and so on, not to mention keep up with your own job. When you hire an agent with a team of professionals to provide support, you save yourself a lot of time and stress.
Don’t kid yourself. Selling your own home is a colossal effort. Hire an experienced and knowledgeable team to take care of the hard stuff, and save yourself the hassle, headaches, time, and cost of attempting to sell your house by yourself. Visit the Prime Real Estate Group to learn how we can help you obtain top dollar for your house.