You’ve probably seen your fair share of signs on front lawns where the properties are being sold by the owner privately. While you might think that this is the cheaper way to go, you may actually find yourself losing more money in the end.
Here are just a few of the reasons why having a real estate agent working for you is the best way to go.
Real estate agents have plenty of experience and skill when it comes to the negotiating table. They are able to easily remove themselves emotionally from the deal, and are therefore much more comfortable and calm about wheeling and dealing within a fair range of price offers in order to get the best deal possible for their clients.
Knowledge of Market Conditions
Agents are able to find out pertinent information about the market, and can disclose this info to their clients. This will help oversee and guide the buying or selling process. There are a number of factors that will affect how a real estate transaction will proceed, such as average sales prices, ratios of list-to-sold prices, price per square foot of average homes in the area, and so forth. They can also help you find local real estate for sale that matches your specific criteria.
Agents are able to help sellers come up with an effective listing price for their homes that will get them the most money possible for what the home is realistically worth to buyers. Agents will find out all there is to know about homes that have recently sold in the neighborhood, and can therefore come up with a price that matches the current market. Pricing too high will scare buyers off, and pricing too low will leave money on the table.
Forget about selling or buying a home on your own – your best bet is to work with an experienced real estate agent.