Here are 5 great reasons to hire a real estate agent to help you sell your home:
1) Market pricing: In a typical F.S.B.O. (For Sale By Owner), you are going to have trouble getting accurate figures on “sold” prices for the recently-sold homes in your area. An agent has access to all the final sales data you will need. (Grabbing a bunch of fliers from other homes for sale in your neighborhood and making an educated guess with the asking prices is NOT a good way to decide a sales price for your home).
2) Skittish Buyers: When the market is hot, sometimes people get lucky with a For Sale By Owner home because the demand is so high that some buyers will jump through hoops to find a home. But in our current market, qualified buyers are very rare these days, and they rule the roost, so to speak. They see buying a home from an unrepresented seller as a risk. And skittish buyers don’t like to take risks.
3) Emotional Rescue: Have you ever gotten into a confrontation with a neighbor about an alleged misdeed or breach of HOA rules? Can you imagine how unpleasant that might be? Well, that is quite possibly how a negotiation might go between two parties who are too emotionally invested in the outcome. When each side has a licensed negotiator working for them, there are checks, balances, and level heads to help keep things friendly and moving forward. Sellers can suffer due to rose-colored glasses.
4) 20/20 Blindness: You may very well have perfect vision, but chances are you have a nice set of rose-colored glasses you put on each time you look at your home. Unfortunately, potential buyers don’t have the same pair. A real estate agent can look at your home and suggest things you can do to make it sell faster for a better price.
5) A Lawsuit May Not Suit You: Suffice it to say that a home is probably the biggest investment your potential buyers will ever make. And there are many rules and regulations designed to protect the buyer, as well as the seller. There are very specific things a seller can’t say or do when selling a property. And the courts don’t accept ignorance of law as a defense. Real estate law is serious business. Guidance from a real estate professional can really help you stay out of hot water.
If you have any questions about why you shouldn’t try to sell your home yourself, please don’t hesitate to contact us. You can even use the comment link below to do that. Your email address, though needed to post a comment or question, will never be published on this website for your protection.