Selling a home is a very complicated, complex process that can be extremely stressful, even if your emotions are not involved. But it is your home after all. That is why a professional real estate agent with a level head is an important team member in the process of selling your home.
Some owners think that selling the home themselves will save them money. This typically is not the case. Here are a few reasons why:
It is believed to leave you with less than ten percent of what a good real estate agent will generate. This means your home will take ten to fifteen times longer to sell.
2. The longer a home is on the market, the lower the selling price.
Buyers believe that if a home has been on the market a long time, there is something wrong with it.
In order to generate the highest price possible, it needs maximum exposure to the market.
Many sellers think all it takes is for someone to see and fall in love with their home and an offer will follow. If a real estate agent does not represent the buyer, they often talk themselves out making an offer. A real estate professional can talk them out of buyer’s remorse.
They may be uncomfortable talking to a seller directly and therefore avoid a For Sale By Owner property.
Or possibly, a bungled contract or potential legal ramifications.
As most local buyers are working with an experienced real estate agent, you will probably be negotiating against an experienced professional who has an edge in the negotiating process. And this could cost you money.
A licensed real estate professional can work with all parties of the transaction to ensure the sale closes with the least amount of disruption, with the best solutions to issues that may pop up with the most money in your pocket at the end of the sale.