Deciding whether or not to use a real estate agent when you buy or sell your next home is a question that you may have asked yourself in the past. If you are uncertain if it would be good for use a AGENT, maybe this article can help.
The 2011 profile of homebuyers and sellers created and distributed by the National Association of Realtors implies that ON THE MARKET By Owners (FSBO’s) accounted for only 10% of home sales. Also the average FSBO listing sold for $150,000 while the average real estate agent assisted home sold for $215,000. While many people think that they are able to save time and money by selling the home by themselves, this is often false. They also usually don’t always understand the trials that come along with selling their house FSBO. The Profile of Homebuyers and Sellers show the hardest tasks for a FSBO are:
? Understanding the housing marketplace and listing their house at the right price.
? Understanding the paperwork involved and correctly filling everything out.
? Having enough time to devote to all areas of the sale. This would be marketing the house, showing the home, responding to phone calls and emails concerning the home, etc.
? Determining whether they should spend extra money to prepare or fix up the home.
? Selling the home within a certain time frame.
Purchasing or selling a house is typically the largest investment most people will make in their lives. Whether you’re investing in a new home or selling your existing home, an agent can help protect your interests and potentially save a large amount of money. We have compiled a list of benefits for both the homebuyer and seller.
Reasons To Use A Real Estate Agent When Buying A Home
1. A home buyer is normally not required to pay the true estate agent. When a agent represents a home buyer on a purchase of a house, the commission earned by that agent is paid for by the seller of the home. The commission is taken out of the sales price.
2. Real estate agents have access to the Multiple Listing Service (MLS). The MLS is really a serviced provide to real estate agent that gives them probably the most up today info on homes that are for sale in your area.
This service is not available to everyone. With the MLS an agent can find out information about the home like, taxes, how long it has been listed, price changes, special features on the house etc.
3. Agents have knowledge about the region. A real estate agent should be able to tell you about the neighborhood, schools, activities, recreational areas, etc. that are available in the areas that you are looking to purchase.
4. Agents discover how to negotiate with the seller in your stead. Negotiating the price of a house can often get very hard. In today’s market it isn’t uncommon to ask for closing costs to be paid, repairs to be completed, home warranties, or inspections. Often real estate agents have the ability to negotiate items in the house like washers/dryers, refrigerators, or furniture into the sale of the property. Belize Property For Sale Your real estate agents job is to make sure you get the best deal.
5. Agents keep carefully the deal going. Once your offer has been accepted you will have a lot of tasks that need to be completed in a brief period of time. Your agent will help you keep track and orchestrate all of the tasks required in the buying process.
Reasons To Use A AGENT When Selling A Home
1. A real estate agent is worth the commission. Once you actually consider all the things your agent will do for you personally from enough time they list the home to the time it sells, the commission paid to that agent is usually money well spent. Often times an agent will be able to help you get your house sold much faster and for more money than you could have all on your own.
2. Agents understand the current housing market. Choose an agent that lives locally. This agent will understand a nearby, home values, benefits of the area, and the local competition.
3. Agents discover how to sell your home. That is their job, and exactly like any other job should they don’t execute a good job they get fired. An agent is a professional and really should know what they’re doing. It is often smart to get an agents track record prior to permitting them to sell your home. Selling any home takes experience, dedication and knowledge in this market. Their job is to attract buyers and sell the home.
4. Agents know what can make houses sell. Your agent can give you advice on what could possibly be done to the home to obtain it sold quicker. Anything from staging the house to making minor repairs or upgrades.
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