Sell Your House with Real Estate Agents
These days, there are many different ways that sellers can use in marketing and closing a deal of the property they sell. As a result, this opened lots of questions whether or not to hire a real estate agent. Without a doubt, the internet significantly expanded the access to listing and provided sellers with ways to sell and market outside the conventional ways.
Usually, commissions will run you at around 6 percent of purchase price of the house and there are many sellers who wonder whether it is worth it to make an investment in a full service agent. Just before you jump to any conclusions that 6 percent is a high price for commission, it will be nice to consider first the benefits you can get from hiring a realtor.
Number 1. Access – whether you’re on selling or buying side, real estate agents can give easy access to listings available. MLS or Multiple Listing Service is a service that most agents are using to list properties and give other real estate agents with interested buyers all the details about the house they may need. Sellers would want their house to be on MLS since it’s the main place that buying agents are looking for to find potential properties for clients.
Number 2. Convenience – as you hire experienced and seasoned real estate agent to represent your house, it is way more convenient than having to market and sell on your own. For those who are inexperienced, just the number of phone calls to be taken every single day is enough to overwhelm them. Keep in mind that as soon as your house goes live, agents and other interested buyers would start calling and trying to schedule the viewing and ask questions about the property details.
Sometimes, prospective buyers are showing up but sometimes they do not. With an agent assigned specifically to handle all these phone calls as well as inquiries, it is going to give you convenience especially if you are a person who has an active lifestyle or busy schedule.
Number 3. Negotiation skills – agents must have a strong and effective negotiation skill regardless if they are selling or buying. It is completely normal for interested buyers to make price proposal that is less than the actual price. If you are inexperienced, it will be you who is going to submit to their demands but with the assistance of an agent, they’re the one who will guide these clients on coming up with the right figure.
There is also the negotiating concessions on the closing costs, adverse inspection findings and a lot more in addition to the negotiation of sale price.