How a Real Estate Agent Can Help You Sell Your Home
Selling a home can be a rather adventurous endeavor. You need a seasoned real estate specialist to lead you through the process, knowing that higher mortgage interest rates & home prices are expected as the market continues to recover. Unless you are a specialist yourself, you don’t want to be alone out there without someone who’ll have your back.
Consider the following ways a real estate agent can help you:
A Brief History of Houses
Each state imposes its own regulations affecting contracts for real estate sales, and these regulations are never constant. A real estate agent is an expert in the market and can handle all that necessary paperwork for you.
What Has Changed Recently With Sales?
According to experts, at least 230 possible steps are taken for every successful real estate deal. Wouldn’t you want to take them with someone who can go through the entire process with their eyes closed?
So perhaps you’re still not convinced that an agent can help you sell your home. However, when you look at the list of parties you have to negotiate with, you’ll easily see why a pro’s expertise is crucial. You have to talk to at least 11 different people, from your potential buyer (who also wants the most favorable deal for himself) to home inspectors to the appraiser and all the rest. These people are all real estate professionals, and the buyer himself is likely to have his own agent. Again, how can you match their negotiating prowess?
Setting the Price
It is crucial for your home to be priced properly right from the start so as to attract the right buyers, as well as cut the time that it stays on the market. You want someone who is not emotionally attached to your home, but has the knowledge necessary to give it the right value.
To put it simply, an overpriced home will not attract a lot of buyers, and will probably stay on the market too long that people will start to assume that there’s something “wrong” with it. Underpricing, on the other hand, will leave you on the losing end of the sale. That’s why need an expert to draw the lines.
There is a lot of information out there about home sales, mortgage rates, prices, etc. How do you know which one applies to your area specifically? Whom can you consult when trying to price your property competitively as you start the selling process? When seeking help with regard to money, always choose someone who is more likely to teach than pitch. You need someone who will blurt out the truth and not lie for the sake of pleasing you.