Why Use Real Estate Agents to Sell Your House?
For the past decade, there are countless of services created to help sellers in marketing and successful sale of their properties. As a result, this opened lots of questions whether or not to hire a real estate agent. No doubt, the internet has drastically widen the access to listing and given sellers with new ways to sell and market outside the traditional paths.
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 – it doesn’t matter if you are selling or buying a house because at the end of the day, real estate agents can provide access to the available listing. The MLS or Multiple Listing Service is a kind of service used by agents nationwide in listing properties, giving other real estate agents with interested buyers all details regarding the home they might need. Sellers have an end goal to put their house on MLS for it is the place where buying agents are searching for possible properties for their 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. As for those who do not have strong experience in such, the number of calls that must be answered is already overwhelming. 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.