There are many reasons why homeowners decide to sell their homes without the help of a real estate agent. They often think too much of their home and assume that there will be tons of interested buyers. They don’t think it will take a lot of work to sell because they think that all they’ll have to do is create an online listing and buyers will come flooding in. The biggest reason is often that they don’t want to pay the agent fee. However, not using an agent can be a mistake. A real estate agent can help protect you as the seller in the following ways:
They can protect you from pricing your home incorrectly
An agent can help you determine what your home’s market value is. Underpricing your home will lose you money while overpricing it will scare away potential buyers. The longer your house is on the market, the less likely it will be to sell.
They can prevent you from losing a negotiation
Real estate agents understand the art of negotiation and have experience doing it. You’re going to have to negotiate with potential buyers at some point. Many sellers won’t budge because they’re too stubborn, resulting in the loss of a potentially fair sale, while others may budget too much and end up being taken advantage of.
They can make sure you don’t accidentally do anything illegal
An agent will make sure that everything you do during the sales process is legal. For example, you’re legally required to inform buyers about any issues your house has that you know about.
They can help you with the paperwork
Selling a house is not as simple as just signing a basic contract. There’s a ton of paperwork involved. If you don’t have the right paperwork or you don’t know what you’re doing, you could accidentally sabotage a sale. A real estate agent will help guide you through the paperwork process.
As you can see, a real estate agent can be extremely helpful when it comes to selling your home. To speak with an agent today, be sure to contact us at Randy Lindsay.