Most sellers assume that taking the FSBO route will save them a lot of money. Here’s a scenario to explain why you should reconsider your decision:
A real estate agent is handling the sale of a house priced at $250,000. The agent’s commission will be 6% of the home’s sale price. Based on this price, it will be $15,000. This amount might seem too high to you, but it’s worth the hassle you will go through instead.
Since you don’t have any connections to home inspectors, titles agencies, lenders, and other important people involved in the home selling process, you are likely to end up spending more from your pocket.
Lastly, without the marketing efforts put in by an Orlando realtor, your house might not make it into a quality directory.
Below are a few more reasons why you should hire a real estate agent for selling your house:
Agents Are Not Emotionally Involved
For someone who has lived for decades in their house, they might be emotionally involved in the process. You might not accept a buyer’s offer just because they didn’t feel right to you, which can delay the sale.
Remember, the longer your house might stay on the market, the more difficult it will become to sell the house. A real estate agent will not only take your emotional interest into account but the financial too. He will ensure you are satisfied on both fronts: Your house goes for the price you set and to the right person or family.
Agents Help You Minimize Wastage of Money and Time
Staging is important when selling a house. Most people prefer to rent furniture so that they don’t have to deal with any big moves in the end. If your house does not get sold in the expected time, you will lose the rent money you could have made otherwise. You will also lose valuable time that you could have spent finding your new house.
Agents Are Better at Negotiation
Every buyer is different. Handling buyers is a skill acquired with time and experience. Someone who has never been in this kind of situation might say something wrong and sink the deal.
The goal during negotiations is to make the buyer sign your contract without any counteroffers, and only a real estate agent can do this because they know what to say to buyers to convince them.
Agents Can Spot Problems With the House
After dealing with so many clients, a real estate agent can tell which property is a sound investment and which one is not. They will be able to tell you about any problems a buyer might fixate on from their perspective. This information will help you make the right repairs and renovate areas of the house to highlight their best features.
You need to hire a real estate agent for all the reasons mentioned above! Their know-how about the real estate market will help you throughout the home selling process and put your mind at ease that an expert is handling everything.
To get help with your house’s sale process, get in touch with an Orlando relator. Visit the Megan Dowdy Realty website to get in touch with a qualified real estate agent or call 407-509-9279.