Selling a home is a complicated process that requires a lot of paperwork. Making mistakes could be costly, and the best way to make sure you follow procedures and protect yourself is to hire a real estate agent to oversee selling your home. An agent not only makes sure you keep in compliance with laws and fill out legal documents correctly, they can help with these other important matters.
Set The Price Of Your Home
You're the one responsible for determining the selling price of your home, but an agent can help you arrive at that number based on the quality of your home and what other houses have been selling for in the area. A real estate agent is out looking at homes every day and has a good feel for what a home should be worth. Setting the right price initially is important because you want as much money as you can get, but a price that is too high will scare off buyers.
Market Your Home For More Exposure
An agent works on commission, so they want to make the sale as quickly as possible. This involves marketing the home in real estate magazines and on websites. The more exposure your home gets, the more potential buyers your home will attract. You get all of this marketing that includes taking photos and videos of your house at no cost to you. You couldn't gain this much exposure by yourself, and what little marketing you could do if you tried to sell your own home would be expensive.
Prequalify Buyers
If your home is in a neighborhood that moves properties fast, then you don't want to waste time on buyers who aren't preapproved for a loan. Going through the buying and selling process takes time, and you don't want to find out the whole deal falls through because a buyer couldn't get the loan. Your agent can help weed out bids from risky buyers and steer you toward those who have proof of funds or who have been preapproved for a loan so you don't have to worry about a loan not going through and then having to start the selling process all over.
Provide Help With Staging
The appearance of your home makes a big difference when potential buyers tour it. Your home should be clean and decluttered. Your agent may even suggest staging it so it has an attractive interior design. This may involve removing much of your furniture so your home looks larger, and bringing in pieces that give your home a more upscale or cozy feel depending on what type of buyer you're trying to target.
A real estate agent may take part of your profits when you sell your home, but the work they do for you makes it worth it. You could sell your home a lot quicker and avoid pitfalls that come back to haunt you later when you work with an agent.
Share13 March 2019
When I started looking for a new home, I realized that there were a few things I needed to be careful about. For instance, I really needed to focus on finding a home that would appreciate in value, so I began thinking about investing in the right property. After quite a bit of research, I was able to find a great neighborhood that had a big support system for my family. After we found a house we loved, we worked with a real estate agent to procure it, and it was really nice to feel like we belonged somewhere. Read this blog about ways to find amazing pieces of real estate the first time around.