Why Use Real Estate Agents to Sell Your House?
These days, there are many different ways that sellers can use in marketing and closing a deal of the property they sell. It is for this reason that many people are wondering whether they should hire a real estate agent or not. There’s no doubt that there’s massive expansion to the internet giving people easy access to listing and provide these sellers with lots of new ways to sell and market outside traditional methods.
Commissions usually run to around 6 percent of the purchase price of the home and there are numerous sellers wondering whether investing in full service agent is totally worth it. 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 – whether you are on the selling or buying side, a real estate agent can give you easy access to listings available. MLS or Multiple Listing Service is a service that most agents are using to list properties and give other real estate agents with interested buyers all the details about the house they may need. Sellers want their house to be present on MLS because it is the main marketplace for agents who are searching to find potential properties for 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.
At times, prospective buyers show up but sometimes they don’t. By having an agent who will handle all phone calls and inquiries, it is going to give you convenience especially if you have active lifestyle.
Number 3. Negotiation skills – whether it’s a seller’s market or buyer’s market, agents need to have a good negotiation skill. Prospective buyers usually propose less than the asking price of the property. If you don’t have the experience, then you will likely submit to their request but with the help of an agent, they will be guiding the clients to come up with the best 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.