After living in a home for a number of years, many people feel like making a change. Generally, they will either upgrade to a larger home or downsize to a smaller lifestyle such as a condo or townhouse.
However, before this can be done, a homeowner has to sell their current property, and some of them will try to sell independently without using a real estate agent. This can be beneficial in some minor ways but usually ends up being a waste of time, resources, and money.
Anyone planning on selling their home independently through a FSBO should consider these factors before committing to that decision. Here are FOUR reasons why you should be using a real estate agent:
Using a Real Estate Agent comes with a name that can be Recognized
Once a real estate agent has been in the industry for a while, they begin to form relationships with different members of the community. This helps them form trust and create brand recognition. Homeowners who use the help a real estate agent benefits from the agent’s reputation. Seeing a trustworthy name on the “for sale” sign can be an enticing aspect to many home buyers.
Getting your Property Priced Right
Many homeowners struggle to come up with the perfect price for their house. This is often due to the fact they can not look at their property objectively. After years of making memories and having good times, some homeowners often view their average homes as valuable pieces of property and tend to charge too much for their living spaces.
Additionally, homeowners who are not fond of their houses will generally not charge enough for them. In turn, they end up missing out on thousands of dollars in profit.
Professional Marketing and Promotion Tactics
The average homeowner has little knowledge about promotion or marketing. In general, the most a homeowner will do in terms of promotion is place a “for sale by owner” sign on their property. This is an ineffective use of money and time.
Homeowners who want to reach more potential buyers need to hire a real estate agent. These professionals make use of their skills, knowledge, resources, and connections to help homeowners sell their homes quickly. Additionally, when homeowners don’t have to promote, they spend more time looking for a new living space.
Using a Real Estate Agent comes Less (or No) Mistakes
Selling a home is much easier said than done; especially for homeowners who want to sell independently. Although it is a difficult task, it is doable.
But still, homeowners need to do their research. Those that do not are bound to make at least a couple of mistakes along the way, which can result in expensive repairs, inspections, and more. By using a real estate agent, a homeowner can sleep well at night knowing there will be little (or no) mistakes during the selling process. Sellers can simply sit back, relax, and wait for the offers to come in.
To learn more about why homeowners should never sell their houses independently, don’t hesitate to get in contact with a real estate professional in your area.