When it comes to selling your home, leave it to the professionals. While you might think it’s as easy as putting a sign in the yard and waiting for buyers to show up, it’s not that simple. Real estate agents have a lot of experience pricing homes, negotiating, and understanding market trends, which might be the difference between selling your home or not.
Let’s dive into a few reasons why you should hire a real estate agent to sell your home instead of trying to do it yourself, especially in the current market.
Home Pricing
Contrary to what some might think, pricing your home isn’t just picking a number out of the air and hoping it works. Various factors go into pricing your home, including looking at what comparable homes in the area have sold for, what improvements have been made since you purchased the home, and the current market trends.
If your home is priced too high, you risk sitting on the market too long and losing its initial marketing power. If your home is priced too low, you could leave money on the table that could be used towards your next down payment. Pricing your home right from the beginning will make the best first impression and let buyers know you’re serious about selling.
Negotiating/Experience
To get the best deal possible, you need to be able to negotiate, which some people aren’t comfortable doing. That’s where your real estate agent comes in. Depending on how long your agent has been in the industry, chances are they have years of experience working with different types of people and have overcome many obstacles and challenges to get deals closed. Not to mention, there is a lot of coordination with clients, agents, inspectors, appraisers, and more, and it’s difficult to keep it all straight. It will save you the stress and the headache to hire an agent who can handle all of this on your behalf.
Marketing
Listing your home with a real estate agent gives you access to more marketing platforms than if you listed the home yourself. More exposure leads to more buyers in and out the door, which hopefully means more offers to choose from. One of the biggest platforms your home will be added to is the Multiple Listing Service (MLS), which other agents use to help find listings for their clients. Think about how much exposure your listing could get by being posted on their social media pages and seen by their network of clients, agents, and more.
While initially it might seem easier and cheaper to list a home on your own, you’re doing yourself a disservice by not hiring a real estate agent. In an ever-changing market where you never know what could happen, having the right people in your corner is important. If you have any questions about the current market or how to list your home, please contact us! We would love to review your options and see how we can help you!