Selling your home is a big deal. Not only is your house likely the biggest purchase you’ve ever made, but it’ll also be the biggest sale you’ve ever made, too. You could try and negotiate the sale yourself by listing your home for sale online, or you could hire a real estate agency to handle it all for you.
In this post, we’ll take a look at some of the top reasons why you should have a real estate agent on your team.
#1 – They Understand the Current Market
A local real estate property management agency knows the current market and is aware of the mean prices for homes in your area. They’ll be far more knowledgeable regarding how much your property is worth and what sort of asking price would be fair and reasonable.
If you decide to go it alone and list your own property, chances are you won’t really know what your house is worth to anyone looking to buy a residential property at your location.
#2 – You’ll Get a Better Price
Not only will your real estate agent know what the current market value is of your home, they’ll be a more experienced negotiator. You’ll be far more likely to find a buyer willing to pay your asking price (or close to it), if you have an experienced agent on your team.
It’s true that you’ll pay the agency a commission on the sale, but that commission is likely to be less than the amount you might lose on the sale if trying to sell your home yourself.
#3 – No Need To Worry About the Legal Side of Things
Your agent will handle all of this for you. When a house is sold and a contract is drawn up, the process then goes to a conveyancing solicitor, who handles everything right through to settlement (usually 30 days). The agent will organise all this for you, and all you’ll then need to do is wait for settlement day and have the money deposited in your account, minus anything still owing on your mortgage.
#4 – Agents Know Buyers and Investors
Many real estate agents personally know a number of regular property investors. These investors add to their investment portfolios from time to time, and even if there’s currently no one interested in viewing your home, your agent can call up their investor list and potentially find an interested buyer that way.
It’s a massive advantage agents have compared to someone trying to list and sell their house themselves.
#5 – An Agent Can Offer Suggestions On getting Your Home ‘Buyer-Ready’
When people come to inspect your home, you want to present it in the best possible light to create a positive first impression. Your agent will be able to offer many handy suggestions to ensure this is the case.
If your house puts a potential buyer off in any way, then you’ve lost them, so it’s wise to really listen to what your agent suggests and act on those suggestions. It could be the difference between getting a sale and losing a buyer.
#6 – The Paperwork Process Is a Breeze
Apart from reading through and signing contracts, as the homeowner, you’ll barely have to deal with any of the paperwork associated with selling your property when a real estate agent is handling the negotiations and sale on your behalf. Whether it’s buying and selling property or property management services, your agent will handle all the necessary documentation.
#7 – How To Find a Real Estate Agent In Your Area
First, you’ll want to compile a list of real estate agents in your local area. One of the simplest ways is just to search in Google and see what comes up.
As an example, if you’re living in the Carlingford area of Sydney, try search phrases like:
- Real estate agents in Carlingford
- home for sale in Carlingford
- Sell my home in Carlingford
- Carlingford real estate agents
You’ll get a list of real estate agents to try, as well as discover some handy information on how to sell your property in your local area.
Enlisting the services of a real estate agent will simplify and speed up the sales process, leaving you free to get on with everything else you have to do in life.