Getting your house ready to sell can be an expensive process. You want the house to look as good as possible in order to draw in potential buyers. This could mean that you need to invest in things like landscaping, new paint, and professional cleaning to name a few. Beyond the cosmetic improvements, you may also have to do repairs on your home that can range widely in cost. If selling your home has already become an expensive process-and you do not even have it on the market yet-then you are likely looking for ways to keep from spending even more money in order to get it sold. One way some home sellers try to save on costs is by attempting to sell the property on their own. You may be asking yourself, ‘Why should I pay a realtor to sell my house?’ This is a valid question, especially when the process has already become expensive. Hiring a realtor to sell your home will cost you money in commission at the closing but you will likely find that getting professional help will save you money overall.
Using a realtor will save you time
Working with a realtor will save you time throughout the home selling process. Your realtor will market your house through a variety of channels to maximize the number of people who see the listing. When potential buyers or buyer’s agents call to ask questions your realtor will handle those calls. If someone wants to see the property, your realtor will work to schedule a showing that fits within everyone’s timeline. When it is time for negotiations, your realtor will talk to the buyer’s agent on your behalf. All of these tasks take time and they are part of a realtor’s job. Do you have time to take a break from your work to field questions about square footage or schedule showings? Do you know how to get your listing posted in the places where buyers go to look? Do you have time to take the photos, write the descriptions, and get the listing up in each of those places? Everything mentioned here is part of what your realtor will do to try and get your home sold. Taking time away from your source of income to complete these tasks could end up costing you much more than you would pay in real estate commissions.
Working with a realtor will minimize the chances for mistakes
When was the last time you completed the paperwork related to a home purchase? For most people, it has been quite a while since they last looked at the details of a real estate transaction. A high quality realtor, on the other hand, likely looks at the details of real estate transactions on a daily basis. This level of familiarity means that good realtors know what types of common mistakes to look for in the paperwork. In addition, they will know if anything looks wrong because of how frequently they handle the buying and selling of properties. Working with a realtor, as opposed to attempting to do everything on your own, will minimize the chances for mistakes that could cost you time and/or money.
A realtor will make cost saving recommendations
Your realtor can save you money in the long run with their recommendations during the selling process. For example, your realtor will help you come up with the appropriate listing price for your home. This price is one that will help your home sell quickly without leaving money on the table. It can be difficult to get the pricing right on your own without being taught how to calculate for that ideal number. In this situation, a realtor can help you maximize the amount of money you walk away with after the house sells.
A high quality realtor is well worth the cost of commissions. They will save you time by handling the logistics of getting your home sold. In addition, your realtor will go through all of the details of the transaction with you and make recommendations in order to minimize the chances for expensive mistakes or oversights. If you are still unsure, keep reading about the benefits of using a realtor. Or, better yet, schedule a time to talk to a local realtor about how they can help you sell your home.