If you are day dreaming dollar signs while thinking about selling your house, then you are way off the mark. As a real estate agent who has handled hundreds of cases, I can tell you that there’s quite a long list of expenses that will make your head spin.
The meager 6% commission of your house sale that goes to the listing agent is for the valuable work they do in helping you selling your house.
What most people don’t know is that there are two types of agents – buyer’s agent and listing agent. There are many real estate agents who perform from both sides and that’s when you know you have got the real gem on your side. A listing agent helps you prepare the house, markets it by highlighting its best assets, and shows it to potential buyers. They perform various tasks that you alone could never do right. With immense knowledge about the real estate market, hiring an agent is a wise choice.
Here are three reasons why you should hire a real estate agent:
1. Setting the Right Asking Price
With ample information about comps, I know how to price your house. An evaluation might not match your set asking price, which will create problems during selling. While it’s not unreasonable to set your price above the market value, you do need to justify the reason behind the increase.
By listing your house on several databases, I will get you multiple offers to help you sell your house for top dollar.
2. Savvy Negotiations
It’s common for an owner to become upset when their asking price is not met. The key is not to show any emotion. A real estate agent has various tricks up their sleeve that allows them to negotiate the deal till the very end until the papers are signed. The rest comes after such as appraisal, inspections, finalizing the paper work, etc, which is taken care by me.
You finally sold your house. Now, you are in search for a new house. The question you should be asking yourself is did your real estate agent make the selling process go smoothly? If yes, then there you go. Contact him and hire him as your buyer agent. Since I work on both sides, knowing your preferences from previous experience, I will be able to get you another dream house.
The reason why you should not go the FSBO route is because it is impossible to gather information about comps and the current market. As a real estate agent who is working on both sides, I have knowledge about the current market value and most importantly, the features that are considered important in a house. So, when you approach me, not only am I getting you a better deal but will also help you in the after sale process.
Steve Bhalla is a real estate agent who’s an expert at helping people buy and sell houses. Visit SteveBhallaTeam.com if you are looking to buy or sell a property with help from expert real estate agents in the market.