If you are getting ready to put your house on the market, you may be thinking that you have everything that you need to market your amazing home and to find the perfect buyer. It’s true that selling your home without a real estate agent, also known as For Sale By Owner, can save you some money in the transaction. Real estate agent commissions are typically in the range of 6% of the sales price of the home. But that may be money well spent to get top dollar for your home’s sale because the benefits of working with real estate agents can be pretty significant:
They know the market
One of the biggest benefits of working with a real estate agent is their knowledge of the home market in your area. They’ll be able to tell you what buyers will want to pay for your home and make sure that it is priced well. A good real estate agent can also tell you what features of your home to highlight, what features aren’t desirable in your market, and what upgrades may be make your home more valuable.
They know how to advertise
Another benefit of real estate agents is that they have access to resources to get your home out in front of potential buyers that normal people just don’t have. They can list your home on the Multiple Listing Service (MLS), take professional-quality photos, and network among fellow agents and real estate professionals. This is especially true for real estate agents who work with an established brokerage firm.
They know the paperwork
The last thing you want during a home sale is for the deal to fall through because paperwork wasn’t submitted correctly. A huge benefit of real estate agents is that they will take care of everything from the purchase contract to getting you connected with the right title company to take care of the closing. Letting an experienced professional take care of these details frees you up to focus on your job, your own home search (if you are also in the market for a new home), and living your life.