Selling your home in today’s market comes with plenty of benefits. You’ll take advantage of record-high home prices and participate in one of the hottest seller’s markets in recent history. Many places in the country see homes sit on the market for less than ten days and receive dozens of offers above the asking price.
Why work with a realtor to sell your home?
Realtors bring a lot to the table when conducting real estate transactions. They handle nearly every part of the selling process from start to finish to make selling your home as seamless as possible.
Realtors will help you start selling your home and provide advice on pricing, attracting new buyers, and staging your home effectively.
You can get more for your home
Realtors help sellers get more for their property compared to FSBO listings. In fact, one study found that realtor-assisted homes sold for nearly $80,000 more than listings that didn’t use a realtor.
You’ll get more exposure for your listing
Realtors are often expert marketers and know how to get the word out about your new listing. Those who list their homes as FSBOs may not have the necessary experience in marketing to attract enough buyers to generate interest in the home.
Realtors help with staging and preparation
Realtors also know how to prepare a home for sale. They’ll often recommend repainting to neutral colors and doing a deep clean of the entire house, particularly to areas like the kitchen and bathrooms.
Realtors are essential for contract negotiations
One of the main reasons you should use a realtor to sell your home comes down to contract negotiations. Instead of going back and forth with the buyer’s agent, your realtor will handle all negotiations and present you with every offer. Realtors will offer their opinion on which offers to accept or make counter offers on so you make an intelligent decision when selling your home.
Realtors have a fiduciary obligation
Working with a licensed realtor establishes a fiduciary obligation and agency relationship, which means the realtor must act in your best interest throughout the buying and selling process. They must prioritize your interests, regardless of potential sale prices and commissions.
There’s no debate that realtors are essential in the home buying and selling process. Studies have shown that FSBO listings continually get less money when compared with listings that have a realtor representing the seller.
Be sure to do plenty of research into the credentials of realtors to ensure you’re working with a knowledgeable agent with a track record of getting results for their clients.