Why You Should and Shouldn’t Forgo Hiring a Real Estate Agent
Deciding whether or not to use a real estate agent for a home sale depends on the amount of work you are willing to put in to the entire transaction. A real estate agent has the proper knowledge and tools that could help you move your house in a quick and efficient manner. By taking things into your own hands, you’ll avoid having to pay the commission to the agent, saving you a good amount of money. But, you’re also going to have to take care of the transaction from beginning to end. Refusing To Use an Agent Real estate agents can demand a hefty commission for their work performed. Homeowners can become turned off by this and resort to selling their home by themselves. There are many problems with this, the main being that most homeowners lack the marketing knowledge that real estate agents. Couple that with the negotiation process, and you’re adding even more on your already-full plate. On the flip side, the amount that you make goes directly to your account and you won’t have to worry about cutting a percentile to give to your agent. Consider hiring a real estate attorney to help you out with the transactions and escrow, it’ll save you plenty of headaches. Using an Agent Real estate agents have experience negotiating home sales and will help you obtain more money based on your home’s value. They are experienced professionals that will help set up a fair and competitive selling price for your home and provide all of the necessary information that you need to get it off the market quickly. Overall, by choosing to hire a real estate agent, you’re relieving yourself of the stressful duties that one has to handle without an agent. Bio: Kuba Jewgieniew is the CEO of Realty ONE Group, a real estate brokerage firm that has nearly 5,000 associated in three different states.