4 Benefits of Having a Real Estate Agent When Selling Your Home

    Couple looking at house with agentSome people think that when they list their house for sale, they can save money by eliminating the need for a real estate agent. Sadly, those people realize a little too late that a real estate agent does a whole lot more than stick a “for sale” sign in your yard and collect commission. As a matter of fact, there are a lot of intricate details in real estate law, and a genuine need to have a qualified, professional real estate agent to assist you with the sale. The amount you’ll spend on real estate commission fees is a whole lot less than what you may pay in a lawsuit if your “for sale by owner” endeavor goes badly. Here are just a few of the reasons you need a real estate agent on your side when you list your house for sale.

    First, your real estate agent can help you properly price your property. Home values change, and the real estate market is flexible. A home worth $300,000 when you purchased it may have lost value over time, or to the contrary, may have gained value. In order to determine the current home value of your property, you’ll need a Comprehensive Market Analysis, or CMA, which your real estate agent can provide. A CMA gathers information about houses in your area that are similar to yours and have recently sold. By comparing similar homes in your neighborhood that have recently sold, you’re able to determine what buyers are willing to pay. Sales price is different from list price. List price is what an owner hopes to garner in the sale, whereas sales prices is actual amount paid. If you price your house too high, you’ll scare potential buyers away, and if you price it too low, you sell yourself short. Trust your professional real estate agent to help you price your property properly from the get-go.

    Second, your real estate agent can help you prepare your home to go onto the market. Real estate agents know what buyers are looking for, what they’re attracted to, and what turns them off. Your agent will advise you on how to properly stage your home for showings. Staging your property means everything is clean, fresh, and prepared for viewers. If anything about your property is broken or in disarray, repair it. If anything looks dingy, give it a fresh coat of paint. Colors should be kept in warm neutrals, such as beige, soft grays, sage, or olive tones. Remove any personal items such as photographs or personal collections. Minimize furniture, remove bulky items, and arrange furnishings into conversation areas.

    happy couple with childThird, your real estate agent has a marketing plan created from expertise. Your agent knows how to market your property, and how to bring in potential buyers. Real estate agents network with others in their industry to create an open line of communication about new houses entering the market. When your agent schedules an open house, try not to be there when the house is shown. It can be difficult listening to potential buyers comb through your property with a critical eye, expressing openly what they do or do not like. Your real estate agent can be a filter between you and potential buyers. You should also try to find a place for your pets, if you have any, during showings. Some people aren’t animal-friendly or may have allergies.

    Next, your real estate agent has extensive knowledge about real estate law and contracts. Your agent will help set up the home inspections, appraisals, and other processes your house will go through during the sale. In the event of multiple offers, your agent can help you determine which offer is best suited to you, and can help alert you to red flags, warnings, and contingencies or inclusions that aren’t in your best interest.

    Real estate agents invest themselves, their education, and their experience into the sale of your property, helping you get the most bang for your buck. They’ll help you price, prepare, and market your home, and will help you through the legal processes involved. Yes, your real estate agent will collect a commission on the sale price of your property, but they are worth every single penny.

    Thinking about selling your home? Give us a call at 704-258-3117.

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    11 Responses to “4 Benefits of Having a Real Estate Agent When Selling Your Home”

    • John Carston

      Written on

      My parents may be selling their home and now that I’m looking into real estate agents it looks like I may recommend that they not sell their place on their own. It makes sense in hiring a real estate agent since they can help them get the most from their home with their help in pricing. Also a marketing plan seems very effective for bringing in potential buyers. Thanks for the real estate advice.

      Reply
    • Tara Allen

      Written on

      Hiring a real estate agent would be really nice in finding several homes that you can afford in the area that you want to live in. Having an open line of communication between buyer and seller would be very convenient. I really like that real estate agents have extensive knowledge of the market and housing contracts.

      Reply
    • Diane Jackson

      Written on

      I love all the reasons for getting a real estate agent. I think that that one that strikes me especially is how to prepare a home for the market. Just that idea of staging a home is foreign to me and something I will need help with. I will totally use a real estate agent when we sell our home.

      Reply
    • Charles Kemp

      Written on

      I never thought about the real estate agent helping to prepare you to go onto the market. I guess it would be nice to know how to get everything going especially if you don’t know what kind of house would suit you best. I am really glad that you mention this. I also think it would be nice to just have someone working with you to make sure that you are looking at the right types of homes.

      Reply
    • April Cook

      Written on

      I am planning on selling my home this summer, and I was wondering if I really needed to hire a real estate agent. This article has convinced me that I do! I could definitely use the help of a professional to get my home prepped and staged. Is it smart yo use the same agent to help you find a new home too? Thanks for the tips!

      Reply
    • Wade Joel

      Written on

      My dad is looking into selling his current house. I dod not know that real estate agents set up so many things to get your home ready to sell. They set up home inspections and appraisals. I feel like I have a little better understanding of what real estate agents do now.

      Reply
    • Lillian Schaeffer

      Written on

      This is some great information, and I appreciate your point that a real estate agent can help you prepare your home for the market. My husband and I are living in our first house, but we’re going to be moving soon, so this will be our first time selling a home. We’ll definitely look into finding a real estate agent that can help us get it ready to go on the market. Thanks for the great post!

      Reply
    • Faylinn

      Written on

      My husband and I have been thinking about selling our home and moving to another place. We have been thinking about selling our house by ourselves, but I really like these four points that you have made here about why it is important to have a real estate agent do it. I really like the idea that he or she would have a marketing plan, because we don’t really have one yet. However, how can we know which agent’s plan would work best for us and get our house sold the quickest?

      Reply
    • Nathan Johnson

      Written on

      Thanks for going over all of these reasons to have a real estate agent when selling. My parents had been living in their house for almost 20 years and so the house has a lot of sentimental value to them. They were originally going to try to sell the house on their own without a realtor. However, they found a great realtor who has made all the difference for them. They got a good price for the house and everything turned out well. Thanks for sharing!

      Reply
    • Nash Rich

      Written on

      I know so little about this kind of stuff, I know if I were selling a home, I wouldn’t be able to put an accurate price on it. I can see how a professional would be good at doing that. I also wouldn’t know how to market it either, and with no marketing, no one is going to see your house! Thanks for the info.

      Reply
    • Charles Kemp

      Written on

      I think having a real estate agent help you out is one of the best things that you can do. Real estate agents have plans like you mention and it makes sense to have the marketing side with you. I would love to have help especially since I have no experience.

      Reply

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