When it comes to selling your home, it might be tempting to do it yourself, but is it really the wisest move? Having the knowledge and experience of a good agent is important, but with the Federal Government continuing to taper bond purchases and mortgage rates, the need for using a real estate agent is growing.
Each state has their own regulations and paperwork for selling and purchasing property. The rules and requirements are constantly changing which makes it a wise move to have an agent who can help you navigate through the entire process and answer your questions.
Negotiation is another key element. Having a professional on your side can really give you an advantage. The National Association of REALTORS announced, “the typical FSBO (For Sale by Owner) home sold for $184,000 compared to $230,000 among agent-assisted home sales.” Are you willing to take the risk of losing out on your homes profitability?
With all the information out there, do you really know what is really going on in the market? What are the mortgage rates like in your area? How much should you offer on your dream home without paying too much? A real estate agent has knowledge of these things and is here to help make your buying/selling experience go as smoothly as possible.
What have been some of your concerns about hiring an agent? Have you sold your home on your own before? Would you do it again?