9 reasons why you need a realtor to sell your home

We Go An Extra Mile To Get You The Best

When it comes to selling your home, everyone knows it’s an emotional journey. In fact, it is one of the hardest decisions of one’s life so you cannot be cool as a cucumber the whole time. This is a fact that we are so invested in our homes and rather for most of the people their home is the single largest investment they make. We have so many great or life-altering memories in our homes from childhood to adulthood to old age, so it’s not easy to let go. But sometimes it’s the need of the hour hence you have to go for it.

First and foremost thing one has to keep in mind is to try to reframe your mindset about the property. It’s helpful to position yourself as no longer a home “owner” but a home “seller”. This results in adopting a more objective attitude to your home. This takes practice as it’s harder but eventually you can cope with it.
Secondly, it’s very important that you chose a right agent as the right realtor will be able to guide you through the process with open communication and earned trust. Getting into “sale mode” can take some time so begin the mindset shift process well before the “For Sale” sign goes up.
We, as realtors, very well discover that our clients are attached to their homes and can’t seem to make a clean break; therefore we always ask them to open up and share their memories. “We always say, “Tell us more”. The discussion helps sellers to cope with the process, while also allowing us to understand how to approach the home sale from a professional perspective.

TIP#1 – Partner up with a top agent who’s been through the selling process umpteen times and can stay cool, even on days when you feel like a train wreck.

Listen To The Market Wisely....!!!

Any financial market can suddenly take an upside turn, be it a real estate market or the stock market or a commodity market. There could be many reasons, maybe a government change, fluctuating interest rates, rising home prices, global trade tensions, financial market volatility, perpetual political upheaval, and could be an economic, financial, or social change. Each and every change has an effect on the market.

Every day there are many new rules and changes in the real estate market. As a layman, one would not be able to understand the market wisely and make a profitable decision.

TIP#2 – Hence, an experienced expert is truly required who has a complete understanding of the market and definitely will help you in taking a fruitful decision.

Say Bye To The Hustle Of Paperwork...!!!!

When it comes to reviewing and understanding the multiple documents involved in buying/selling your house, luckily your agent will be far more familiar with all this paperwork than you are. “Consider this if you’re still thinking about saving money: Some mistakes or omissions in these documents can cost you as much as that commission you were trying to avoid paying—or even far more”.
Here is an example: Maybe a buyer makes an offer on a home, but it’s contingent on getting a mortgage. There’s no possibility that the buyer could purchase the property without first securing financing—but there’s no such contingency or escape hatch built into the purchase agreement to let the buyer out of the deal if financing fails. The buyer is obligated to go through with the sale or be sued if it turns out that a mortgage isn’t happening.

TIP#3 – “Consider hiring a broker for a smaller one-time fee to simply review your contracts before signing if you’re still dead set against hiring an agent to take care of all this”.

Confidentiality and Fiduciary Duty...!!!!

Your real estate agent has your back whether you’re a buyer or a seller. Agents have what’s known as a “fiduciary” responsibility to their clients. They legally obligated to put their clients’ best interests first. This duty imparts a very high standard for confidentiality. As a buyer, do you really, really want to turn over your most intimate financial details to an FSBO seller who’s under no legal obligation to keep the information confidential? The same goes for turning any and all information over to the seller’s agent, who has no fiduciary responsibility to you but only to the seller. Your own agent would know whether any information the other agent is requesting from you is reasonable.

TIP#4 – You do have recourse if you’re the seller and the buyer’s agent has lied to you, misled you, or disclosed confidential information. You can report it to the agent’s professional association, such as the National Association of Realtors. But again, this assumes that the seller has an agent. You’ll have far fewer options if the property is FSBO (For Sale By Owner).

Negotiating Skills is a must.....!!!

You might not be a negotiation shark if you don’t happen to be an attorney, mediator, union representative, or a real estate agent. Remember that fiduciary responsibility your agent has to you. It’s your agent’s job to get you the best possible price for your home or to see to it that you get the best possible deal on the property you want to sell. You, on the other hand, might be willing to come up with $10,000 more to purchase that to-die-for home, never realizing that it’s really not necessary because you possess certain bargaining chips.

TIP#5 – It’s just more money saved if you have an agent who prevents you from taking an unnecessary financial plunge.

Time is a major aspect......!!

How long do you want your home to be on the market? The longer the home is on the market, the less it will sell for, generally speaking. The National Association of Realtors found that homes sold through the Multi-Listing Service sold 20 days faster on average, and 20% of FSBO listings had to renew their listing on the MLS because they didn’t sell.

TIP#6 – There’s a reason a real estate agent is a full-time job. It takes time to stage, schedule property viewings, and get offers on a home. Agents work long hours, as well as weekends and holidays to make sure that the home is sold for the right amount in the least amount of time.

Legalities are taken care of......!!!

Remember that if you choose to sell your home yourself. Some states may not let you go through the home closing without having a real estate attorney present. Not only that but unless you’re well versed in legal documents, you could end up overlooking a required form or disclosure and end up with a lawsuit after closing. A real estate agent knows the legal ins and outs of home selling and can help you make sure you don’t end up with a lawsuit on your hands.

TIP#7 – if you want to play safe and get rid of the legal tensions, a realtor is must.

Marketing Digitally Is The Need Of The Hour...!!!

What is the main component that you need for a successful home sale? Besides a home, you need qualified potential buyers! According to another study done by the National Association of Realtors, in 2020 90% of home buyers looking for their new home online. FSBO sellers can purchase ads in magazines or newspapers, or try and host the listing online, but real estate agents have more ways to get visibility to home, like the Multi-Listing Service across various organic and paid platforms.

TIP#8 – It is easier for a real estate agent to go for online marketing tools for finding the trustworthy buyers/sellers which in turn will close the deal faster.

Valuable Pricing Advice for your home....!!!!

Much like the negotiating, pricing your home can be something that’s hard to separate emotion from. You already know how hard you worked to get your home ready for sale, or the work you’ve put in during the past years you’ve owned the house. It’s hard to keep that out of your mind entirely while coming up with a price to list your home. Agents can help you because they know the neighborhoods, they know the market, and they know comparable housing prices. You still have the final say, and a real estate agent can’t force you to list at a certain price but their experience and knowledge should be given proper credit.

TIP#9 – As a team, you can come up with a price together. But alone, it gets difficult for the owner to price the home according to the market rates.

CONCLUSION
To sum up, selling your house is not as easy as you might initially think it will be. There are a lot of reasons you’ll want to have a real estate agent on your side. From negotiation to fielding interested buyers there’s just a lot to consider and this is what they do day in and day out.

Hiring an agent to sell your home is likely to take a lot of stress off of your shoulders, and may even get your home listed and sold more quickly. This potentially being the best decision you make during the entire process.