In a bid to avoid commission fees, some people try to sell their homes without the help of a real estate agent. However, this is rarely, if ever, a wise decision. Here are two reasons why you should use the services of a real estate agent if you decide to sell your property:
They will help you to make your property more appealing to buyers
Depending on where you live, there could be dozens, if not hundreds of other properties for sale in your local area. With such steep competition, it could be very difficult to attract potential buyers to your home.
A real estate agent who has sold countless numbers of properties will be able to offer you expert advice on how to make your home as appealing to buyers as possible. Their experience and knowledge will enable them to spot those flaws that you haven't noticed which could be deterring people from taking an interest in your property.
For example, if it's been years since you last painted the exterior walls of your home and your driveway is covered in weeds and potholes, potential buyers could be put off your property by its lack kerb appeal. This is an issue which a real estate agent would immediately notice and advise you to rectify.
Likewise, an experienced real estate agent will be able to tell you what type of changes you should make to your home interior to make it more appealing to potential buyers. They might, for example, tell you to replace an outdated bathroom suite or to repaint your kitchen to make it look more modern and spacious.
Their advice could spare you from having to wait months (or perhaps even more than a year) for a buyer to make an offer.
They can help you to negotiate with potential buyers
It's very common for individuals who have found a property they like to place an offer that is significantly lower than the advertised sale price.
If this situation arises and you are handling the sale without the help of a real estate agent, you may find yourself struggling to reach a satisfactory compromise with the potential buyer. Financial negotiations of this kind can be challenging and require a certain amount of skill and expertise.
Your inexperience with negotiating could lead to that person retracting their original offer or (if you need to sell the house urgently) could result in you agreeing to a sale price that is much lower than you wanted.
Conversely, if you invest in the services of a qualified, experienced real estate agent, they will be able to handle these negotiations on your behalf and help you to secure a fair sale price that suits both you and the buyer.