Do You Realy Need A Real Estate Broker To Sell Your Home? Facts To Know
One of the values in American society and culture that many people still uphold is the value of independence. A vast majority of Americans would prefer to do everything on their own without asking for help or assistance. As such, many homeowners looking to sell their home seriously consider going it alone without the help of real estate brokers or agents. If you are one of those homeowners thinking about putting a "for sale by owner" sign in your front yard, get to know some of the important facts about hiring real estate brokers to help you sell your house. Then, you can be sure that you make the right decision as you put your house on the market and get ready to make that sale.
Real Estate Brokers Can Set a Realistic Selling Price
When you are getting ready to sell your home, one of the most important factors to decide on is how much you want to sell your home for. This will take a great deal of research if you want to set a realistic price that will still allow you to either break even or make a profit on the sale of your home.
You will need to consider the price that homes in your area sold for in the recent past, the valuation of your home, the taxes that will go into the sale, and the amount of money you have outstanding on your home loan. If you have made any recent improvements to your home since the last valuation of your property, this too will need to be factored in. This can be a labor-intensive task for a homeowner and can lead to setting an arbitrary price that might not benefit the homeowner in the long-run.
Working with a real estate agent or broker will make this process easier. They have experience and expertise in the are of setting a selling price for a house. You will be able to set a price that is realistic and reasonable. And because many buyers try to negotiate a price down from the asking price, your real estate broker will be able to help you set an asking price that is above the minimum you can reasonably take for your home so there is room for negotiation (improving your chances of making the sale).
Real Estate Brokers Handle Showings and Open Houses
You are a busy person with many responsibilities in your life. That can make it difficult to clear time in your schedule for showings and open houses when you are selling your house. When you post your home in the home listings of your local newspaper or online services, you will likely get a lot of interested parties looking to book individual showings and appointments. Some of these people may be serious buyers while others are just curious to take a look.
If you do not want to waste your time with people just wanting to look around and do not have the time to spare for several home showings with truly interested buyers, a real estate broker or agent can make this process easier for you. They can handle the showings and open houses so that you do not even have to be there when these showings are going on. Your real estate broker will weed out candidates based on how motivated they are to buy and will do the grunt work of selling your house so that you can continue on with your daily life relatively undisturbed.
With these facts in mind, you can better decide if working with a real estate broker is the right choice for you and your home.
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