When you sell your home yourself, also known as “for sale by owner” (FSBO), it might seem to be a good way to save thousands of dollars. After all, the average real estate agent commission in the US is 5% to 6%. Given the size of this fee, you might believe that acting as your own seller’s agent would be well worth the savings. To get the best information for this purpose, you should check US real estate market companies’ reviews.
Check why you should choose a real estate agent
1. Agents avoid emotional sales.
Selling a house is usually an emotional experience. Using an agent keeps you one step away from the process and reduces the chances of making costly mistakes like overpricing your house, refusing to counter a low bid because you’re annoyed, or giving in too quickly when you’re on a tight deadline.
When a seller checks multiple times, it indicates, correctly or incorrectly, a willingness to accept a lower price. If you don’t use an agent, you’ll have to deal with rejection on your own any time a buyer’s agent tells you the client isn’t interested. Hearing some of the buyers’ remarks and, often, sellers can be very disturbing as a homeowner.
2. Real Estate is a full-time job.
Is it easy for you to run home from work any time someone requests a tour of your home? When your phone rings with a prospective customer, may you excuse yourself from a meeting?
Do you have the energy at the end of a long day to take advantage of any possible opportunity to sell your home? Are you an expert in the field of real estate marketing? Will you have some prior experience with this? Most likely, you’ll answer “no” to each of these questions.
All of these questions are answered affirmatively by an agent. You’ll also get a lockbox for your front door if you go through an agent, allowing agents to display your home even if you’re not around. It would help if you endeavored to go through reviews on us-reviews.com for the right guide.
3. Agents have access to large networks.
Yes, you can use Zillow, Redfin, Craigslist, and even the multiple listing service (MLS) that agents use to list your home. Would that, however, be sufficient? Even if you have a substantial personal or professional network, certain people are unlikely to spread the news of your house being for sale.
You don’t have any partnerships with customers, other brokers, or a real estate agency to help you find the best buyers for your house. A smaller pool of potential buyers means less interest for your home, which means you’ll have to wait longer to sell it and may not get as much money as it’s worth.
4. Unqualified buyers are being weeded out.
An agent can determine whether a visitor to your home is a qualified buyer or simply a daydreamer or curious neighbor. Any time you have to put your life on hold, make your house look beautiful, and present your home, it’s a lot of work and a massive disruption. You want to keep the showings that are most likely to result in a sale to a minimum.
When buyers visit a house, it’s often inconvenient for them to be accompanied by the seller rather than the seller’s representative. The owner should never be present when showing a house. Nothing makes a prospective buyer feel more uneasy than the presence of the current owner. Many buyers hurry through a house while a seller is present and don’t think much about what they see.
5. Negotiating Prices Requires Skill
You don’t have advanced experience negotiating a home sale, even though you have sales experience. Because the buyer’s agent knows what they’re doing, they’re more likely to win the negotiation, which means less money in your pocket. An experienced selling agent may have negotiated hundreds of home purchases. They are aware of all the tricks, as well as the warning signs of an anxious or dishonest buyer.