TIPS & TRICKS
Top 5 Reasons to Use a Real Estate Agent vs. For Sale By Owner (FSBO)
1. Agents have access to large networks
A Qualified Agent will not only have access to a Multiple listing service (MLS) but also a plethora of network opportunities. Find an agent that can show you a list of potential buyers that are looking in criteria close to your property specs. Agents also have Multiple colleagues within their brokerage that will most likely have buying clientele that might be interested.
2. It's Their Full Time Job
Find an agent that has dedicated their profession to this career. They will have a knowledge of how to market your property with more efficient methods that have proven results. Most buyers these days look for a new home online. An agent can easily do all the marketing for you, getting more visibility to a home.
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3. Filtering Unqualified Buyers
It takes a certain skill set to ask the right questions and make sure a buyer has the right mindset. An agent can ask the proper closing questions and limit the hassles and interruptions. An agent will also attract more qualified buyers through professional means of communication. This is a large, legal transaction that will need to be negotiated. An agent can handle any and all communication with the buyer, the buyer’s agent, inspectors, the bank, and more.
4. Understanding Legality
Home sale paperwork needs to be completed by an expert to reduce the risk of negligence, or any issues with disclosures. An agent has done this multiple times. They know the questions to ask and the contingencies to add in order to keep you out of trouble and keep the transaction from falling short.
5. Eliminate Emotion
Working with a good agent means they’re not only going to try to sell your home, they want to earn your business or others down the road. Because of this, they will have a more critical analysis during decision making. This will help you make less mistakes in terms of overpricing your home or refusing offers. It is easier to hear criticism when it comes from someone who is on your side.
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Using a real estate agent is often preferred over a "for sale by owner" (FSBO) approach due to the agent's expertise, market knowledge, and negotiation skills. Real estate agents can provide valuable guidance, market exposure, and professional marketing resources, ensuring a smoother and more effective selling process. They handle complex tasks, legal matters, and negotiations on behalf of the seller, saving time and reducing stress. While FSBO may save on commission fees, the advantages of a real estate agent, including their ability to secure better deals and navigate intricacies, make their services a preferred choice for many property sales.