May 23

Putting your house up for sale requires a great deal of time and money, both of which can take an emotional and financial toll. That’s why it’s so important to get all the facts before you decide to sell your home.  And the first question  you need to answer is: Will I hire a real estate agent?

Reasons in Favor of Hiring an Agent

  1. A real estate agent is a trained, certified professional with the necessary experience and expertise to sell homes and properties in your area.
  2. Agents tend to be more objective and detached from your personal point of view, and will work hard to sell your home since it is how they make e their commission.
  3. Real estate agents will help you establish a reasonable price for your home, based on their knowledge and training.
  4. You do not always need to be present in order for your agent to show your home to prospective buyers.  Your agent can absorb some of the responsibilities that tend to get in the way of the things you need to be doing as a buyer and a seller.

Cautions When Hiring an Agent

  1. Make sure you are hiring someone with enough experience, who is connected to the community in which you are both selling and buying a home.
  2. Choose an agent who charges a reasonable commissions by comparing the commissions of other local agents. You could spend more money than necessary on an unreasonably high commission.
  3. As the seller, be aware of the pricing and value of your home.  Make sure your agent has not priced your home too low simply to make the sale.  The price should be in your best interest and should be comparable to the listing prices of other similar homes in your area.
  4. Sometimes, your agent may arrange showings for your home at short notice which may prove difficult for your busy schedule.  Good communication is key.  Let your agent know your expectations upfront and communicate any dissatisfactions with him/her immediately.

The  bottom line:  While many people decide to sell their homes themselves, the decision to hire an agent is a big decision that shouldn’t be taken lightly. Diligently research your local market, get recommendations and referrals from friends and family, and interview a few real estate agents that seem like they might be a good fit for your needs.  And most of all, take the time and do the work needed to make the most informed decision possible for yourself and your family.

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