- Real Estate
7 Reasons Why You Should Not Sell Your House without a Realtor
Why You Shouldn't Sell Your House without a Realtor
Selling a house without the help of a realtor can result in a great deal of paperwork. Additionally, you may be faced with many choices best handled by a professional in the field. Although a realtor will require a fee, he or she can help you avoid financial and legal pitfalls associated with selling a home.
Selling a house involves a great deal of time. Someone must be present to show the house, work with prospective buyers, and deal with the necessary paperwork. If you work full time or are relocating to another house, you may not be able to devote the necessary time to selling your home. A realtor is responsible for showing the home, dealing with prospective buyers, and doing the paperwork properly.
Your realtor brings an air of objectivity to the sale of your home. Understandably, you are likely attached to your home and the way it is arranged. To you, selling your house will be an emotional event. A realtor can help you assess the potential offers from an objective, expert perspective, offering a professional and researched opinion on the monetary value of your home.
5. Assessment Skills
Realtors can help determine the sale value of Eden Prairie homes. Realtors assist in assessing other things as well, such as what home repairs should be made in advance and what should simply be removed from the sale price. Sometimes it is in the seller’s best interest to make repairs before selling, other times not. A realtor can explain which repairs should be done and why.
4. Working with Buyers
Realtors handle contact and negotiation with all potential buyers. A realtor can determine whether an interested party is financially able to secure a mortgage and can handle and haggling over the price without forcing you to get involved in every little detail.
How to Sell Your Home - Know When to Sell Your House
3. Paperwork and Legality
Your realtor must have a license to operate as a realtor. This licensing process ensures that the realtor is prepared to know what he or she can and cannot say to the potential buyer for legal reasons.
Furthermore, there is a great deal of legal and financial paperwork involved in selling a home. Your realtor will have your best interests in mind and has a process to ensure a legitimate and smooth sale. Since each sale is different, a realtor can also write in special terms and requests using the proper wording and methods.
2. Advertising Your Home
When a realtor lists your home, he or she will advertise it in store fliers, on the internet, and in the Multi-List Service (MLS), a book and online resource utilized by other realtors searching for homes for their customers. You won’t have to invest time or money into these advertising methods.
One of the most important aspects of selling a home involves price negotiation. Your realtor is familiar in dealing with the value of Eden Prairie homes for sale and will do his or her best to ensure that the house is sold for as much as possible.
Lastly, it’s important to remember that realtors work on commission. It is in your realtor’s best interest to market the sale well and sell the house for the highest possible price—the bigger the sale, the more money the realtor makes. You may think you’re saving by not using a realtor, but you may end up spending just as much money on legal and closing fees without one!