Five Reasons to Get a Professional’s Advice When Selling Your Home
If you’re thinking of placing your home on the market and selling it yourself to save money, you could be setting yourself up for frustration and financial loss. Here are some compelling reasons why DIY is best left to home improvements when it’s time to sell your house:
1. Pricing Your House Correctly
One of the most important real estate listing strategies is pricing your home according to an accurate comparative market analysis or a CMA. Professional listing agents know which recently sold homes to include in your CMA and which ones to exclude. They have access to the freshest data and the insight to select the variables most relevant to your property.
2. Getting More Qualified Customers to View Your Property
Getting foot traffic—that’s what’s important in selling your home. When you have a higher quantity of prequalified buyers showing up at your open house and buyers’ agents showing their clients your property, you’ll have a higher chance of entertaining competitive bids.
3. Choosing the Best Offer
When those offers do come in, do you know which one deserves top ranking? Are you skilled in working with agents to motivate buyers to make a competitive deal? Some offers look brilliant at face value when the true “contender” might not measure up to the untrained eye. When you contract with a professional listing agent, you’ve got experience on your side.
4. Facing the Challenges of Closing
You’ve accepted an offer and are in the inspection process. Your buyer has come to you with requests for repairs. When do you push back, and when do you comply? Your real estate professional will work with their counterpart to make sure the deal gets done to everyone’s satisfaction and without robbing you of your potential profits at closing time.
5. Selling Your House for the Highest Price
The 2016 Profile of Home Buyers and Sellers, a study done by the National Association of Realtors, found that sellers who used a real estate agent sold their homes on average at $60,000 higher than owners who didn’t have the help of a professional agent. That’s a lot of money, especially when you consider the effort and resources a listing agent saves homeowners when they represent your listing.