Selling Your Home? How a Realtor Can Help Find a Buyer
When the housing market favors the seller, it may be tempting to forgo a realtor and try to sell your home on your own. The lack of inventory may make it seem easy to sell your home for the price the price you want, but not having the experience and tools will make the process difficult. Using a realtor can help you find a buyer in the following two ways.
Pricing Your Home Correctly
Price your home too high and it will sit on the market without anyone showing interest. Price a home too low and you will potentially lose out on thousands of dollars. Finding the right selling price can be a challenge, which is one area where a realtor can help you out.
Realtors have access to the sales prices of the homes in your area, and they can perform a comparative market analysis to see what comparable homes sold for. They will consider factors such as the square footage, number of bedrooms, location, and even the exterior appearance. When they combine that data with what recent homes have sold for it will help give them an advantage of being able to price your home better than you ever could.
Listing Your Home on the MLS
When you sell your home without an agent it is considered a FSBO (for sale by owner) listing. These listings do not have the benefit of being posted on the MLS (multiple listing service) used by realtors across the country. Many real estate search engines automatically pull these home listings from the MLS to add them to their website, which is a huge market that you are missing out on.
Long gone are the days where buyers needed to go to a realtor to find the latest listings, because buyers can do almost everything online now. Passionate buyers will search the listings themselves every single day instead of waiting for their realtor to check the listings for them. By opting to list your home as FSBO you are missing out on this type of buyer that utilizes the MLS to search for their dream home.
Every day that your home sits on the market without being sold is another day that you are paying taxes on the property. Patiently waiting to sell your home could cost you just as much as it would to hire a realtor. Don't put yourself through the hassle of needing to price and advertise your own home when a realtor like Gilbert Realty can do it correctly and efficiently.
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