If the thought of selling your home—or any property, for that matter—stresses you out, you’re not alone. Selling a property is a daunting process with so many moving parts that handling it yourself can quickly turn into a frustrating experience. This is where realtors can step in to make the entire transaction easier.
A realtor is a professional who is licensed to assist their clients in buying and selling properties. Having a realtor take the reins in selling your property can both lessen the time and effort involved and ultimately meet the goal for both buyer and seller.
Here are some reasons why you should consider getting a realtor onboard with selling your property instead of doing it yourself:
They act as the middleman
Though it might be tempting to go straight to the buyer, the buffer that a realtor provides is invaluable. While some sellers prefer to speak to buyers directly, not all are comfortable with negotiating upfront. Realtors are trained to, and they can even handle negotiating the property’s price between both parties.
A realtor’s presence also mitigates the risk of conflict. Negotiating over a property’s value and getting into potential disagreements is a point of conflict that both buyers and sellers fear. Realtors can communicate what both the buyer and seller are willing to give and come up with a compromise, where possible.
They help find just the right buyer
Finding a buyer might be difficult on your own, even if it is an opportune time to sell. However, a realtor will always be equipped with the necessary network and skills to market your property and find just the right client. Aside from that, your realtor is qualified to add your property to different listings and platforms, and these need to be made appealing to potential buyers.
Your realtor will also take care of marketing the property for you, which is a great advantage since a high standard is expected of marketing content placed on property listings and other platforms. Photos need to be well composed and lit, and the ad’s design must look clean, polished, and enticing. With these in mind, your agent will make sure you have just the right ad to attract buyers.
They can take charge of open houses and house showings
Most people run on a pretty tight schedule. If you’ve got a property that’s currently on the market, then this entails having to accommodate house showings to prospective buyers. At times, this can become a lot to handle as you try to find the best schedule to meet, especially if you live far from the property.
Instead of handling it yourself, you can depend on realtors to do the work of conducting showings and open houses for you, as they have the time and resources to set-up these events properly!
They can find just the right price for you
Realtors know the market well; they work on selling different kinds of properties every day, after all! They should have a good idea of how much your property can sell for, especially compared to similar ones on their listings. Your agent will use other properties that have recently been sold in the local area as points of comparison.
Their average selling prices are a good indicator of what you can realistically expect, and it will help you adjust accordingly by raising or dropping your selling price. Your realtor should be able to help you price it just right—not too high and not too low, either!
They protect you, as their client
While realtors manage negotiations between two parties, as you are their client, they will keep your preferences and best interests in mind. This is called the fiduciary responsibility, which legally obligates agents to act on behalf of and in the interest of their clients. Engaging with a non-licensed agent or going straight to the buyer may be quick and easy, but they may also cost you the deal or your financial security that a licensed realtor can assure!
At the end of the day, it will come down to whether or not you and your buyer will come to an agreement. Selling a property is no easy feat, but it doesn’t have to be a long and grueling process. Hiring a realtor you can trust will not only close that deal, but he or she will be able to make it less of a bumpy ride.
Are you thinking of hiring a real estate agent to sell a house in Owensboro, Kentucky? Here at The Blake Hayden Group, we believe that the success of your real estate transaction depends on the commitment of the professional that guides you. Whether you’re an investor, homeowner, or tenant, you can depend on our over 35 years of combined experience and dedication. Get in touch with us today!