You're ready to sell your home, but you aren't sure if you can handle the task on your own or if you should hire one of our real estate agents. We think it's important for potential home sellers to understand what a real estate agent does so that they better understand the value and convenience provided by an agent. Here's what you need to know.
- There are Different Types of Real Estate Agents
There are multiple types of real estate agents to assist different parties with buying or selling a home. A listing agent is a real estate agent hired by an individual who wants to sell a home. They're responsible for listing the home and selling it for the highest price (and most favorable terms) possible. Buyer's agents work with individuals who want to purchase a home. They help buyers find properties that meet their needs and represent the buyer's interests throughout the process.
- What You Can Expect from Your Real Estate Agent
A real estate agent handles the activities associated with selling or buying a home. When selling, your agent will make recommendations to help you command the highest sales price (like staging your home or making minor updates). Once your property is ready for sale, your agent will market and show the home to potential buyers. They'll use a listing service to help potential buyers find your home. Your agent will use comparable sales data to help you decide what price you should list your home at. This portion of the selling process is extremely important; you don't want to leave money on the table, but you also don't want to price your home too high and discourage potential homebuyers. An agent can schedule open houses to attract potential buyers. They'll also handle showings for your home.
Buyer's agents will assist buyers with drafting and making an official offer on a home. Listing agents advise home sellers on how they should respond to a buyer's offer. Once the seller accepts an offer, real estate agents help guide the home selling process so that everything goes smoothly. They'll ensure that certain activities are completed by the required dates (like scheduling a home appraisal or inspection). If a problem arises before the sale closes, your real estate agent will work to salvage the sale. For example, if a home inspection shows that your property has issues, they'll work with the buyer's agent to reach a solution that's acceptable to both parties.
- Benefits of Using a Real Estate Agent
Using a real estate agent is an effective way to get the most money possible for your home. They know what changes you can make to guarantee your home is as appealing as possible to homebuyers. A real estate agent also handles hours of work that you would otherwise need to take care of, like listing your home, scheduling home showings, and marketing your property.
In today's market, you want a trusted partner in your corner, whether you're buying or selling a home. Want to learn more about how a real estate agent can help you sell your home? Contact us today to schedule an appointment!