While it may be tempting to buy or sell a home by owner and in turn, skip having to pay a Realtor commission, there are actually several reasons why your real estate agent fee is well worth it.
One reason is because licensed real estate agents have access to the Multiple Listing Service, or MLS, which provides a plethora of information about homes that are currently listed for sale, as well as details about off-market homes and properties (that may still be available). In addition, a large percentage of buyers are found for homes through word of mouth.
For example, most experienced real estate agents have a list of people who are seeking a certain type of property – and when one appears on the market, it can oftentimes just take a simple phone call to match up the ideal buyer with the home of their dreams.
Once this match has been made, good negotiation skills are typically needed – and this is something that experienced real estate professionals possess. Your agent can help you to come to an agreeable price and terms – which can end up earning and / or saving you a great deal of money in the long run.
And, when it comes time to complete all of the paperwork that is necessary for buying or selling a home, having a real estate agent as your guide can ensure that the forms are filled out properly, and that you won’t end up missing important deadlines.
If you’re considering the purchase and / or sale of a home, give us a call. We will provide you with all of the details you need for a successful and stress-less transaction – regardless of which side of the table you’re on.