Whether it’s re-modeling a room, landscaping your yard, or working on a car, a DIY project can be fun and rewarding. When selling or buying a home, people often find it appealing to DIY that process without an agent. After all, how difficult can it really be?
The answer to the question is, it can be more difficult than you think. Here are four compelling reasons why selecting a reputable, local real estate professional is beneficial to consumers, especially to sellers:
1.) Negotiation skills:
• Real estate agents negotiate transactions for a living, so we understand the intricacies of contract and price negotiations.
• Understanding and being familiar with current market conditions affect the negotiation process and outcome.
2.) No emotional connection:
• Agents are not biased. Your house is your home. You are invested emotionally into your home and have strong sentimental ties to the memories you’ve made there. Real estate agents are not connected to the property and are able to make objective, sound financial recommendations.
• Real estate professionals understand what buyers are looking for and can be an impartial advisor as to what improvements to make or not make to get your home sold.
3.) Dealing with buyers:
• Agents accommodate the schedules of prospective buyers and show them your property when they’re available.
• Pre-qualifying potential buyers and following up is a time-consuming task that agents undertake on your behalf. This ensures that those who do come through your home are actually qualified to make an offer.
4.) Legal Exposure:
• Agents are trained and experienced in preparing agreements, educated in disclosure of material facts,and tenacious in adhering to timelines and fulfilling contingencies. Homeowners without this training and knowledge can put themselves at legal risk.
• Agents and their Brokers carry Errors and Omissions Insurance in case of an error.
• Agents must, by law, complete continuing education classes every year, so we can practice selling real estate safely and efficiently.
• As your representative, agents keep your transaction seemless and lawful.