Every year there are a small percentage of individuals who list their homes for sale by owner (FSBO). However, according to the National Association of Realtors® (NAR), selling without an agent is more time consuming and difficult. Many deals fall through without the help of a fiduciary agent working for you! Here’s a few helpful tips that an agent will bring to the table:
#1 Industry Know-how
As everyone knows- when it comes to delving into an industry or skill that is unknown to you, it can be difficult to know where to start! It takes hours of research and time to gain the experience that an agent already has at their disposal. An agent can move you more quickly through the basics of the process and even further through the legalities of the forms.
#2 Negotiation Skills
When it comes to buyers approaching a seller, everyone wants fairness. Finding that happy medium and equality is where good negotiation comes into play. Realtors® have mastered the art of negotiating so that sellers receive fair market price for their homes, while buyers feel they are paying a fair price for their purchase.
#3 Confusing Paperwork Handled
Instead of spending hours of research learning how to navigate the legalese in forms and contracts, turn that over to your agent! They can explain everything to you in terms that is easy to understand. You can have reassurance that legally nothing will be missed or overlooked in the real estate transaction.
#4 Working For You
As a buyer’s or seller’s agent, the REALTOR® has a fiduciary responsibility to you! That means, they will have your best interest in mind. That includes loyalty and confidentiality. It can be a huge relief to know that your REALTOR® brings not only marketing experience and knowledge, but they will have the expert opinion to have your back.