Are you Considering Buying or Selling a Home?
Selling or buying a home is one of the biggest decisions a homeowner makes in their lives. It is a difficult decision to arrive at considering the amount of investment at stake. However, the biggest dilemma for many homeowners is to determine whether they should seek the services of a real estate agent while purchasing or selling their property.
What are the facts?
A study conducted by the National Association of Realtors in 2011 indicate that homes put for sale by homes owners account for only ten percent of the home sales in that year. It also revealed that homes put for sale by homeowners went for an average of $150,000 while those put for sale by a real estate agent were sold for an average of $215,000.
Most of the homeowners believe that they can save money and time by selling or buying homes on their own. Unfortunately, this isn’t the case. Selling a home for a good price requires a lot of effort and immense skills that many homeowners lack. A typical homeowner may not know the right price to set for their home or the necessary paperwork required to complete the sale. There is no doubt that a real-estate agent can help safeguard your interests. If you are purchasing a home, they can potentially help you to save a lot of money.
Why would you consider a real estate agent?
If you are buying a home, you are not required any fees to the real estate agent. They usually earn a commission that is paid by the individual selling the home. If you are a buyer, a real estate agent can help you to get the best value for your money. They are professional salespeople, so they are trained to bargain on behalf of their customers.
If you sell your home through a real estate agent Rockwall tx, you can benefit from the Multiple Listing Service (MLS) that provides the most recent news about homes on sale in your neighborhood. The MLS service isn’t available to the general public. The MLS provides essential information such as price changes, taxes, the duration the home has been on sale and other important features of the home.
Additionally, most of the real estate agents have all the details about the neighborhood where the home is located. Such information is crucial since it will help a buyer to decide on whether to buy the home. A good real estate agent should know if the area has good infrastructure, schools, hospitals, recreational areas and other vital amenities.
If you are selling your home, there is no other better way to do it other than through a real estate agent. They understand the market better and therefore set an appropriate price that makes your home sell faster and yet make good money for you. They have access to crucial information that the general population cannot access such as the MLS. Such tools enable them to put your house to millions of customers at a minimal cost.