How Real Estate Agents Help With Homes For Sale

 

Although it's true that listing and selling properties online is easier than ever, many homeowners still use a real estate agent. According to the National Association of Realtors, more than 88% of all real estate transactions in America are handled by a broker or agent. Why is it that most people are willing to pay up to 7 percent in commission fees to a realtor for the value of their home? Let's see!

Buyers Benefits

The average buyer may not know how much their final bill will be because there are so many fees and costs associated with buying a home for sale. Most shoppers overspend because they don't know about additional costs. Sedona Homes For Sale The best thing about working with a broker to help a buyer decide how much they can spend on a property is the ability to help them determine their budget.

Reputable lenders can be recommended by realtors. Their services are often well worth it for the assistance they provide in financing your home. For first-time homebuyers who are often concerned about getting a loan to purchase their homes, this is particularly true. A seasoned agent can connect first-time buyers with lenders that may be more open to them.

A good broker will help clients understand the cost of owning a property. This includes taxes, insurance, maintenance and other fees. Although this information can be shocking to potential buyers, it will help them make informed financial decisions.

Benefits to Sellers

It can be difficult for homeowners to estimate the property's value even with the Internet. Why? It's their home and they will feel emotions. Self-sellers are not uncommon to overvalue their homes. It is not surprising that properties that are being offered for sale by their owners take longer to sell.

It is also important to mention that realtors are more familiar with pricing homes than self-sellers. This means they can often come up with better values. Agents are often involved in local markets and are therefore more familiar with trends and information that could affect prices.

The marketing department is another area in which brokers are able to offer a significant advantage over self-sellers. Licensed brokers are the only ones who can add homes to the local Multiple Listing Service. Potential buyers and realtors can access this service as a valuable resource. It is believed to be one of the most effective ways to market homes in any region.