Almaz Habteslassie, Executive Club Award Winner, One of the best Habesha Real Estate Agents in Washington, DC area, VA, MD & DMV area
Even if you have the experience and the resources to sell your house by your self, doing so can be expensive and extremely time-consuming. Real estate agents sell properties for a living and their wealth of experience can be invaluable. Additionally, using an agent also gives you legal protection.
The amount of assistance you get from a Realtors depends on the type of service you want, and what you’re willing to pay. You have Options range from self-service to discount brokerages to full-service firms.
While the commission paid to a realtor can seem like a loss of profit when you sell, there are benefits to hiring someone to help you sell your home.
You might be tempted to avoid a real estate agent, save the commission, and just sell your home yourself for sale by owner” (FSBO). While tempting, the risks of going it alone likely outweigh the benefits, in most cases. Risks include having few potential buyers—let alone qualified buyers, making emotional decisions, not knowing how to negotiate properly, and not having enough time free to dedicate to finding a buyer. One of the biggest risks of selling is not having the experience or expertise to navigate all the legal and regulatory requirements that come with selling a home.
A real estate agent can give your house more exposure than if you sell on your own. Not only do they have access to list on MLS, they may also advertise your listing in magazines, flyers, post card, social media for home buyers. By far, the greatest benefit of having a realtor on your side is during the negotiating process.
By hiring a realtor, you also gain their experience in judging the price you should list for and ultimately what you should be willing to sell at. Their experience is an asset when it comes to finalizing the agreements; pointing out differences between multiple offers and helping you choose the best one.
The greatest benefit of having a realtor on your side is during the negotiating process. Having a real estate agent that is a good negotiator can possibly cover their entire commission by not leaving money on the table when it comes to settling on a final price.
Real estate agents generally help buyers find homes and help sellers market and sell their homes. If you are selling your home, a real estate agent can help you determine the fair market value, advertise your home to potential buyers, arrange for interested buyers to view your home, and guide you through the process of facilitating an agreement.
Most sellers sign a listing agreement with their Real Estate Agency or real estate agent. This is a written contract between the seller and the real estate agent that sets out most of the duties and obligations of the relationship. It includes how the real estate agents will market the property and how much they will be paid for their services. In most cases, real estate agents are paid a commission, or percentage of the selling price. Commissions can vary from about 3% to 8%, although 5% to 6% commissions are typical in most areas of Ontario. If your property does not sell, you do not have to pay anything.
Agents are experts in what makes homes sell. They can walk through your home with you and point out changes you need to make to attract buyers and get the best offers. They can see flaws you’re oblivious to because you see them every day—or because you simply don’t view them as flaws. They can also help you determine which feedback from potential buyers you should act on after you put your home on the market to improve its chances of selling.
Your real estate agent will help you set the asking price of your home
Real estate agents list, advertise and show your home to prospective buyers
Your agent assists you in evaluating offers and negotiating with buyers
Do market research to price a home accurately based on current market conditions.
Provide a real estate marketing plan designed to get a home sold quickly for the most money possible.
Communicate properly before and during the sale.
Ensure that the buyer is qualified before accepting an offer.
Negotiate the best terms possible for the seller.
Attend the home inspection to represent the best interests of the seller.
Attend the home appraisal to provide the appraiser with essential information about the property.
Help the seller finish up any necessary tasks to be able to close as planned.
Selling your home will likely be one of the biggest transactions of your life. You can try to do it alone to save money, but hiring an agent has many advantages. Agents can get broader exposure for your property, help you negotiate a better deal, dedicate more time to your sale, and help keep your emotions from sabotaging it. An agent brings expertise, which few home sellers have, to a complex transaction with many financial and legal pitfalls.
Whether you choose to hire a real estate agent, Realtor, or real estate broker, it makes sense to do a careful interview process. Hiring someone to represent your interests is one of the most critical aspects of buying a house or selling a home. Not doing cautious research is just asking for trouble.
Contact Almaz Habteslassie, Executive Club award Winner, One of the best habesha realtos in DMV area, VA, MD & USA. Call Now at 202-997-2402 or Email at almazrealtor@Gmail.com