It has been statistically proven time and again that homeowners selling their houses through professional real estate agents get a higher price than if they try to sell on their own. If you’re considering listing your house, consider these five ways real estate agents can maximize your profit:
- Marketing Power: Most home buyers begin their search by checking online listings. When sellers use a real estate agent, their house will be automatically listed on multiple services, casting the net wide for potential buyers. Agents also share listings with other agents, allowing your house to be marketed among clients of those agents as well.
- Proper Pricing: There’s no easy way to determine the correct sale price for a home, but an experienced real estate agent will know how to find the sweet spot: not too high to dissuade buyers, but not too low to leave you without your proper profits.
- Improvement Intuition: Remodeled homes appeal to broader audiences, but it can be challenging knowing how much to spend on improvements and what to focus on. An experienced agent will have the eye for detail necessary to determine what’s worth fixing up and what isn’t. Making only the essential improvements, be it a coat of paint or selective renovation, will ensure the most profit when the home eventually sells.
- Informative Showings: Real estate agents will take care of all the details of showing your house, including scheduling houses and talking with potential buyers. They can also collect feedback from the buyers who decide to pass on your home but would be uncomfortable telling you, the owner, why. Taking note of these reasons will provide invaluable information that will allow you to make listing tweaks and get the house moving.
- Paperwork, Paperwork, Paperwork: The actual closing of a home sale requires dozens of pages of complex documentation that the inexperienced seller may find daunting. A real estate agent can guide you through the legalities of the transaction and take care of large amounts of the paperwork, ensuring you don’t become overwhelmed in the final stages of the sale.