Given the proliferation of services that assist home buyers and sellers in completing their own transactions, you may have considered going it alone instead of working with an agent. However, there is no substitute for an experienced professional. Taking on all the responsibility yourself could be costlier than an agent’s commission in the long run.
According to the National Association of Realtors, only 8% of home sales were accomplished by "for sale by owner" (FSBO), and of those, 40% knew their buyer personally. The median FSBO home sale sold for 31% less compared to an agent-assisted home sale.
- They’re trained and licensed professionals.
- They have experience in your neighborhood and your market.
- They have oversight from brokers and state licensing officials.
- Their job is to advise you on the best way to reach your goals.
- They know how to present your home and deal with buyers.
- They know how and where to market properties effectively.
- They know how to overcome the typical snags that occur in real estate transactions and closings.
- They understand state-required disclosures and look out for your best interests.
- They understand personal safety and security for your belongings during showings.
- They know the best resources to make transactions go more smoothly, from bankers to home stagers to contractors.
- They have access to the most accurate and comprehensive data—the MLS, the only data repository that has the most up-to-date listing and sales information.
- They know how to negotiate.
- Their job is to make real estate transactions successful.
- Their continuing education keeps them up-to-date on housing issues.
With a real estate professional in your corner, you’ll have a partner by your side to advocate for you and advise you through the entire home sale process.
