Trying to sell a home on your own can seem like an easy task, but it really isn’t. This is especially true if you don’t have any experience in the process of selling real estate property.
A lot of people start selling their real estate property without thinking of all the tasks involved. But the entire process from when you first put your property on sale to when you sign the final transfer documents can be frustrating and time-consuming, more so if you’ve never sold a home before.
It’s safe to say that it’s probably not the best idea for you to sell your home on your own with zero experience. If you want to sell a home quickly and without any hassles, getting help from an expert like those at Century 21 Real Estate Group is essential.
What is a Realtor?
A realtor is a real estate agent registered under the National Association of Realtors who helps people buying and selling residential and commercial properties.
Realtors have valid real estate licenses and clean, professional records. They are also required to abide by a specific code of conduct. Some realtors handle both buying and selling while others practice as either listing agents or buyer agents.
How can a Realtor help Sell Your Home?
A realtor is integral when selling a home. The first thing they will do is examine your property and help you set a suitable asking price. They will then help you find prospective buyers for your home by listing and advertising your property.
Realtors also take on the responsibility of showing your property to prospective buyers. Once buyer offers start flowing in, they can help you evaluate them and negotiate. Finally, the realtor will help you close a good deal on your home.
But remember, the amount of help your agent will give you will depend on the kind of service you’re looking for.
Reasons why homes sell faster when sold with a Realtor
If you are looking to sell your property in the shortest time possible, a “for sale by owner” sign isn’t enough. A real estate agent is the fastest way to sell any real estate property, and here is why:
They Help You Set the Best Price Based on the Market
Realtors have the necessary knowledge and market experience to help you set the best price for your property. With a well-thought-out offer price, you can attract prospective buyers quicker.
Realtors Have the Means and Connections to Help You Find a Buyer Quickly
One of the biggest benefits that come with realtors is the marketing aspect. Being industry experts, realtors have the platforms and connections to reach the right audience. They will get the word out there faster than you can on your own.
They Can Get the Paperwork Going Much Faster
Selling a real estate property usually involves an overwhelming amount of paperwork. Sorting out this paperwork and any issues that may arise along the way may derail the entire process. However, realtors have adequate experience with these processes and usually know how to deal with most obstacles and move things along much faster.
Benefits of Selling with a Realtor
It might be tempting to want to sell your house on your own, especially when you factor in the fact that you’ll have to part with a percentage of the money in real estate commissions. However, the risks of selling your house on your own usually beat the extra money you stand to gain.
Here are five benefits you can expect from working with a real estate agent to sell your home.
1. You Stand to Make More Money
Most of the time, you will not save anything by being an FSBO (For Sale by Owner). You’ll likely sell your house for up to 6% less of its value. However, when you list your house with a realtor, you are sure to get your home’s true value.
2. Your Home Will Get Greater Exposure
Only licensed realtors can market your home on the Multiple Listing Service (MLS). For this reason, if you decide to sell a house on your own, it won’t appear on the MLS. Your realtor can list your property on the MLS, exposing it to a wider audience of interested buyers.
3. Realtors Have a More Comprehensive Network of Buyers
Realtors have a vast list of personal and professional contacts established over the years. These may include other realtors, past clients, and real estate companies that can make a fundamental difference in bringing in buyers.
Not working with a realtor means that you won’t have a massive network of potential buyers. As a result, your property might stay longer on the market and, in turn, depreciate in value.
4. Realtors Will Ensure You Have a Flawless Transaction
A realtor possesses the necessary knowledge, training, and understanding of historical sales in your area. For this reason, they are in a better position to advise you on how to go about property transactions to ensure that you get the best deal.
5. Your Interests Will Come First
Your realtor has a fiduciary responsibility to you. It essentially means that your interests come first, no matter the circumstances.
Find the Best Realtor for Your Needs
With so many realtors in the market, it might be a bit overwhelming deciding who provides the most value. Identifying a realtor who can suit your wants and needs can make a real difference in whether you have a good experience with your property sale.
Here is what you have to do the find the perfect realtor:
- Conduct diligent research online or in person to find the best realtors.
- Go the old-fashioned way by interviewing your realtor.
- Assess the availability of your agent to ensure you find one who can dedicate the most time to your job.
- Ask for references to know how long your agent has been in the business, the experiences of their past clients, etc.
- Gauge their knowledge of the market.
- Follow your gut.
Selling Your Home in NJ? Call the Professionals at Century 21 Real Estate Group!
If you’re looking to sell your home in Cranford, NJ, and want the best realtors for residential property sales, get in touch with Century 21 Real Estate Group at (908) 322-2901. They have all of the necessary knowledge skills, experience tools needed to handle any sale situation efficiently.