You have probably asked yourself some of these questions. How much can we save by not hiring a real estate agent? Why can’t I just browse popular sites and find a home myself? We get it. Everyone wants to cut additional costs if it means putting money back in your pocket.
However, what about the stats and data that suggest that working with an agent is in fact better in the long run. Let’s take a look at why:
- Get MORE for your home sale
Homes that are sold with an agent averaged $24,400 MORE on the final sale price than those who sold without an agent (National Association of Realtors). And that’s not an old stat; it’s based on 2020 home sales in the United States. For Sale By Owner (FSBO) homes sold at a median price of $217,900 in 2020 and agent-assisted homes sold for an average of $242,300.
- The Multiple Listing Service (MLS)
By working with an agent, you will be able to have your property listed on the MLS. For buyers, keep in mind that information on websites that pull MLS data might not always be the most up to date. Agents will always have access to the most accurate information in real-time through the MLS because they see it first. Plus, agents have extensive networks of real estate professionals and are market experts. They take the time to study the data and are closely connected to what’s coming up for sale.
- Negotiation and Professional Advice
No matter if you are buying or selling, it’s an emotional journey. And during the negotiation process, tensions could be high. Working with an agent brings in a neutral perspective that includes sales expertise and market knowledge. For a seller, you leave the responsibilities in the agent’s hands such as scheduling showings, managing calls, emails and texts of potential buyers, hosting open houses, etc. For a buyer, your agent works on your behalf for free (in majority of cases). Buyer’s agents are paid through the seller at closing, so you essentially have a liaison to guide you through every step at no cost to you.
- Good Agents Want to Make YOU Happy
Working with the right agent that meets your needs is crucial. And good agents want to make YOU a raving fan. This means that although agents work hard to extend their reach and drum up new business, clients are a huge factor in the extent of their career. A good agent hopes that your approval of their services means your recommendation to friends, families, co-workers, etc. An agent with the best of intentions will care about reputation and that starts will the basic foundation of providing a quality service to clients.
The Crist Real Estate Group is ready to help you find your dream home! Contact us today to get started.