When you are listing your home you quickly learn that there are a lot of fees that you are going to pay. It begins when you are decluttering and depersonalizing your home and need to rent a storage space. Next you find that you need to paint and update items like cabinet hardware and light fixtures. And then you finally get ready to put your house on the market only to learn that as the seller, you will be responsible for paying the realtors fees out of the sale price of the house. In most cases that comes to around 6% of the sale price. So on a $200,000 that is over $10,000! But what is that money going to get you?
Research has found that a house listed by a realtor sells for about $25,000 more than a house listed as for sale by owner. In addition houses listed with an agent sell more quickly than those sold by the homeowner. But the question is why? And the answer is pretty simple, they are professionals and know the industry. You go to a mechanic when your car is running correctly and to a doctor when you are sick. So why not go to a real estate professional when you want to sell your home?
A realtor has a working knowledge of the industry. They know what the current market condition is, the trends and what is selling quickly. They are familiar with the neighborhoods that they work in and they know what is currently available and will be your competition. In short, they know what’s out there and what your potential buyers have seen and will see and compare your house to.
They also have the experience marketing homes to the correct demographic and in the correct media. They know that a house that is perfect for a real estate investor doesn’t need lots of color pictures in a magazine or on a home show. It needs to have lots of details listed on the MLS and an attractive sale price. And it also needs to be empty and available for a fast closing. In addition, they have a professional network that can bring hundreds of potential buyers to your house. Even if you tell every friend you have that your house is for sale and they tell their friends, you are not likely to get a sale. But your realtor will contact other realtors who are working with buyers who are actively shopping for a home in your area.
If you would like to avoid realtors and realtor fees altogether and just “Be Done” with you property, give us a call at 602-833-7812 and learn how we can pay cash for your property and close within 3 days without you paying any fees.