When selling your house – you have two options. One, you can sell it by yourself and the other – you can engage the services of a real estate agent. Each of the option has its own advantage and disadvantage. But since the employment of real estate agent is more beneficial, this is adapted by many property trader – be it buying or selling.
One of the best advantages of coursing the sale of your house through a real estate agent is the ease and facility of the sale. With a good agent you can sell your house at a higher price, but more importantly, you can sell it faster through the agent than doing it yourself. This could be due to the enormous data base of clients of the agent.
Another advantage of the use of real estate agent is the knowledge and experience of the agent. These real estate experts would know how to advertise your house. The network is big enough to reach more prospective clients.
Your agent can be helpful in giving you valuable tips on how to make your house more attractive and desirable to prospective buyers. You do not have this talent. The experience of the agent has honed him or her to know the ways and means to magnetize the buyers.
Your agent, who is trustworthy, can give you an idea on the true value of your house. He or she can advise you on how much would you really get for the property. But one disadvantage of having a real estate professional in relation to this is the number of houses to be sold by the realtor. With so many houses in the realtor’s listing, your house may not have the optimal selling time.
A disadvantage which usually discourages a seller to hire an agent is on the commission. Sellers of property are the ones to pay the commission of the agent – an agreed percentage of the total selling price. The commission of the realtor will be an out of pocket expense on the part of the seller. Or we can look at the commission as a reduction in the price of the house.
There are some agents, hope you do not encounter one like this, the tendency for them to reduce the price of your house to fast track the selling. So – when you are dealing with an agent, it is advisable not to inform them how far lower can you go on the selling price. The agent will tap this low amount, just to have a property sold.
Using a real estate agent can bring advantages and disadvantages, but as these can better sell your property, you have to just think of the advantages. After all, your goal is to sell the property fast at the best optimum price.