Some people think selling houses are easy. Others think that in a sellers market, they can just put the house out there and get a number of bids without the help of a realtor taking their cut. The following information will help you to see how invaluable having a realtor in any market conditions can be.
Try to sell a house by yourself, and you will discover very quickly that you are going to be entertaining some very strange characters over the months. Since no realtor is involved, neither is a screening process. Instead of these people showing up to your house with a realtor, they just show up at all hours and expect to be able to wander around your home at will. If this doesn’t bother you, we move on.
One of the big advantages to working with a realtor is that they will screen any potential buyers to make certain they are already qualified for a mortgage. This takes some guesswork out of the equation, and it lessens the load to only qualified buyers coming in your home. If you are selling by yourself, then you have to make sure they qualify, you have to handle all these details and you have to do extra legwork each time a potential buyer stops by.
One of the other issues when you sell without a realtor is you have to get all the financial in order along the way. This means you have to set up the closing, make sure the buyers is taking care of their end, keep the whole process moving along, and then getting the inspection, and closing all lined up in a timely manner. Without a realtor, you pay top dollar for those services instead of getting discounts from the realtor.
Do you know how to get a real estate buyers rebate? Simply ask! If a realtor is taking part in this practice, you receive a check at closing for a percentage of the realtor’s commission, in some cases this can be several thousand dollars.
As the seller, you are also going to have to do your own open house. If you are not a people person, this is not going to go well. Now throughout this whole process, you have to remember you are moving soon too, so you have to take care of all those issues and still make certain you keep that buyer on the hook all the while.
So there you go, more than enough reasons to be working closely with a skilled local real estate agent when selling your house.