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The advantages of working with a realtor

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It’s easy to believe that you don’t need a realtor to sell your house in these days of Zillow, Trulia and Redfin. You may not even need a realtor.
A Realtor can add a lot to your transaction. Here are seven benefits of using a realtor to sell your house:
#1 — You will probably make more money

Collateral Analytics’ July 2017 study found that For Sale By Owners (or FSBOs) do not save any money and may even be costing more by listing without an agent. The study found that FSBOs were able to sell their homes for 5.5-6% less than comparable properties listed by Realtors through the Multiple Listing Service (MLS).

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#2 — You’ll get greater exposure for your home

Only realtors can market homes for sale on the MLS. Homes that are sold without the assistance of a Realtor will not be listed on the MLS.

Why is this important? The MLS is where most Realtors begin their search for homes to sell. The MLS allows you to list your property for maximum exposure. It is actively marketed by all 13,000+ Realtors and is often automatically syndicated on third-party websites like Trulia and Zillow. You get the best both of them.
#3 — A professional in the field will help you navigate the transaction

A Realtor has special training in real-estate, but there is no substitute for the hands-on experience that a Realtor can provide. They are able share their market knowledge and can provide detailed analysis of comparable homes in your area.

Because they have been there, done that, an experienced realtor can often predict what might happen in a negotiation and devise strategies to overcome them. It is important to have the most successful deal possible.
#4 — A skilled negotiator will advocate for you

A professional negotiator is one who has worked with experienced Realtors. Because they are familiarized with common negotiation techniques, there will be fewer surprises in the transaction. This will result in better results for you and more satisfaction at the end.
#5 — Someone will look out for your best interests

A Realtor is responsible for the client’s fiduciary duties. This means that they have to protect your interests first.
#6 — Save yourself a lot on headaches

Are you prepared for the phone to ring, and your email to explode? Many homeowners who attempt to sell their house on their own give up after a few weeks because it is so difficult.

It’s amazing, don’t you think? Agents, neighbors and potential buyers will be contacting you directly. Next, you will need to deal with disclosures and inspections as well as contracts and possible re-negotiations. You will need to work directly with the Title Company as well as other parties once your home has been under contract. These details are handled by a Realtor.
#7 — There is nothing to lose

Only if your house sells, do realtors make a commission? What are you waiting for?
Find someone who has experience

Once you are aware of the value of a Realtor, you can start to look for someone who has experience in order to get you the best result. You want a Realtor who will offer honest advice, discuss market trends, and create a marketing strategy to maximize exposure for your home via the MLS and beyond.

Ask your family and friends for recommendations, but also do your research. Your Realtor will be the one you spend most of your time with, so make sure to do your research and read reviews.