Selling a house can be a lengthy process, and it's easy to see why many sellers choose to work with a real estate agent, rather than go it alone.
So if you're selling your home, should you go with a real estate agent or go it alone?
The short answer is: it depends.
People can sell their homes without using a real estate agent, and that's perfectly fine. But more often than not, homeowners aren't comfortable with the selling process and they choose to find a realtor instead.
A real estate agent is familiar with the housing market and can help sellers get the best price possible. Selling a home by yourself, on the other hand, can be time-consuming and complicated, and you might find yourself paying more than necessary.
Scott Vanderspek is here to tell you why it’s a good idea to hire an agent when selling a house. Scott is a Surrey real estate agent who is dedicated to getting sellers the best price possible. He offers his professional realtor services to the city of Surrey and other areas in the Lower Mainland of BC.
Thinking of selling a house? Or are you looking for houses for sale in Surrey? Contact Scott Vanderspek to see how he can help.
You get professional services & high-quality marketing
Selling a house takes time and dedication. You have to keep up with emails, phone calls, text messages, and work with multiple schedules, which will inevitably take time away from your job and your family.
If you use a realtor, they will schedule all the showings and open-houses for you. They will work around your schedule and ensure that you can use your space whenever you need it.
A professional real estate agent will be able to find you the right buyer. Sometimes, that’s not always the person with the highest offer, but one that has fewer contingencies. Someone who isn’t trained as an estate agent may miss these key details and end up with a buyer who changes their mind at the last minute.
If you choose to go with a realtor to sell a house, you will have access to their marketing services. This includes photos taken of your house, a listing on the MLS, promotion on their social media, and access to all their client database. This is just something that you will not have without a realtor, and it can really save time when selling your home.
Real estate agents can also help notice where home repairs are needed, recommend reputable contractors, and keep the seller updated on the status of repairs throughout the home selling process.
Unbeatable industry knowledge
The real estate market is constantly changing. Every month, there are new homes on the market, and every month, there are homes being sold. The economy also affects this market, with fluctuations in employment and interest rates.
When considering the sale of a home, it's important to consider the current real estate market, as well as the future. The real estate market can change quickly, and it's important to be flexible when determining a price for your home. That’s why having an agent is a valuable asset, as they will know the best time to sell a house.
A professional real estate agent has a wealth of knowledge of the trends of the housing market and can analyze the comparables in order to suggest a suitable listing price for your house.
They can also provide advice on staging the home. A home that looks attractive and appeals to potential buyers is more likely to sell for a higher price.
Avoid a complicated sales process
The sales process is a series of steps you go through to get from when a buyer decides to start looking at homes to the moment they sign on the dotted line and buy your house.
Many people think selling a house is simple, but that usually isn’t the case. A house sale comes with a lot of unknowns — how much your house is worth, how long the house will stay on the market, and which buyer will want to buy your home.
Once your realtor finds a buyer for your home, the buyers will schedule it for a home inspection, appraisal, and title review. The home must pass the inspection before the sale can move forward.
If the buyer finds a problem with the home during the inspection, they can request repairs. Once all repairs have been made to the home, the buyer can request a final walk-through of the home.
The offer will move forward to the negotiation phase. The buyer and the seller will work to come to an agreement on the price and terms of the sale.
Leave the negotiating to the experts
Real estate agents know how to negotiate with buyers. While a buyer's agent will work hard to get you the best price for your house, it's important to remember that they are working for the buyer's best interest.
A skilled negotiator will understand the buyer’s perspective and work towards a deal that works for both sides.
Selling a house on your own can be risky, costly and time-consuming. The real estate market is constantly changing, and sellers have a lot to consider when deciding to list their home.
In addition to selling costs, sellers need to consider the time investment of showing their home, the uncertainty as to whether or not their home will sell, and the potential to lose their earnest money deposit if they don't close the sale. Hiring Scott Vanderspek can eliminate these risks and make for a smooth process.