You may find yourself wondering should I list my home with a realtor or should I try and sell my home for sale by owner. Whether you are wanting to sell your home in Murray, sell your home in West Jordan, or sell your home in Salt Lake below is a list of reasons why you should consider using a real estate agent.
EXPERTISE Many people thinking about selling their house are unfamiliar with how the whole process works. If you choose a good agent with experience he or she will be able to guide you through the whole process.
MLS The MLS or multiple listing service is a website that only realtors have access to. This webiste has all of the homes that have been listed with real estate agents. Agents are able to email these listings to their clients. This website also has access to comps of homes that have sold in the area or homes that are under contract. When you list your home with an agent your home goes on the MLS. In 2006 89% of homes sold in the U.S. where homes listed by real estate agents. If you list your home for sale by owner you may miss out on 89% of the buyers that are using real estate agents. Agents will most likely not show a home that is for sale by owner. Also from experience most people looking for homes without an agent are not very serious and most of the time not familiar with how the whole process goes.
POWER TO NEGOTIATE When you list your home your agent is able to negotiate the price with potential buyers. This is nice to have a middleman. If you go for sale by owner you will have to negotiate face to face and this can by an awkward situation. Also your agent has access to comps of homes that have sold in the area.
LOYALTY When you list your home with an agent you sign a listing agreement. In that agreement the agent agrees to be loyal and to always look out for the best interest of the seller. Knowing that you have a trustworthy agent doing the work can save you a lot of stress.
CONTACTS Real Estate agents have great contacts to important people needed during a real estate transaction. These include: home inspectors, appraisers, other agents, loan officers, insurance agents, title companies, and home warranty companies.
MARKETING One of the main reasons you hire a real estate agent is because they are able to market your home. Having your home listed on the MLS is one of the greatest marketing tools, but there are also many other ways to get people interested in your home. A realtor can do open houses, put your home on other websites, email other agents at their office as well as agents at other companies, do flyers, put your home in magazines or newspaper ads, feature your home on their blog, and create a virtual tour.
If you are considering listing your home in Utah I hope you consider listing with a real estate agent. Commissions are not cheap, but if you list your home most likely your home will be sold quicker and for a higher price. Also the stress relief of having an experienced agent is invaluable.