February 2, 2009

Agent or no agent?

First, a real estate agent can sell your house faster and for a higher price than you would get by selling it on your own. According to the National Association of Realtors, in 2007, the average price of a home sold by the owner was $180,000. The average price of a home sold by a real estate agent was $240,000. Here are some of the reason for the difference.
A professional agent is familiar with the prices of similar homes in your area and can help you adjust the asking price higher or lower. Either way, the property will sell faster if the price is right. real estate agents are good at pricing because they remove themselves from the emotional aspects of selling.
Taking the misery out of finding a buyer is one of a real estate agent's great services. You won't be bothered by odd telephone calls and obvious "lookers" who just want to see your place. It will only be shown to serious and qualified buyers.
Marketing is a big part of the agent's job. He or she will photograph the home and advertise it at no cost to you. It will be included in the Multiple Listing Service so anyone in the country can see it.
Handling the volume of paperwork involved in a closing is part of the agent's job. Today, some purchase agreements are 10 pages long. Add to that the federal, state, and local disclosure papers. The agent can provide a list of professionals you can choose from whose services will be involved.
After the closing and sale are complete, questions can arise on subjects that did not have to be considered at the closing.
Your agent will still be there for you to settle any questions about property tax assessments or other matters that could come up months after the sale.
Are you a buyer?
Most of these skills are also involved in buying a home. The agent will find properties that fit with your needs, wishes, and price range, saving you a great deal of time and trouble. After that comes the price negotiating, helping to find financing, and everything to do with the closing.

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