The headline sort of says it all. It shows how important a real estate agent really is when it comes to selling your home!
FSBOs are properties that are For Sale by Owners. Every year, thousands of properties are listed by the owners themselves. They are taken in by ‘List your home for FREE’ and ‘Pay no commissions!’ Sometimes, FSOBs are just owners with unrealistic expectations of how easy it is to sell a property – ‘I’ll just list it on the internet and buyers will be knocking at my door.’
The National Association of Realtors states that 9 out of 10 FSBOs eventually end up hiring an agent to sell their home. So what are the benefits of hiring a Real Estate Agent when you want to sell?
A real estate agent can give your house more exposure than if you sell on your own.
You also gain their experience in judging the price you should list for and ultimately what you should be willing to sell at. Their experience is an asset when it comes to finalizing the agreements; pointing out differences between multiple offers and helping you choose the best one.
By far, the greatest benefit of having a realtor on your side is during the negotiating process.