Why use a professional real estate agent to sell your home?

Why use a professional real estate agent to sell your home?
Return
Share the article

Why use a professional real estate agent
to sell your home? 

Some homeowners think that selling their home themselves will save them money. But here is some important information to know before embarking on this project alone and why using a professional real estate agent is well worth the price of the commission. 

Why use a real estate agent

Some homeowners imagine that they can save thousands of dollars by selling their home without a real estate agent. They underestimate the amount of effort, time and cost that will be involved and quickly discover that they need exceptional negotiation skills, legal notions and real marketknowledge to sell their home without an agent. Here are some arguments that show that using a real estate agent far outweighs the price of the commission.

1. Real estate agents have access to large ad networks
And as a real estate agent, we are in contact with buyers and contacts who are kept informed of our new listings on the market, and we will communicate quickly about the properties we have just added. Even if the owner thinks he has an extensive network that will share his listing, it will undoubtedly be a much smaller pool of potential buyers. A small group of potential buyers will not attract  The homeowner will wait longer to sell his home and probably won't get the price he's hoping for.  

Also, keep in mind that in some countries, buyers hire real estate agents to help them find a new home. In these countries, a buyer's real estate agent may discourage their client from visiting or even making an offer on a home sold directly by an individual. As you may have already experienced, agents often have negative experiences with live sellers, who set an unrealistic price, usually don't know what they're doing, and have an emotional attachment to their home. 

In addition, as a real estate agent, we have access to multi-listing services (MLS), especially if they are international ad networks, where millions of buyers can potentially see the listing of properties for sale. Sellers who wish to sell their property themselves often do not have the opportunity to put their apartment or house on MLS and/or have to pay out of pocket to market their property on these properties.  international portals .

This brings us to the next good reason why hiring a real estate agent is worth the commission price.
 
2. Agents represent the activity of selling a home 
Selling your own home is an emotional process and hiring a real estate agent to represent your interests will keep personal feelings away. With an agent agent, therefore we, it is less likely that the seller will make mistakes, such as setting excessive prices, being offended by too low purchase offers or not maximizing his position in negotiations. As a real estate professional, we will communicate with potential buyers on behalf of the seller without the eagerness, despair or lack of cooperation that may arise in a direct sale situation by the owner. 
 
Without being represented by a real estate agent, sellers will also have to deal directly with rejection, disappointment and negative comments. An agent can present these things constructively, advising and discussing options, but also finding answers with the seller who will be in a less emotional state. Selling a home always carries a certain degree of emotion, but it will be easier with an agent who represents the best interests of his client and who is on the seller's side. An agent is the catalyst that separates emotional attachment to the home from the act of conducting a business. 
  
Real estate agents liaise between agents, depository services, title companies and inspectors while sellers will have to do all these negotiations themselves. 
3. Real estate agents add value  
If someone sells a home without an agent, the costs of enhancing the property, photo or video shoots, and marketing costs are all the responsibility of the seller. These expenses vary according to the actors involved, their skill levels and the expected final rendering. Sellers should not forget that it takes time and effort to organize open days and visits by appointment. And that it is necessary to calibrate the visits in their schedule, between the hours of work and everything else. There will also be a flood of queries, often by unskilled prospects – that is, people who are simply curious to see the inside of the house. It is also important to note that a seller who tries to sell his house himself does not always avoid all the costs of a real estate agent. Indeed, as we have seen before, in some countries buyers use real estate agents to help them find a new home. In this case, a buyer's agent will most likely ask the seller for a commission (usually in the order of 3%) on the sale of the house for the services rendered to the buyer. 

But, for most sellers, going through an agent to take care of all these things is worth it. As a real estate agent, we will help you showcase your home to potential buyers, take photos, shoot videos with high-quality renderings, and list your home on multi-listing services (MLS) and ad portals. Open houses, appointments to visit the property and consultations with potential buyers will be scheduled on your own time, so sellers don't have to take time off work and reschedule their lives to show off the property. 

Moreover, statistics show that on average, sellers get more money from a sale with a real estate agent than from a sale made yourself. 
4. A real estate agent knows the legal aspects of a real estate sale
A property sale is a legal contract, so a seller who goes it alone will have to negotiate and manage all the documents associated with this process. There is a legal process for interactions with the buyer, their lawyer, the home inspector, the appraiser and the bank. Then there are the negotiations and legal procedures to deal with the seller and financial institutions. Sellers who are not familiar with the laws, terminology and process can find themselves in legal difficulties, if they do not do so correctly. In some countries, some jurisdictions have specific regulations for selling a home and may not even let them close the sale without the presence of a real estate lawyer. 

As a real estate agent, we will lead discussions and negotiate business transactions between agents, depository services, title companies, lawyers, inspectors and all the steps mentioned above. A real estate agent knows the legal aspects of a property sale. Thus, by calling on us, the seller ensures that he will not end up with legal proceedings. Over the course of a lifetime, if a seller were to sell all of his homes, he would never sell as many as a real estate agent in a month, because that's his full-time job. This is the argument that we will develop in the last part. 
5. Being a real estate agent is a full-time job
Many sellers who want to sell their property themselves think they are saving the costs of a real estate agent. But they often fail to take into account the price they pay in other areas; like the time spent and the lack of expertise that can cost him a lot in the end. If a seller can't take time off work every time a buyer wants to visit their home, if they have to cancel or postpone their commitments in order to find time to negotiate and sign documents, their property often stays on the market longer than it should. This can lead buyers to suspect that something is wrong with the home. But also cost the seller money, because the longer the house stays on the market, the less likely it is to be sold in general. 
  
A real estate agent spends time and energy selling their clients' properties, while sellers usually struggle to manage visits and appointments. It is for these reasons (and many others) that using a real estate agent means that the seller benefits from the service of a full-time professional. A real estate agent will offer the seller advice on the development of his apartment or house, advise him on the best listing price, find and qualify potential domestic and foreign buyers, and handle inquiries, visits and offers. Agents work long hours, including evenings and weekends, to sell the goods entrusted to them at the right price in a minimum of time. Real estate agents know the market, recognize buying trends, and understand the legal standards of the real estate market. When a seller hires a real estate agent, they benefit from sales experience that has been gained through a full-time commitment to the profession – something an amateur salesperson would not be able to match. 

Advantages of using a real estate professional

People who sell themselves hope to make more profit from selling their homes. However, real estate agents have the necessary experience and skills in pricing, marketing and negotiation. As a result, sellers who want to sell alone may end up making less money on the sale than if they had hired an agent and paid a commission. Selling their properties can also take much longer, as their pools of potential buyers are limited. And the scope of the seller's market is also limited to their marketing budget and knowledge of the real estate market. 

Selling a house yourself means reorganizing your entire daily life and life until the sale. The seller needs to understand the investment of time, effort and money it will take him to make a sale himself. Overall, it is better for sellers to consider other options to sell their property, that is, hire a real estate agent who will guide them. 

blog.listglobally.com
Shanna Mawer - September 2022

Agency MCB Costa Blanca real estate

Located in Spain, our MCB Costa Blanca real estate agency perfectly understands your anxiety about selling your property on the Costa Blanca. As specialists in the Spanish market and local contacts, we are the perfect partners for your sale.

We take care of the entire transaction process: creation of the ad, photos, video, support for visits, preparation of the sales agreement, administrative and legal support in French, etc.

By entrusting us with a mandate, you then benefit from the know-how and advice of our teams, at every moment of your sale.
Ask for a free real estate estimate ordiscuss your project by contacting us on 0033 980 800 826.

A real estate project in Spain?

Contact the Spanish real estate specialists of our agency MCB Costa Blanca immobilier.

Contact Us

Publié le 21/09/2022 par
Dominique SANTI

Some homeowners think that selling their home themselves will save them money. But here is some important information to let your clients know before they embark on this project alone and why using a professional real estate agent is well worth the price of the commission.

Follow us on the networks!

RESPECTING YOUR PRIVACY IS A PRIORITY FOR US
We use cookies to provide you with an optimal experience and relevant communication on our site. Thanks to these technologies, we can offer you content related to your interests. They also allow us to improve the quality of our services and the user-friendliness of our website. We will only use personal data for which you have given your consent. You can modify it at any time via the ″Manage cookies″ section at the bottom of our site, with the exception of cookies essential to its operation. For more information about your personal data, please see .
Accept everything
Refuse all
Personalize