Posted on October 20, 2021
Benefits of Using a Real Estate Agent
The decision of whether to use a real estate agent to buy or sell your next home may have been made in the past. If you're not sure whether it makes sense to hire a real estate agent, this article might help you. You can choose the right local real estate agents in NC from Gay Raleigh Realtor as per your requirement.
The 2011 Buyer and Seller Profile, compiled and distributed by the National Association of Real Estate Brokers, shows that Owner Selling (FSBO) only accounts for 10% of property sales. Also, the average FSBO ad sells for $150,000 whereas the average home real estate agent sells for $215,000.
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While many people think that selling their home can save time and money, it often doesn't. They also usually don't understand the exams that come with selling FSBO homes. Homebuyer and seller profiles reveal the toughest tasks for the FSBO:
• Understand the housing market and offer your home at the right price.
• Understand the document and fill it all incorrectly.
Reasons to Hire a real estate agent to buy property
1. Home buyers are usually not required to pay a real estate agent. If the real estate agent represents the home buyer in the purchase of the home, the commission earned by the agent is paid by the home seller. The commission is deducted from the selling price.
2. Real estate agents have access to the Multi-Listing Service (MLS). MLS is a real estate agency service that provides them with up-to-date information on homes for sale in your area.