subject: Real Estate Selling Agents-A Necessity? [print this page] Real Estate Selling Agents-A Necessity? Real Estate Selling Agents-A Necessity?
Engaging oneself with property is wearisome, be it buying or selling it. Obviously cutting on an agent means personal profit, but is it really so. Let us equally judge this issue by looking at some points and then proceed towards an outcome.
Numerical Suggestion
Various assessments divulge that of the total number of homeowners, a minimal 10% successfully sell their property. And typically, it takes about 9 months for a singular seller to complete such a transaction. These data may differ somewhat with different states, depending upon the participation of investors. Basically this means that in time, over 90% estate owners either have to employ the services of an estate agent or have to settle for less than what they had intended. There is only slight chance to strike a good deal, and that is if the buyer turns out to be some old accomplice.
Real Estate suggestion: Bear in mind that a professionalized estate agent always fetches the most appropriate deal and that too in under 60 to 90 days, which you might not get done even in 9 months, which is a critical amount in such a transforming market. Normally, you have to shell out a mere 4-6% of the amount as commission fee, or more, depending on the property's market price.
Presence of Online Advisory
You may get influenced by online links, which encourage you to 'ditch' out the agent and take matters into your own hands. And the reasoning put forward is when you can take care of everything, the estate attorney, appraiser and lawyer with just a click. Agreed, but would you really like to rely on such links, who themselves generally do not provide with sufficient credentials. You might like the idea of online advertising. But for it to be effective, you need a heavily-trafficked portal, which means some serious spending.
Real Estate Suggestion: An agent who deals in real estate is only as successful as the experience he holds. He knows the best lot amongst the potential buyers, and has databases of people on the lookout, which you could never have. This is powerful advertisement, as the property you own is put into a massive market, meant specifically for such deals. And you need not worry about the happenings, as you are kept updated on the go.
And in case you still cannot see, the best awaits you. So why are you holding back? Join us, and have the best show you around.
Find out more Real estate advice for investors here.
