subject: Pros and Cons of Hiring a Real Estate Agent [print this page] Pros and Cons of Hiring a Real Estate Agent
When it comes to selling or buying a home, you can either try to navigate the market yourself or you can hire an agent to help guide you through the process.Alright, I can start off by making a bunch of puns on the words "pro" and "con" when it comes to hiring a real estate agent. That's not going to get us anywhere, especially in this market! The truth is, despite what you hear from Realtors, you can sell your home on your own.One obvious pro to hiring a real estate team is the fact that you can draw upon the expertise of all of the professionals on the team. By having several professionals handle your needs, you will theoretically have a better chance of drawing upon the expertise that each person brings to the team.Real estate agents don't come free and you should expect to pay a 3 percent commission from the sale or purchase of your house to whomever you choose. Alternatively, you can do the transaction alone and keep that 3 percent to yourself.
A buyer's agent knows the marketplace and can give you sound information based on their experience with fixer uppers.Your time away from the business will be more relaxing, and the business will operate while you are gone. For an Agent without a Listing Assistant, before they go on vacation, at best, is a fire drill and, at worst, is total chaos. Inevitably, everyone wants to list just before you want to take time off.
There are a lot of variables to consider: like your own ability and enthusiasm verses the experience of a professional agent. There are pros and cons for each method of selling. A lot will depend on you or the skill of the agent representing you.When the house goes on the market, he should come by again to make sure that his recommendations and any changes you have made work. He will also offer last minute staging tips to help sway a buyer in your favor. There are little tricks of the trade that can help entice buyers.
