Advantages Selling through a real estate agent
The stakes are high — so you should consider the pros and cons of brokerage selling.
Admittedly, the temptation to skip the expense of a professional real estate agent is tempting. Especially lately, articles have been stumbling across the internet trying to convince property owners that selling a property isn't a big deal and that anyone can easily do it themselves. Selling real estate usually involves a lot of money and all too often, out of ignorance, private sellers make careless mistakes that can end up costing a lot of money.
As in other areas that require experience and insider knowledge, by hiring a professional real estate agent you can ensure you are getting the best price for your property and save yourself the stress and thrill of stress.
If you're still not convinced, read the top reasons why not hiring a real estate agent is a bad idea.
There is a lot of money at stake
Would you do without a lawyer in a legal dispute involving several hundred thousand euros? Certainly not. But why would you even consider selling your largest and most valuable possession without the help of a proven professional?
Selling your property requires a fair amount of experience and knowledge of the current real estate market, not to mention the difficulty of finding affluent buyers and the challenge of negotiating hard with them.
Real estate agents know what your property is worth
One of the biggest problems when selling real estate is going to the market with the right price. Advertise too low, give away your money. Ask too much and you won't find a buyer. Starting with a deliberately high price and then gradually lowering it will almost always result in a significantly lower selling price than if you went to market with the right price.
Real estate experts refer to this as "burning a property on the market". This means that such properties have the reputation that something is wrong with them. This can dramatically increase the price pressure on your property; who likes to shell out big bucks for something they aren't 100% sure is okay with?
If you have to sell your property by a deadline, this strategy can lead to unpleasant time pressure because your actions have scared off many interested parties and there is not enough time left to find buyers who are willing to pay. This inevitably leads to further discounts on the purchase price - and sleepless nights.
Real estate agents know how to market your property
You certainly want to sell your property quickly and at a good price. But there's a lot more to it than just placing a few ads. A professional real estate agent uses effective channels and networks that private sellers cannot access. In addition, real estate agents give you valuable tips on how you can beautify your property with little effort to make it easier to achieve your desired price.
Realtors know how to negotiate
Real estate sales often don't materialize because prospective buyers see problems where there really aren't any.
A real estate agent negotiates every day and knows from experience how to match buyers and sellers. Do you really believe that?
The real estate agent as mediator
Even if it is difficult to imagine: Many real estate sales fail due to personal sensitivities between buyer and seller. The real estate agent, on the other hand, is the ideal mediator who mediates between the two sides. This is also a convincing fact that speaks in favor of using a real estate agent, because there is simply no alternative.