If you’re looking to sell your home, there are some things you should expect. The first, and arguably most important, thing you should expect and budget for is the fees associated with selling your home. One of the biggest expenses on the list is the commission you’ll pay to your seller’s agent. While it can vary, this fee usually averages about 6% of your home’s selling price. Because of this, some people might try to sell on their own, which we think is a mistake. Here are three reasons to work with a seller’s agent.
Top 3 Reasons to Work With a Seller’s Agent
A seller’s agent, also known as a listing agent, works to help you prepare your home, then will market it, show it to potential buyers, and help you completely throughout the selling process. Some homeowners will go a different route, choosing to list their homes as “for sale by owner” (FSBO), usually to avoid paying a fee. However, FSBOs come with their own set of fees that you won’t have to pay with a seller’s agent. Additionally, FSBOs require a lot of time, effort, and real estate knowledge. That’s not the only reason, though. Here are 3 more reasons to work with a seller’s agent.
1. A Seller’s Agent Will Get You a Better Price
A seller’s agent will know about the area they buy and sell in. Plus, they can do additional research to find the median home cost in your neighborhood. Research shows that people who sell their home on their own, or FSBOs, actually receive less for their home than those using a seller’s agent.
2. A Seller’s Agent Will Take Care of Most of the Work
Do you enjoy a lot of paperwork? If you’re like most of us, probably not. As you might imagine, there is a lot of paperwork involved when selling your home. A seller’s agent will take care of all the paperwork work and help you with other takes like preparing your home.
3. A Seller’s Agent is Well Connected and Knows How to Negotiate
A seller’s agent knows how to negotiate. Most are natural-born salesmen. They also have a fiduciary responsibility to all of their clients. This is a legal obligation to put their client’s best interests first and get them the best price possible. Plus, when you need to get an appraisal or inspections done, they’ll know who to contact and get it set up for you.
Are You Buying or Selling a Home in Midland, Texas?
Use our site to search homes for sale in Midland and all of our surrounding areas. Unlike the “big name” sites out there, our site is directly connected to our local MLS and is updated faster. By creating a property manager account you can stay on top of the newest homes for sale and get price change alerts so you can stay ahead of other buyers and beat them to the best deals!
In the meantime, check out these 1-click searches: