Whether you are buying or selling a home, it can be quite an adventurous journey. You need an experienced Real Estate Professional to lead you to your ultimate goal. In this world of instant gratification and Internet searches, many home sellers think that they can save money by doing For Sale by Owner or FSBO. Having a Realtor in your corner is more important than ever due to the hot market & growing complexity of real estate transactions as more and more regulations are put into effect.
Here are the top reasons to hire a real estate professional to sell your metro Denver home:
- Exposure to Prospective Purchasers and People
Recent studies have shown that 88% of buyers search online for a home. That is in comparison to only 21% looking at print newspaper ads. Professional real estate agents will have a proven Internet strategy to promote the sale of your home. Do you? The days of selling your house by just putting up a sign and putting it in the paper are long gone. Having a strong Internet strategy that includes social media is crucial.
- What do you do with all this paperwork?
Each state has different regulations regarding the contracts required for a real estate sale, and these regulations are constantly changing. The paperwork involved in selling and buying a home has increased dramatically as industry disclosures and regulations have become mandatory. This is one of the reasons that the percentage of people FSBOing has dropped from 19% to 9% over the last 20+ years. You may be leaving yourself open to legal issues if it’s not done right.
- Do you know what’s really going on in the market?
There is so much information out there on the news and the Internet about home sales, prices, and mortgage rates. How do you know what’s going on specifically in your area? Who do you turn to in order to competitively price your home correctly at the beginning of the selling process? How do you know what to offer on your next dream home without paying too much, or offending the seller with a low-ball offer? Hiring an agent who has their finger on the pulse of the market will make your buying/selling experience an educated one. You need someone who is going to tell you the truth, not just what they think you want to hear.
Also, it is important for your home to be priced correctly from the start to attract the right buyers and shorten the time that it’s on the market. You need someone who is not emotionally connected to your home to give you the truth as to your home’s value. Get the most out of your transaction by hiring a professional.
- Negotiating Expertise Required
From the buyer (who wants the best deal possible), to the home inspection companies, to the appraiser, there are at least 11 people that you will have to be knowledgeable with and answer to, during the process. Do you have the expertise and negotiating skill to deal with all of these?
Bottom Line
Before you decide to take on the challenges of selling your house on your own, sit with a real estate professional in your marketplace and see what they have to offer.
Are you thinking of placing your home on the market? Let us give you some Tips for Selling Your Denver Home! At Bandy Homes, we will guide you through all phases of the home selling process in Denver. We can also help you to get started on relocation by showing you some terrific homes in the Castle Rock area, including real estate in Founders Village and a wide variety of gorgeous homes in The Meadows. Our trusted professionals will be there to help you every step of the way!
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Until next time,
Marianne Bandy, Team Leader
The Bandy Team
Keller Williams Park Meadows
BandyHomes.com - Denver Real Estate & Homes
720-466-3790
