Today’s market is at an inflection point, so working with real estate professionals is more important than ever. A trusted real estate advisor not only keeps you informed and helps you make the best decisions based on current market trends, but is also an expert in managing many aspects of selling your home.
Here are five main reasons why working with a real estate professional makes sense today.
1. Professionals follow the latest market trends with mortgage rates rising and buyer demand dampened, things are changing, and it’s important to stay up-to-date with the latest market information when selling. Working with an experienced real estate consultant will help you stay up-to-date. You know your environment and you follow national trends as well. More importantly, they know what that data means to you and can help you navigate and make the best decisions if the market changes. .
2. Let our experts help you maximize your buyer pool the agent’s role in attracting buyers is important.
A variety of tools are available to real estate professionals. Use your social media followers, agency resources, and multiple listing services (MLS) to ensure your home is seen by the largest number of buyers. Investopedia explains why selling alone without a network of agents is risky.
“You don’t have relationships with clients, other agents, or a real estate agency to bring the largest pool of potential buyers to your home. A smaller pool of potential buyers means less demand for your property, which can translate into waiting longer to sell your home and possibly not getting as much money as your house is worth.”
3. Professionals understand the details today, more disclosures and regulations are required when selling a home. This means that the number of legal documents that have to be processed is increasing. The National Association of Realtors (NAR) explains:
“Selling a home typically requires a variety of forms, reports, disclosures, and other legal and financial documents. . . . Also, there’s a lot of jargon involved in a real estate transaction; you want to work with a professional who can speak the language.” Real estate professionals know exactly what needs to happen, what every detail means, and how to handle it efficiently. It helps you review your documents and avoid costly mistakes that you might make if you try to edit them yourself.
4. Professionals are trained negotiators if you are selling without a professional, you are also solely responsible for all negotiations. This means you need to coordinate with:
• Buyers who want the best possible deal
• Buyer representatives who use their expertise to advocate for buyers;
• Inspection companies that work for buyers will most likely find concerns about the home.
• Appraisers who assess property values to protect landlords
In today’s changing market, buyers are regaining their bargaining power as bidding wars subside. Don’t just go up against all the above parties, turn to the experts. They know what steps to take, how to address everyone’s concerns, and when a second opinion is needed.
5. Professionals who know how to price a home if you sell your home yourself, you are more likely to exceed your asking price. This could mean that your home is staying on the market because you overvalued it against the current market price. Today, it takes a lot more expertise to get your home priced right. NAR explains:
“A good real estate agent will look at your home with an unbiased eye and give you the information you need to increase marketability and maximize value.”
Real estate professionals know how to value your home accurately and at a competitive price. To do this, they will compare your home to recently sold homes in your area and take into account the current condition of your home. The key to securing the price.
Whether it’s following local and national trends, navigating a changing market, or properly valuing a home, realtors have key insights to rely on throughout the transaction. don’t go alone. If you are thinking of selling your home, please feel free to contact us.
Find out why Kaya Homes is the leader in Long Island real estate and are your go-to realtor in the Lynbrook, Oceanside, Malverne, Hewlett, Valley Stream, Baldwin, East Rockaway, Woodmere, Cedarhurst, Hewlett Harbor, and Freeport area.
Tue, 18 Oct 2022 00:36:30 +0000
