5 Reasons to Choose a Real Estate Agent over “For Sale by Owner”
Why it’s worth it to have a professional realty company like Kingsforth sell your home.
When people opt to sell their home themselves, also known as “for sale by owner”, it’s usually because they’ve been told that it’s a great way to save thousands of dollars in commission fees. They often believe that acting as your own selling agent will be worth the savings and as many find out, that’s usually not the case.
- While the idea of making a little extra money on the sale may seem tempting, the risks of selling your home alone far outweigh the benefits.
- You’ll often experience fewer potential buyers which can directly affect your final sales price.
- Vetting buyers and finding out which are qualified and able to buy can be extremely time consuming.
- Experienced real estate agents have the expertise to navigate through all of the legal and regulatory requirements that come with selling a home in your area.
1. FSBO Homes Don't Get Shown As Much
Real estate agents in your area may not show a home that’s for sale by owner – and this could cost you some serious exposure in the market. On occasion buyers and/or realtors will feel slightly skeptical about purchasing a home that’s being sold by the owner citing the hassles and risks of working out a deal not backed by a professional agent.
2. Time & Energy
Selling a home is time consuming, which is why it’s a full-time job for most all agents. There are numerous hurdles that person selling their own home will experience. Can you excuse yourself from a meeting or a work obligation if someone wants to see your home at 1pm? Can you answer your phone every time a potential buyer is calling? At the end of an exhausting day at work, do you have the strength to market your home and show it to potential buyers? Your answer to one (or all) of these questions is probably no – and that’s a leading reason why many people who at first choose to attempt to sell their own home end up changing routes and going with a professional real estate company like Kingsforth.
3. Networks & Industry Tools
Real Estate companies have access to extremely large networks and these tools are at their disposal to get your home sold quicky, and for top dollar. There are over 2,000 real estate agents in the Rio Grande Valley that are members of the Greater McAllen Association of Realtors, and they work together to keep the real estate market in the Rio Grande Valley moving. They have access to unique portals and tools like the MLS, Zillow, Redfin, and a slew of other digital tools that will maximize your home sale potential.
4. Financing Hurdles
Weeding out unqualified buyers is something real estate agents excel at, because they find themselves having to – pretty frequently. Not everyone that decides they want to purchase a home is ready to purchase a home, so one of the first steps a real estate agent makes is ensuring that the buyer has the credit score and income required to purchase a home with a particular price tag. One of the most aggravating things for a person selling their own home is when they go through the rigamarole of working out a deal on their home with a buyer, only to have the loan fall through at the last leg of the process because the buyer wasn’t eligible.
5. Legal Risk
There’s a great deal of legal risk involved in selling a home, and the paperwork done during the process protects both the buyer and seller from many inconveniences and issues that can arise – before, during, and after the sale. Real estate professionals like the agents at Kingsforth are highly educated and well-versed in the disclosures that must be done, the contracts and paperwork that must be filed, and the steps that must be taken to ensure a smooth transaction for both parties involved.
Sell it Right With Kingsforth
What’s the bottom line? When selling your home – go the faster, safer, and more beneficial route for both you and the buyer – hire a professional real estate company like Kingsforth Realty to assist with the transaction. To learn more about how we can offer our services to get your home sold faster, sold for more and sold right – contact us today at 956-800-3232!