5 Reasons to use an Estate Agent when selling your Property
Category Property Investment
When selling your property it may seem like a good idea to 'sell it yourself' and save on the commission fees that agents charge.
If you delve a little deeper however you may find the risks of going it alone will outweigh the benefits
Here are 5 reasons you may want to consider before going it alone:
Agents Networks
A good real estate agent that has been in the industry for years has over time diligently built up a network of clients which he/she has nurtured and maintained to ensure they are the go to person for their clients for anything real estate related.
Leveraging this network is invaluable and probably one of the most important reasons why an estate agent can add value to marketing the property for you and exposing the property to a much larger pool of prospective buyers.
Price Negotiations
Direct negotiations between a Seller and Purchaser can be emotionally charged which can lead to a party taking offence or allowing ego to take over.
Estate agents play an important role in the price negotiation process to diffuse any potential emotional rebuttals and act as a mediator to reach an agreement that satisfies all parties involved.
Legal Knowledge
A lot of paperwork is involved in a property sale with many disclosures , specific clauses and legal jargon that a skilled estate agent will have the experience and know how to navigate and ensure a deal is concluded that benefits all parties and importantly without any shortcuts that may jeopardise either party down the line.
Save you time
Selling a property requires a lot of time, dedication and flexibility and usually consists of multiple viewings at varying hours over a prolonged period of time.
Can you rush home during work to do viewings or take calls between meetings, schedule viewings and then have the energy at the end of a long workday to market your property effectively?
Real Estate is a full time job!
General guidance and advice
For the most part property transactions are not easy clear cut transactions and can involve multiple suspensive conditions being fulfilled such as finance applications, sales subject to the sale of the Purchasers existing property and/or a combination of these along with other requirements such as compliance certificates, all of which any experienced agent will navigate in their stride and be able to make it a seamless and stress free process for all parties involved through their knowledge and experience in dealing with these.
Author: Cesar Alexandre
