9 Steps a Realtor Takes When Selling Your Home in Riverside, CA
Are you considering selling your home? The average home price in Riverside County was about $535,000 in 2021.
Most people that end up selling a home use a real estate agent to get the best price possible. However, other people may feel like a real estate agent is an unnecessary expense and just try to sell their house themselves.
This is highly not recommended and it can end up costing you tens of thousands of dollars trying to go your own way.
So, with that being the case, what are the benefits of hiring a real estate agent to sell your house? These are nine steps that they will take on your behalf.
1. Giving House Presentation Tips
The way you present your home to potential buyers can impact their impression of your home and ultimately, how much money they will offer for your house.
If you leave your house a mess and do not fix the minor maintenance issues that your home may have, it can leave a buyer less enthusiastic about making an offer on your home.
A real estate agent comes into play here because they have a good idea of what a buyer wants to see in a home. They will tell novice home sellers to pick up all of the clutter on their floor, rearrange furniture for a more open setting, and do some basic cleaning in the house before presenting it to buyers.
Buyers tend to not want to know what it is like for somebody to live in the home. Real estate agents also know fixing minor issues like small holes in the wall can increase a house's value by thousands of dollars. They will help your house leave the best possible impression on buyers.
2. Organizing Show Times for Buyers
Next, real estate agents will organize dates and times to show the house to buyers. Sometimes, they will make the job simple and have an open house that allows dozens of buyers to see the house at once.
They will have a strategy on this and try to time it in a way that gets as many eyeballs on your house as possible. Not only will they organize the buyers coming to your home, but they will do most of the talking to said buyers.
3. Advertise Your Home
To get buyers interested in your home, they need to know that it is available to be sold in the first place. Real estate agents come in by listing your home on social media and housing websites for potential buyers to view.
Not only will they post your home, but they will also come up with the best photography angles and videos possible to make your home look better. If people like what they see online, they are more likely to come to the house themselves to take a closer look and they may start imagining themselves in that home early on.
4. Study the Local Housing Market
To get the fairest price on a home as possible, you usually have to have a decent knowledge of your local housing market. Luckily, real estate agents study this for a living and generally have a good idea of what the local housing market is.
They will look up what average homes of that size sell for in your neighborhood, how long houses are on the market, and what the average local household income is.
5. Negotiate the Price
One of the biggest benefits of hiring a real estate agent is getting someone who negotiates for a living on your side. Since they have done these dozens of times before, they generally know what to expect in the market and how to get more money out of buyers.
Certain negotiating tactics can be the difference between whether you get a few extra thousand dollars for your house or not.
6. Keeping Things Realistic
Since real estate agents are hired professionals, they are more likely to be realistic about what you need to do before selling your home and how much money you can get for your home.
They will be the ones to tell you if you can get more money for your home or if you should take an offer that you already received. They can keep things grounded for sellers that may not have accurate expectations of what they can get for their home.
7. Connect With Lenders
It is common for real estate agents to team up with brokers and lenders to speed up the sales process. For buyers that do need a lender, this can expedite the process and make a buyer more trusting of a real estate agent if they connect them to a reliable lender.
8. Get More Money for Your Home
Real estate agents typically have a lot more experience selling homes than an owner trying to do it themselves. Because of this, it is statistically proven that homes sold by real estate agents get a lot more money than ones sold by owners.
In 2020, the average price of a home sold by the owner was $58,000 less than the average price of homes sold by real estate agents. So, if you hire a real estate agent, you are practically guaranteed to end up with more money in your pocket.
9. Filling Out All of the Paperwork
Finally, one of the biggest hassles, if you are inexperienced with the real estate industry, is all of the paperwork that goes with it. This can be overwhelming and complicated for somebody that is not familiar with it.
Real estate agents will take responsibility for organizing all of that paperwork and will make sure that it is all filled out properly.
Start Selling Your Home With a Real Estate Agent
These are just nine of the benefits that you have when you are selling your home with a real estate agent. They will make your life easier and give you more money back for your home.
Are you convinced to hire a real estate agent to sell your home? Fill out this information to get started today.
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