(Newswire.net — May 13, 2020) —
When it comes to selling a home, there are numerous factors that homeowners have to consider. They want to make sure they have another place to live once they sell their home. They want to ensure they are getting a fair price for their house. They also want to make sure they don’t overlook any of the important paperwork that comes with selling a home.
For this reason, real estate agents are available to help with this major decision. In the past, real estate agents had access to a lot of information that homeowners might not have been able to obtain on their own. Now, times have changed.
For example, it is easy for someone to go online and take a look at property listings, historic sales prices, photo galleries, and even school ratings through the internet. Even crime rates are available online! For some people who are looking to sell their home, this might allow them to skip the process of hiring a real estate agent.
Of course, the biggest advantage of selling a home without a real estate agent is that they might be able to cut out the six percent commission the agent would be owed. For example, if someone sells a house for $500,000, the real estate agent would be owed 30 percent of the sale price of the home. This amount is usually split between the buyer’s agent and the seller’s agent. This is a large amount of cash that many homeowners would prefer to keep, particularly when it comes to a fair cash deal.
In addition, many homeowners prefer to do the negotiating themselves. When looking at an offer for a home, many homeowners have traditionally gone with a real estate agent, trusting his or her expertise to get a fair price for the home. On the other hand, the homeowner knows the house the best. Some homeowners prefer to be on the front lines of the negotiating process, ensuring they are privy to all information that is relevant to the property. This is another benefit of skipping the real estate agent. Homeowners will be able to negotiate for themselves.
Finally, this might also allow someone to save a lot of time. When a second layer is involved, such as a real estate agent, this can complicate the sale process. For those who are looking to sell their home quickly, skipping the agent might be best. Without a doubt, everyone’s situation is different. Some people might still want the help of a real estate agent; however, as times have changed, it has become easier for someone to sell his or her home without hiring a real estate agent. It will be interesting to see if this trend continues.