What Real Estate Agents Don’t Want You to Know

If you are planning to hire a real estate agent, there are certain things that they do not want you to know. Some of these are discussed below.

You Can Sell Your House Without Hiring an Agent

It is possible for you as a homeowner to sell your house yourself and avoid the commission that you get to pay a real estate agent upon successful sale of a house. You can do this by utilizing the “for sale by owner” listing (FSBO) on multiple listing services (MLS) to get your house in front of those who really need to buy. Although, it can take a long time before the house gets sold, most agents would not want you to know this fact. In this process, make sure you are not underpricing or over pricing your house as you may be leaving money on the table when you underprice or scare potential buyers away when you over price.

Commissions are Negotiable

The standard commission charged by real estate agents on a successful home sale is 6%, but it is very possible to have this reduced especially if your house is higher priced or might be easier to sell. Before signing a contract with a real estate agent, make sure you have a discussion about the commission payable, but don’t go too low so that the agents work hard to have the house sold. More details.

Small Agencies are Equally Competent

Small real estate agents might not have the type of brand recognition and advertising budgets as big real estate agents but that does not make them less competent. This is so because the internet has created a level playing for both small and big real estate agencies as they can both list on major listing services (MLS). Apart from this, small real estate agencies are usually willing to lower their commission.

Most Agents List homes at a Price Where The Property Will Not Sell

In fact, over 70% of homes listed today are listed overpriced; meaning that they require one or more price reductions before they sell. You may be saying okay so they priced it a little too high no big deal I can always come down but here’s the shocking truth overpriced listings actually end up selling for less because they sit on the market for far too long. After weeks and weeks of sitting stagnant on the market, what is wrong with that house syndrome kicks in. Statistics say that overpriced listings sold for an average of only 87% of the original asking price and over 120 days on the market. Homes that are priced right from the beginning sell for over 97% of list price and with an average of only 45 days on the market.

There is no doubting the fact that real estate agents have secrets that they do not want you to know but it doesn’t mean that they are all bad. It is always good to conduct a proper research when hiring a real estate agent. Click here for more information: https://www.referz.com/search-top-real-estate-agents/

Reasons to Seek Assistance from an Expert Realtor in Texas

There are many reasons why you should seek assistance from an expert realtor in Texas if you want to buy or sell a home. There are so many people that make a big mistake when they are selling or buying property, just because they didn’t use and expert real estate agent. Here are the top reasons why you should make sure that you are going to get the assistance of an agent, and not trying to sell or buy a home on your own.

They have the right expertise

The first reason that you should get the assistance from a realtor in Texas rather than try to do it yourself, is because they have lots more experience than you do. Even if you are someone who buys and sells homes a lot, they still have more experience than you.

They will be able to see if the buyer or seller is going to scam you or, if you are going to get the home for a real bargain. There are many things that you should know about real estate buying or selling, and the only place where you can get this information and assistance is from a real estate agent that has the right amount of experience.

They let things happens a lot faster

If you have ever tried buying or selling a home on your own, the one thing that you might have realized is that it is going to take forever to be able to buy or sell the home. This is just because you don’t have the experience to know the steps in selling and buying property.

This is one of the reasons why you should consider using a realtor. With an experienced real estate agent, you will be able to get the deal done quicker and you will be able to finalize the purchase without any problems. The realtors let the whole process go much faster than what it would have been without using a realtor.

They know how to negotiate without you losing the deal

If you don’t know how to negotiate, then you should not be able to sell or buy property on your own. This is one of the things that a realtor is doing on a daily basis. They know how to negotiate without you losing the deal, or without you losing too much money on your property.

If you are trying to buy or sell the home on your own, you are going to struggle with the negotiations, and even might lose the deal.

There are many reasons on why you should seek the advice of a realtor in Texas before you start buying or selling your home. They have what it take to make the purchase go as smooth as possible. There are many things that a real estate agent is doing, that you might not know about, or can’t do. What’s more, this can cause you to lose the property that you have hoped to buy. It is recommended that everyone that is buying or selling property that they are getting the assistance of a realtor in Texas.

Check out this link for more informations: http://home.howstuffworks.com/real-estate/buying-home/10-benefits-of-using-a-real-estate-agent.htm