If you’re gearing up to sell your Erie area home, you might be tempted to forego the services of a realtor. While saving some money on commission fees sounds good at first, you’ll actually end up hurting your profits in the end—and adding some extra stress to your plate.
From helping you with pricing to handling negotiations, here are the top four reasons why you should work with a realtor when selling your home.
Find the Right Price
Finding the right price might not sound like a big deal, but it’ll set the tone for the rest of your sale. If you price too low, you won’t make nearly as much as you should. If you price too high, you won’t appear in searches for serious buyers. Automatic estimators may give you a quick result, but they often rely on outdated data and don’t take into account any updates you’ve made.
That’s where we come in. We’ll carefully analyze neighborhood sold reports, take into account any repairs or improvements you’ve made, and factor in market trends in order to find the most accurate and competitive price for your home.
Once we’ve found the right price for you, we can also recommend a few staging tips and value-boosting improvements that’ll that your property to the next level!
Market to Buyers
Once you’ve found the right price and gotten your home ready, it’s time to list. The key to selling a house? Getting the right buyer through the door. When you’re selling on your own, you’ll be pretty limited in marketing strategies—mainly relying on your own social media platforms, signs in yards, and word of mouth.
When you list your home with us, we’ll use our full marketing arsenal—social media accounts, websites, print ads, radio ads, databases, our network of contacts, and more—to make sure that every buyer in Erie and beyond knows about your property.
Save Time & Money
The biggest reason that some sellers are hesitant to use an agent is because of the commission fees. In reality, commission fees don’t compare to the loss of a profit that comes when you aren’t represented by an agent. According to a study from the National Association of Realtors, the median price of homes sold by an agent was over $50,000 more than For Sale by Owner homes.
If you don’t use an agent, not only will you make less money, but you can also expect longer closings. Since the average closing process already takes 30-40 days, you might have to push your calendar way back to account for delays.
Handle Negotiations & Paperwork
Once closing time comes around, you’ll have to negotiate with the buyer and the buyer’s agent. Negotiations could include anything from what amount of money they want for issues that popped up during an inspection to contingencies on the timing of closing.
We know our way around negotiations. Not only will we work to sell your home within the price range and timeline that works best for you, but we’ll also help you fill out all of the confusing paperwork that comes after—and take some stress off your shoulders in the process!
Ready to List Your Home?
Then we’re here to help. We’ve been buying and selling homes in the Erie area for years, so when it comes to achieving our clients’ goals, we’re well-versed. Take some time to browse our seller’s resources, and give us a call when you’re ready to make top dollar on your sale!