If you are selling your home, you may be deciding if you want to work with a real estate agent or if you want to set up the property with a for sale by owner plan.
Many people immediately think that selling their property on their own will save them money. It is true that if you handle a property sale on your own, you will not have to pay a real estate agent for their services.
However, it might cost you more than what you expect. It is best to leave your home to the experts, as real estate agents can sell it at the best price in a legitimate and hassle-free way.
Read on to discover why you should hire a real estate agent instead of listing or selling your home as an FSBO.
5 Reasons to Choose a Real Estate Agent Over ‘For Sale By Owner’
1. Sell Your Home At The Best Price
As an owner, you would want to sell your home as quickly as possible to move to your new home. However, would you really know the actual worth of your home on the marketplace?
If not, here is where a real estate agent comes in. They are experts in the home sale process, such as researching the recent property sales in your area, comparing them with your home, and determining a fair price for it.
If you choose to leave your home to an experienced real estate agent, they can set the best possible price for your home sale in your region.
2. Keep Your Emotions Out Of The Sale
Homeowners tend to be emotional during the selling process, and without an agent to point out when you’re being irrational, you’re more likely to make poor decisions.
For example, you could be overpricing your property or selling your home at a low price because of little response from buyers.
Moreover, if you’re unable to find out why your home is taking a long time to sell, a real estate agent can do the job for you. They can find out the possible issues and address them promptly.
READ MORE: How to Find Good Tenants for Your Property
3. Avoid Disturbing Your Daily Schedule
Selling your home yourself may seem rewarding, but it’s not easy. You may miss out on a sale because of other work commitments during the day.
Furthermore, since you are not a professional real estate agent, it can be challenging and sometimes frustrating to market your home.
This is where having a real estate agent can be helpful. They can manage your home selling process, allowing you to keep playing your daily roles without disturbing your schedule.
4. Make Your Home Worth Purchasing
A real estate agent can provide feedback from potential buyers on your home’s improvements, such as repairs or renovations required to make your home more likely to be purchased.
Not only that, but they usually have connections with a trusted cleaning service and property management company that can help you get things done without you putting in the extra effort.
5. Exposure to Legal Risks
A lot of paperwork is involved in selling a home, and it needs to be done by an expert. One of the most essential items is the seller’s disclosures.
When selling your home, you have a legal duty to disclose any information that can affect the value of your property. You can be held liable for fraud or negligence if the information is not disclosed properly.
Unless you’re a real estate attorney, a real estate agent probably knows more about disclosure laws than you do. It’s best to leave the paperwork to the experts because if your buyer finds a problem with your home, they can sue you.
READ MORE: Why is Sales and Purchase Agreement (SPA) Important for Homebuyers in Malaysia?
Unleash Your Home’s Potential With Rumah-i
Rumah-i is a trusted rental services company in Malaysia that provides simple and straightforward solutions for property owners and investors.
We understand the needs of homeowners in the property industry. Therefore, we provide professional and practical strategies to improve your property value and maximise its potential.