If you are looking to sell your property yourself for the first time, it can be a time-consuming and confusing job. Unless you are an expert, it is challenging to get the market value of your property.
The real estate market is multi-layered and complex in nature. Selling a house is not the same as purchasing a consumable product from a store. It involves many legal formalities, property analysis and assessment, market research and proper evaluation. By opting to avail the services of a real estate agent, you can make use of their experience by asking them to value your property for you and take up the task of putting it before the right clients for a good deal.
Here are the top reasons why using an expert property agent is worthwhile.
Agents Know the Current Market Trends
The current real estate services industry in Australia is worth $32 billion.
Expert real estate companies know how much buyers are prepared to pay. Agents also know what different types of properties in good locations with similar features are selling for.
They review current listings daily or weekly, depending on which agency they work at. It means that agents will give you a reliable indication of how much potential buyers will be willing to pay for your home.
They Have Excellent Negotiation Skills
Buying a home is a lot of money to invest, and buyers want to get the best possible deal. It means that you need an agent who knows how to negotiate effectively to get the market value for your property.
Negotiating over price and conditions can be tedious and time-consuming. An agent will negotiate with the buyer on your behalf, saving you a lot of time and ensuring that buyers do not make unrealistic offers or ask for too many changes to the purchase contract.
They Can Advise on Improving Your Property
If you are searching for options to sell your house, you must present it in its best light possible so that potential buyers will see all its positive features and have a few reasons not to make an offer.
Working with an agent will enable you to take advantage of their expertise in decluttering, staging, and minor repairs such as painting or cleaning up the yard, which can improve your home’s appearance without breaking the bank.
They Know How Long It Takes to Sell a Property
Agents have a good idea of how long it takes homes in your area to sell. It means that they will give you an accurate picture of when you can expect to receive an offer, which makes it much simpler if you need to arrange finance or move into temporary accommodation ahead of settlement.
Agents know what is required for your home to attract interest from potential buyers. They also know about current market conditions and what buyers are looking for, so they can assist you in best presenting your home and targeting the right buyers.
Efficient Sales Process
Agents know what steps need to be taken to sell a property as quickly as possible.
In most cases, they will use their preferred suppliers for negotiations, legal work, and inspections, which means the whole sales process will run smoothly with little room for error or wasted time.
Hiring an agent won’t cost you anything. Many agents offer a free market appraisal service.
Some even have online valuation tools, which make it even easier for you to figure out how much your home is worth without having to potter through real estate listings yourself.