Do You Need a Realtor When Buying a Home?

Jake Broe
Jake Broe
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8 Reasons to Choose a Real Estate Agent Over "For Sale By Owner"

When you sell your home yourself— also known as "for sale by owner” (FSBO)— it may seem like a great way to save thousands of dollars. After all, the standard real estate agent’s commission is 5% to 6%—that’s $12,500 to $15,000 on a $250,000 home.1 Given the size of this fee, you may think that acting as your own seller’s agent will surely be worth the savings. Here are eight reasons why you may want to reconsider.

1. Realtors May Not Show a "For Sale By Owner" Home
2. Agents Avoid Emotional Sales
3. Real Estate Is a Full-Time Job
4. Agents Access Large Networks
5. Weeding Out Unqualified Buyers
6. Price Negotiations Take Skill
7. You Ignore Your Home’s Flaws
8. Exposure to Legal Risks

The Bottom Line
It’s a tall task to learn how to sell your house without a realtor—and selling your home will likely be one of the biggest transactions of your life. You can try to do it alone to save money, but hiring an agent has many advantages. Agents can get broader exposure for your property, help you negotiate a better deal, dedicate more time to your sale, and prevent your emotions from sabotaging it. An agent brings expertise, which few FSBO sellers have, to a complex transaction with many potential financial and legal pitfalls.

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#RealEstate #HomeBuyer #Realtor
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DISCLAIMER:
This video is for entertainment purposes only.  I am not a legal or financial expert or have any authority to give legal or financial advice.  While all the information in this video is believed to be accurate at the time of its recording, realize this channel and its author makes no express warranty as to the completeness or accuracy, nor can it accept responsibility for errors appearing in this video.

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3 سال پیش در تاریخ 1400/07/04 منتشر شده است.
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