Shopping for a new home in today’s market? You’ve probably heard that it can be tricky — and you’d be right! Rising mortgage rates and sluggish buyer demand are just some of the factors to consider. Knowing what they mean to your sale is key, so why not use an experienced housing expert as your guide? That way, you’ll make sure both feet stay on solid ground while reaping all the benefits.
Here are five reasons working with such a professional makes sense:
1. A Real Estate Advisor Is an Expert on Market Trends
Leslie Rouda Smith, 2022 President of the National Association of Realtors (NAR), explains:
“During challenging and changing market conditions, one thing that’s calming and constant is the assurance that comes from a Realtor® being in your corner through every step of the home transaction. Consumers can rely on Realtors®’ unmatched work ethic, trusted guidance and objectivity to help manage the complexities associated with the home buying and selling process.”
Not only can an expert real estate advisor give you the scoop on national trends, but they’ll also know what it means for YOU. With trustworthy data-driven information at their fingertips, having a pro in your corner when making big decisions is more invaluable than ever!
2. A Local Professional Knows How To Set the Right Price for Your House
Despite the real estate market’s cooling down this year, homeowners must still be careful when pricing their homes to sell. To avoid setting too high a price and scaring away potential buyers – or having your property languish on the market for longer – it’s best to stay informed about current housing prices if you’re going solo.
When it comes to getting the best bang for your buck, enlisting a real estate professional practically guarantees success. They provide an objective assessment of factors such as recent neighborhood sales and any renovations you’ve made – all geared towards making sure that your house will fly off the market at peak price!
3. A Real Estate Advisor Helps Maximize Your Pool of Buyers
In the ever-changing real estate market, professionals must use their skills to bring buyers back in. Luckily there are plenty of tools available; from engaging social media following and agency resources to utilizing the power of MLS – getting homes out into public view with just a click! Boost buyer demand this year by taking advantage of these opportunities today. Investopedia explains why it’s risky to sell on your own without the network an agent provides:
“You don’t have relationships with clients, other agents, or a real estate agency to bring the largest pool of potential buyers to your home.”
With the power of your agent’s marketing strategy and reliable tools, you can unlock unlimited possibilities for selling your home.
4. A Real Estate Expert Will Read – and Understand – the Fine Print
Homeownership has become an increasingly complex affair. As mandatory disclosures and regulations expand, the number of legal documents you must stay on top of to successfully sell a house is ballooning – no small feat! NAR explains it like this:
“Selling a home typically requires a variety of forms, reports, disclosures, and other legal and financial documents. . . . Also, there’s a lot of jargon involved in a real estate transaction; you want to work with a professional who can speak the language.”
Real estate can be a tricky business, but now you don’t have to go it alone! A professional realtor will make sure the fine print doesn’t trip you up and guide your way towards making the best decisions. It may just save your wallet in more ways than one.
5. A Trusted Advisor Is a Skilled Negotiator
In the current market, buyers have more room to negotiate – which is great news for those trying to sell their home! However, if you don’t enlist a professional real estate agent’s help in this process, be prepared to handle all of your own back-and-forth discussions. That means you’ll have to coordinate with:
- The buyer, who wants the best deal possible
- The buyer’s agent, who will use their expertise to advocate for the buyer
- The inspection company, which works for the buyer and will almost always find concerns with the house
- The appraiser, who assesses the property’s value to protect the lender
Instead of facing the daunting task alone, why not rely on an expert to help? A smart strategy is key when navigating a complex situation – your specialist will know exactly which buttons to push and who needs convincing. When in doubt, consider calling for reinforcements!
Ready to sell your house? Let’s face it, the real estate market is a tricky place – don’t go down this path alone! Make sure you have an expert in your corner to guide you through every step. Connect with us today and we’ll help make selling your home stress-free!