Why More Sellers Are Hiring Real Estate Agents. Putting your house for sale on your own – often called “For Sale by Owner” or FSBO – might be on your mind. Instead, more and more homeowners are choosing to work with a real estate agent (see graph below):
And here’s why partnering with an expert is the go-to choice. Selling your home is a big deal, and while FSBO might seem like a way to save time or money, it comes with a lot of responsibilities.
The selling process requires setting the right price, navigating a growing amount of legal paperwork, and creating a solid strategy to attract buyers. And going it alone often means taking on more than you bargained for.
Let’s look at two big reasons why working with a pro can make all the difference.
1. Getting the Price Right
One of the biggest hurdles when selling a house on your own is figuring out the right price. It’s not as simple as picking a number that sounds good – you need to hit the bullseye. Price your home too high, and buyers may overlook your listing. Price it too low, and you could leave money on the table or even raise red flags about the condition of your home.
Real estate agents are experts in finding the right price for today’s market trends. As Zillow explains:
“Agents are pros when it comes to pricing properties and have their finger on the pulse of your local market. They understand current buying trends and can provide insight into how your home compares to others for sale nearby.”
And it’s that perfectly strategic price that’ll set the stage for selling at top dollar.
2. Understanding and Managing the Paperwork
Each document needs to be completed accurately, and there are legal requirements to follow that can feel overwhelming if you’re not familiar with them.
This is another area where an agent’s expertise really shines. TWith their help, you can avoid unnecessary stress and mistakes that can lead to delays, legal complications, and more.