Two Reasons Not to Try to Sell a Property Without a Real Estate Agent’s Help
Here are a couple of reasons not to try to sell a property without a real estate agent's help.
Real estate agents will immediately notice the issues a property has that could deter buyers
One reason not to attempt to sell a property without this professional's input is that a good real estate agent will, after assessing a property, quickly identify any issues it has that could make it difficult to sell. For example, if your residential property's driveway has several potholes, a real estate agent might point out that not only could ruin the property's kerb appeal but could also result in potential buyers, who park their cars on it when coming for a viewing, ending up with damaged tyres. Being unimpressed with their first glance at the property exterior and also possibly dealing with the damage caused to their vehicles by parking on it could put people off.
If there's an issue like this with your property that you're not aware of, and you don't hire a real estate agent, you could spend months waiting for an offer, all whilst feeling confused as to why no one seems interested in the property after viewing it. Having input from a real estate agent from the outset could spare you this, as they would notice the problem right away and you could then set about resolving it before you even start arranging viewings. This, in turn, could help you to find a buyer faster.
Handling negotiation with a buyer on your own could be very challenging
If you don't have a real estate agent involved in the sale of your property, you'll need to handle the negotiations with the buyer yourself. Without a real estate agent to act as a middleman, and pass on your proposals, you'll have to deal with the buyer directly. If the buyer is a hard person to interact with and, for example, suddenly changes their offer to a much lower one or asks you to include some of the kitchen appliances in the sale when you don't want to, there's a chance that your emotions could get the best of you. If you react by ending the negotiations or being rude to them, you might have to begin the process of finding a buyer all over again.
If, however, you have a real estate agent who can pass on your proposals to the buyer (and vice versa), this professional will not only ensure that your communications remain polite but will also be someone you can seek expert advice from if you're frustrated by the buyer's negotiation tactics. This advice could then allow you to complete the negotiations in a way that satisfies both you and the buyer.
Keep these tips in mind when looking for real estate agents near you.
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