Why agents and dealers required to sell or buy a home ?

According to the SuGanta Realty Services llp Group Consumer Housing Trends Report 90 percent of sellers list their home with a real estate agent. Sellers surveyed listed reliability, accountability, local market knowledge, a good reputation in the community and a strong sales track record as the most important attributes in a top agent.

A great real estate agent can make a huge difference in your profits from your stress levels on many aspects of your sales experience. Read on to find out the many benefits of selling with a local agent and find out what it will cost.

Is any standard commission for a real estate agent?

Real estate agents operate on a commission basis making up a percentage of the purchase price of the house or customer they buy or sell. Typically as a seller you will pay 5 to 10 percent of the selling price with half of the total as the buyers and agents commission.

Keep in mind that the commission is always negotiable on the basis of factors of the local market or its position. For example if you are going to use the same agent to help sell your home and buy your new home so you may be able to negotiate a lower rate because they receive two commissions. 

What is the difference between a listing agent and a buyer agent?

The listing agent also known as a seller agent works to help the seller sell their home from listing to closing. The buyer agent works for the buyer guiding them through the process of finding a home they love in conversation and all the way through to closing.

Benefits of using listing agent 

1. Local housing market expertise provide by real estate agents

• They have access to an extensive list of comparable homes and understand the value of homes in your area.

• They can guide you to determine the right price for your home one that will allow you to have both pockets as much money as possible while selling on time.

• They understand the local housing code and can point to any red flags on their property that buyers (and their home inspectors) will find.

• They can recommend specific home improvements that matter the most to buyers in your area.

2. Real Estate Agents Marketing Listing

• They can hire a professional photographer to take great catalog photos.

• They list your property on online real estate sites like SuGanta.com. In fact agents have access to more listing outlets than sellers who list on their own.

• They serve as a buffer between you and all potential buyers fielding calls answering questions and scheduling shows.

3. Real estate agent network with other agents to increase buyer interest

• Maybe they can show your house to a customer only to increase crowds. 

• They talk to other agents about your home seeing it as a match for their buyers. 

• Homes sold by agents are usually more preferred to buyer agents as they know that they will receive a commission on the sale.

4. Real estate agents handle your conversation

• They identify serious offers to all potential buyers.

• They work efficiently with the buyer and agent to get you an offer that meets your needs in terms of price time and repair.

• They help you make smart decisions in negotiating counteroffers.

5. Real estate agents make the sales process easier

• Professional real estate agents monitor the deal flaws and unusual requests and all read the fine print.

• In the event of multiple offers they will help you identify the pros and cons of your offer making your decision easier. 

• They will advise when to counteroffers and when to accept the deal.

How do I Hire a Real Estate Agent?

There are plenty of ways to find a great local real estate agent including asking friends and family members for referrals and searching online. Check out SuGanta.com agent finder to see a list of agents in your neighborhood and to read reviews from their recent customers. It is important to interview multiple agents before choosing one.

You also want to pay attention to the term of your agent contract. If you are working with an agent with whom you have not worked before you may want to go with a shorter contract period so that if your home does not sell quickly you can pivot to such an agent. 

Option to hire an agent

If your goal is to simply sell your house as quickly as possible and you do not hire a real estate agent and do not pay commissions consider selling your home with a SuGanta Realty Services llp offer. Just answer some questions about your home and SuGanta.com will present you with a cash offer. If you like what you see you can circumvent the traditional listing process and close the date that is convenient for you.

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