If you’ve ever tried to sell or buy a home by yourself, how did it go?
If you’re like most people, it probably didn’t go very well – for a wide variety of reasons.
And yet, people still feel as if a real estate agent isn’t necessary. According to one survey, 47 percent of homeowners think they could sell a home without the help of an agent, if necessary. Another 59 percent said they can buy a home on their own without an agent’s help.
This is understandable. We all want to feel like we’re independent enough to make a major decision completely on our own and can handle the myriad challenges and obstacles that come with buying or selling.
But in the end, over three-quarters of homeowners and homebuyers surveyed said they eventually went with a real estate agent when it came time to buy or sell, and for good reasons.
Most homebuyers – 67 percent – said a real estate agent was helpful in handling paperwork. Another 59 percent said they valued the fact that an agent understands market value and can help evaluate a home’s list price accordingly. And 53 percent said they valued an agent’s access to market information.
For sellers, handling paperwork was another big benefit, at 64 percent. (There is a lot of paperwork involved in selling a home, to be fair.) Fifty-eight percent said advertising and marketing was a draw for agents, and 57 percent said help with pricing the home to sell and setting a good list price was key.
At the end of the day, real estate agents are incredibly important to buying or selling with confidence. It’s not just about the paperwork, either; it’s also about consulting with you about market value, timing, trends, negotiations, and other pieces of the real estate puzzle.
In real estate, every bit of help matters!