Homeowners that are considering selling their home on their own need to be aware of the truth; that hiring a real estate professional in Gilbert is absolutely the course of action to take when selling real estate in Gilbert. Many homeowners are probably thinking, “Of course real estate agents in Gilbert are going to say that” however, here are five reasons homeowners should take into consideration before attempting a for sale by owner.
One thing homeowners may not realize is that there are A LOT of people to negotiate with in a real estate transaction in Gilbert. A homeowner needs to know every aspect of the transaction because they will have to deal with the buyer, the buyer’s agent, the appraiser, the home inspection; the list goes on and on. Doesn’t that sound more stressful than just hiring a real estate professional in Gilbert to handle it all?
Second, when a homeowner hires a real estate professional in Gilbert, it opens their home up to all kinds of marketing strategies. When a for sale by owner transaction is attempted, the only marketing resources a homeowner has is the local paper, yard signs and, sometimes, a few websites. Real estate agents in Gilbert already have a marketing strategy in place, which often includes a MLS listing, which almost 90% of buyers use when looking for a home. Going hand-in-hand with this is the third reason to use a real estate agent in Gilbert; almost half of all buyers find their home online compared to only 1% finding theirs in the newspaper.
The fourth reason to avoid a for sale by owner transaction is because the paperwork required for a real estate transaction in Gilbert becomes more difficult each year. Regulations and disclosures for the real estate market in Gilbert have made the success rate for completing a FSBO transaction decrease by 10% in the past few years.
Lastly, when working with a real estate professional in Gilbert, a homeowner actually makes more money. This often doesn’t make sense to some sellers because they are under the impression that they are saving money with a FSBO because they don’t have to pay commissions and fees. What they often fail to realize, however is that when working with a real estate agent in Gilbert, their home is priced more accurately and generally sells quicker.