Should I use a Realtor to Sell my Home?
June 5, 2008 – 7:15 pmA question that I am often asked is if a Realtor is truly necessary to sell a home. The answer is almost always no, but you probably should.
Realtors provide a very important service to both buyers and sellers of real estate. The key is to find a Realtor that will work for you and assist you in buying or selling a property that fits your needs and your budget.
When selling a home, a Realtor can assist you in determining what properties are selling for in your neighborhood, as well as the timelines under which it takes for the property to move. They can help make recommendations on small, often inexpensive, changes that you can make to the appearance of your home that can bring significant value increases and increase your marketability. Through a talented Realtor, you will often be able to claim a higher sales price for your home in a shorter period of time than you would be able to on your own.
The commission is something that many individuals have difficulties with accepting. In Texas, it is customary for a seller to cover the Realtor commissions in a transaction. The commissions are normally 6% (split between the two Realtors if there are two), although the actual commission rate is negotiable. While 6% can seem high, the value obtained at this rate can often pay for itself and then some.
When shopping for a Realtor, you should consider their experience. Ask them how many homes they have sold in your area in the last year. Ask them for references from previous clients. If you are not satisfied with their experience or references, then keep shopping until you find one that you feel will meet your needs.
For more information on Realtors, their regulations, and requirements; you can visit the Texas Association of Realtors.
2 Trackback(s)
You must be logged in to post a comment.