If you’re thinking of selling your home, it’s important to work with someone who understands the Newfoundland Real Estate market, how the market is changing and what does it means for you.
Here are five reasons to work with an agent to ensure you’ll get the most for your home.
1. Agents understand Market Trends
With today’s housing market defined by change, it’s critical to work with someone who knows the latest trends and how it impacts your house sale. An expert real estate agent knows about national trends and your local area. More importantly, they’ll give insight into what all of this means for you, so they’ll be able to help you with your decision making.
2. As Local Royal Lepage Real Estate Agents we Know How to Set the Right Price for Your Home
If you sell your house on your own, you may be more likely to price your house too high, which can deter buyers or cause your house to sit on the market for longer. Pricing too low could send up red flags that there is something wrong with your property.
Real estate agents look at a variety of factors, like the condition of your home and any upgrades you’ve made, with an unbiased eye. They compare your house to recently sold homes in your area to find the best price for today’s market, so your house sells quickly.
3. A Real Estate Agent Helps Maximize Your Pool of Buyers
Real estate agents have a wide range of tools at their disposal, such as social media, marketing resources, and the MLS Newfoundland (Multiple Listing Services), to ensure your house gets in front of people looking to buy.
“You don’t have relationships with clients, other agents, or a real estate agency to bring the largest pool of potential buyers to your home.”
4. A Real Estate Expert Will Read – and Understand – the Fine Print
Today, more disclosures and regulations are mandatory when selling a house. “There’s a lot of jargon involved in a real estate transaction; you want to work with a professional who can speak the language and write the offer and negotiate with your best interests in mind.
5. A Local Agent Is a Skilled Negotiator
In today’s market, buyers are regaining some negotiation power. If you sell without an expert, you’ll be responsible for any back-and-forth. That means you’ll have to coordinate with:
The buyer, who wants the best deal possible
The buyer’s agent, who will use their expertise to advocate for the buyer
The home inspector which works for the buyer and will almost always find concerns with the house.
The appraiser, who assesses the property’s value to protect the lender
Instead of going toe-to-toe with these parties alone, lean on an expert (your agent). They’ll know what the home inspection jargon is and how to address everyone’s concerns, and when you may want to get a second opinion.
Let’s connect, our experienced team will work with you to help explore your opportunities, provide you with a streamlined process from start to finish.
