With winter slowly loosening its grasp and giving way to warmer weather, those thinking of selling their house should start preparing. According to real estate data curator ATTOM, the best time to sell a home is during the spring and summer.
ATTOM’s analysis of home sales over the past 11 years shows that during May, June, and July, properties sell 10% above market value. So if you’re looking to maximize your ROI, you need to be ready to sell your home soon.
Speaking of maximizing your profits, some homeowners choose to skip hiring a real estate agent to save on commission fees. But you should rethink this decision if you consider doing the same.
Selling your home is probably the most significant transaction you might ever make. Without a real estate professional to guide you and look over the technical aspects of the sale, you may miss crucial details, leading to a bad deal.
We listed why hiring a real estate agent is crucial when selling your home.
1.Real estate agents can spot potential problems
Your house must be in great shape to raise its value and entice more buyers. There is a huge market for homeowners who want a move-in ready home where they don’t have to make major repairs or renovations.
A real estate agent can help you spot potential hazards in your home before you put it up for sale. They can help you identify roofing problems, mold growth, leaks, and other issues so you can repair them.
2.Real estate agents have expertise in the local real estate market
You may know the area where you live, but having an in-depth knowledge of the real estate market is a different league altogether.
When you work with the top real estate agent in your area, they can help you navigate the local real estate market.
3.Real estate agents can maximize the value of your home
Overpricing or underpricing your property can negatively impact your sale. The former will not give you the best ROI while the latter can make it difficult for your house to sell.
Real estate agents are experts at setting the right price. They will set your expectations based on local market conditions while also considering your desired profit, helping you settle on a pricing strategy that attracts demand for your home.
4.Real estate agents have an established professional network
Another reason to work with a real estate agent is so you can tap into their professional network. This can include their colleagues, social media followers, agency resources, and access to Multiple Listing Service (MLS).
Instead of you spending money for walk-through videos or staging, your agent can use their network and other contacts to make sure your listing gets in front of prospective buyers.
5.Real estate agents are experienced in handling paperwork
Paperwork is a significant part of selling your home. From deeds and titles to inspection documents and listing contracts, there’s a ton of paperwork you need to fill out, file, obtain, or keep track of.
Instead of handling the paperwork, which can sometimes be confusing, you can let your agent handle it. They know these documents inside out, so they’re better left to professionals.
Sell Your Seattle Property with Expert Help
Blue Pacific is a residential and commercial real estate company trusted by Seattle property owners. Our team of real estate professionals can help you sell your home for the best value. Contact us for a consultation today.