Homes Sell for More When Listed by Real Estate Agent

There are many factors to take into consideration when deciding to sell your home. For instance, the time period in which you have to sell your home, how to get the most amount of money, and how to negotiate an offer. A real estate professional may save you time, money, and negotiate the best terms for you. When it is time to sell your home it can be an overwhelming experience and when you hire a real estate agent to represent you they can assist you with the entire process.

Determine how long you will have to market your home. The typical days on the market in our area are 70+ days. The term Days on the Market refers to only those homes listed with a areal estate professional, not to homes for sale by owner. Be aware that if you are going to sell your home as a "for sale by owner" the selling process will take longer. If you would like to sell your home in the most efficient manner, hire a real estate agent to represent you.

According to the National Association of Realtors "2005 Profile of Home Buyers and Sellers", seventy-seven percent of all buyers are represented by a real estate professional for the purchase of their home. Twelve percent bought directly from the builders and only nine percent bought directly from the previous owner. Furthermore, when it comes to advertising, fifteen percent of buyers found the home they purchased by a yard sign and only five percent found their new home via print/newspaper advertisement.

Home sellers have the bottom dollar in mind when it comes to selling their home. If you meet with your local real estate professional, they should be able to show you how they can save you money. The most significant savings shown is from the Natinal Association of Realtors 2005 statistics. The median sales price of a home that was for sale by owner was $198,200. The median sales price of a home that was listed by a real estate agent was $230,000. That is a sixteen percent increase in sales price for an agent-assisted sale. The homes that sold were in similar locations and the price was not based on markedly different types of homes, therefore, the only significant difference was the higher priced home was represented by a real estate professional.

There is a lot of paperwork and this can often be daunting for someone who does not do this on a regular basis. Real estate professionals process the purchase and sale of homes every day. The real estate agent you decide to hire will be able to negitiate the best terms for you while saving you time and money.