If you are a home buyer or seller, you may ask yourself
whether it is worth the expense of having a real estate
professional involved in the transaction. You may
think you are saving money by doing it yourself, but
you could be biting off more than you can chew. Forfeiting
professional help means depriving yourself of an array
of services that can make a sale or purchase go considerably
more smoothly.
In a recent survey by the National Association of
Realtors, more than three-quarters of the people surveyed
who had used a real estate agent to sell their home
felt the commission they paid was "money well
spent." Two-thirds of the people who had sold
their home themselves either were unsure about or
firmly decided against ever doing it again. On the
other end of the transaction, nearly three-quarters
of the buyers surveyed said real estate professionals
can show buyers a better selection of homes than they
could find on their own.
Sellers who use a real estate professional save themselves
the time and inconvenience of showing their home to
prospective buyers, many of whom are not really interested
or do not have the funds to qualify for that home.
Real estate agents will pre-qualify potential buyers
before showing them a home. For buyers, real estate
professionals can be instrumental in helping to find
the neighborhood they want, as well as amenities in
the surrounding area.
When you think about buying or selling a home, you
are wise to consult a real estate professional. Eight
out of ten Americans do just that every year.