If you are in a hurry to sell your Nanaimo home, then consider ditching the ‘sell yourself’ model and contact a real estate agent.
With the strong seller’s market, we are experiencing in Nanaimo, many sellers feel they can sell their own homes. They are right, they likely can. In a Seller’s market it is easy to sell your own home. However, what many sellers do not realize is that they may be leaving money on the table by selling themselves.
Most For Sale By Owners will be able to find a buyer for their home. They will find one buyer, whereas a Realtor, who lists a home, often has more than one buyer wanting to write an offer.
In the month of November 2021, the average listed and sold single family home received 105% of asking price. This means that the average listed house in Nanaimo received 5% over asking and many homes received a lot more than that!
Here are a few other ways a realtor can help you sell your house faster:
A major reason homes take longer to sell is ‘poor valuation.’ Sellers want to make big profits and often end up putting the house up at an unrealistic price, which deters buyers. As a result, the house stays on the market for longer.
With real estate agents by your side, you will not have to worry about finding the true price of your house. Agents are fully aware of the market and will do up a comparative market analysis to determine the value of your property.
They can even provide tips on how to add value to your house. This includes getting it repainted, renovating the bathroom, upgrading the kitchen, or improving the landscape. These changes offer high returns and can help you sell your house faster and often for more money.
Making minor changes can boost the value of your house and allow you to find a buyer in no time.
The main job of realtors is to bridge the gap between buyers and sellers and help both parties reach a deal. Realtors are already in touch with potential buyers and are part of Realtor networks that can quickly help you sell your house.
Remember that it is not only about having a nice house, it is also about presenting it in the right manner. Realtors know what people want and can present your home in its best light to attract more buyers.
They know how to market your house professionally.
You will have to take care of dozens of pages of paperwork when selling your house. Working with a real estate agent can ease the process and help you save time as they will take care of the paperwork and will be able to explain the process step-by-step.
The negotiation process is both important and lengthy. Most buyers will not buy your house at your preferred price and would like to bring the price down. This process can go back and forth and result in delays.
Agents are expert negotiators and know how to represent their clients’ best interests and negotiate an optimal price.
Selling a home can be emotionally exhausting. It can be difficult to discuss the sale with buyers and listen to their criticism. A professional agent can provide support and provide a buffer between you and the Buyer.
According to the National Association of Realtors, Eighty-nine percent of all homes sold in 2017 were sold with the assistance of an experienced real estate professional, according to the 2017 Profile of Home Buyers and Sellers.
Consider working with a professional if you want to sell your home faster. Check out our BLOG for more tips.