Are you thinking about selling your home in West Hill? Have you been thinking of selling it by yourself instead of hiring a real estate agent? There are several advantages of selling your home yourself, but there are disadvantages as well. To make it easier for you to make a decision find the most important pros and cons below.
The most important PRO for selling your home yourself in West Hill is MONEY. Selling your home without the help of an agent means more Money in your pocket! By selling it yourself you save the commissions and fees. – We are not talking about pennys, we are talking about THOUSANDS of dollars which you would have to pay an agent. Another advantage is that you are able to decide the times for open houses and showings. It is also completely up to you where and when you want to advertise. Unlike a real estate agent who is selling many houses, you can focus on YOUR house, because you are only selling your own house. It is obvious that you will have more interest in the sale than an agent.
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Real Estate Business is now more dependent on digital image service than it ever was. Back in the day, realtors and homeowners set up open houses for buyers to visit and take a trip around the house, but technology has improved to an extent where people can now ease at home and virtually get to where they want to go. Computers and photo editing software have made life easier for buyers to virtually visit a home they want to buy by just sitting at home.
Long before one decides to buy a house, he/she will evaluate every room and every corner of the property to their convenience. During those days buyers had to visit every property by driving to them, but now, that might not be necessary. Virtual Tours has made it so easy for realtors and homeowners as well as buyers to sit in one place and visit numerous open houses.
Modern Image and Video Editing techniques are so up to the mark that we can virtually roam the property at free will. This gives prospective buyers a chance to judge property space and cost evaluation without actually having to travel to the place or bother the owners.
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A real estate broker is a person who is a go-between for buyers and sellers of property. They have to seek out the people who wish to sell and the people who wish to buy and then become their broker. Being a real estate broker is a double edged sword. When working with a selling party the broker must find a way for the seller to sell their property for the highest price under the best term. But when a real estate broker is working with a buying party they must find a way for the buyer to purchase a piece of property for the lowest price under the best terms. Most real estate brokers working within the United States are required to have a license before dealing with prospective buyers and sellers.
Below is a list of the services a real estate broker can provide to a buyer or seller of a piece of property:
There are four popular groups within the real estate agent and broker profession. They are the National Association of Realtors, the Realtor Political Action Committee, the National Association of Exclusive Buyer Agents and the National Association of Real Estate Brokers.
The majority of sales involved in real estate involves a percentage. When a buyer or seller hires a real estate broker or agent to aid them in property movement they usually determine a percentage of the sale to go to the agent or broker beforehand. Most agreements net the agent or broker anywhere between 20 to 35 percent of the final sale.