Everyone likes saving money, especially when it’s a significant amount! Realtors take a pretty good percentage of the proceeds when you buy or sell a house through them, so many people believe that doing it themselves will save them money and they can keep that percentage in their pocket. It’s easy to think “Why should I pay a real estate agent to do something I’m perfectly capable of doing myself?” It’s good to be aware, though, that working with a qualified real estate agent is worth more than what you’ll pay in commission. In fact, working with an agent can actually save you not just money, but time, effort, and a considerable amount of stress as well.
As the old real estate saying goes, when it comes to buying or selling a home, it takes a village. And if you don’t have the right villagers in your corner, the process gets expensive in a hurry. During your home sale or purchase, there are all sorts of vendors you may need to work with: contractors, inspectors, tradesmen, movers, and depending on your needs, the list can be even more lengthy. Finding all of those vendors on your own takes a lot of time and there’s no way to ensure you’re getting the best deal. When you work with an agent, they have professional contacts across the board and can recommend the right vendors at the right price. Having access to your agent’s network is a huge time and money saver.
When you try to sell your home on your own, pricing your property can feel like a guessing game. When you’re a buyer, it’s hard to know what is a fair offer to make when you find the house you want. A qualified real estate agent has a deep well of market knowledge that is invaluable here. It’s an agent’s job to know what’s going on locally. They know how much homes are selling for, how long homes are sitting on the market, and exactly how the home in question stacks up against the competition. This information will significantly speed up the process of buying or selling your home and will put or keep money in your pocket that you might have lost otherwise.
Many buyers and sellers who try to manage the process on their own believe it’s going to require minimal time investment. Sellers think they just need to post a few ads, host an open house or two, and the offers will roll in! Buyers browse the real estate listings and feel like they can just visit houses in their free time and do their own legwork. But unfortunately, that’s not the case.
Seeking out your dream home or hunting for buyers can feel like a full-time job
. That’s why there’s an entire industry dedicated to it! People who go it alone to save money often find their time, and lives, completely monopolized by the process. You know what they say, time is money.
If you’re spending all of your time trying to find a new home or get your house sold, it’s taking you away from your life, priceless time with your family, your job, and your hobbies. Working with a real estate agent takes that burden away. Buying and selling homes is your realtor’s full-time job, and they can devote the time and attention necessary to get it done quickly. The amount of time and hassle this will save you is invaluable.
Not working with a real estate agent to save money on fees seems to make sense, in theory. In reality, working with a professional saves you immeasurable time, energy, and cash. Any good real estate agent will more than earn their commission, and then some, before the time comes to sign the closing papers.
When the time to sign the closing papers does come, you’ll want a title professional on your side as well! Setco Services offers a full-range of custom title products including great title insurance, escrow and real estate closing assistance. We pride ourselves at being the #1 Title Company in the Florida Panhandle. Whether you’re a buyer, seller, real estate agent, or lender, we can help! Click below to find your local Setco office and to learn more about all we can offer you.