Selling a home is one of the largest financial
transactions you will likely experience in your lifetime.
Most transactions
today exceed $100,000, so wouldn't it be nice if the transaction went
as smoothly as possible? Using a REALTOR® helps eliminate stress
and worry in the selling process. Here are some additional facts to
consider:
- REALTORS® help sellers get more money for properties compared
to for sale by owner (FSBO) transactions
- REALTORS® work with
lenders to ensure that only qualified buyers will view your
property
- REALTORS® use a variety of methods to market your
property, including the Multiple Listing Service (MLS), ensuring
your property
gets the
exposure it deserves
7 things that frustrate for-sale-by-owner sellers
2/3 of for-sale-by-owner sellers report the following frustrations
when selling a property*
- Selling within the length of time planned (13%)
Homes listed as for-sale-by-owner and then listed with a REALTOR®
end up on the market longer than if the property had been listed
with a REALTOR® to begin with.
- Getting the price right (12%)
REALTORS® have access to several years worth of sold information
for local neighborhoods through the Multiple Listing Service,
helping to ensure that your home is competitively priced in the
local real estate market.
- Preparing or fixing up the home for sale (11%)
REALTORS® see a lot of homes every day, and knowing what else is
on the market can help your REALTOR® identify fixes to help your
home show better to prospective buyers.
- Understanding and performing paperwork (10%)
Iowa REALTORS® receive 36 hours of continuing legal, ethical, and
best-practices education every three years and have access to
professional, standardized
forms
to
protect you when selling your home.
- Having enough time to devote to all aspects of the sale (8%)
A REALTOR® works for you to coordinate all aspects of a transaction.
- Attracting potential buyers (8%)
REALTORS® frequently have access to a vast network of contacts
from which to draw prospective buyers, plus your home will likely
be marketed to other REALTORS® and their clients through the
Multiple Listing Service and national property websites like
REALTOR.com.
- Helping a buyer obtain financing (5%)
REALTORS® showing your home to their clients can help prospective
buyers get pre-approved for a loan, helping the sale of your
home to go smoothly.
*2008 National Association of REALTORS®
Profile of Home Buyers and Sellers
REALTORS® are chosen by nearly
4 out of 5 homeowners when selling a home
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