Do I Need A REALTOR®?

Do I Need A REALTOR®?


Are you considering selling your home
and you’re wondering ‘do I really need to hire a REALTOR® to get the job done’? Well,
I’m happy to tell you that you’ve come to the right place! That’s what we’re
talking about today and we’re getting started right now! Hi everyone! I’m
Lindsay and I’m a REALTOR® with the Wise Move AZ Team. My team and I
serve the North Phoenix Metropolitan Area with a focus in beautiful Anthem,
Arizona. if you’re new to our channel, hit that little subscribe button in the
corner here! We put out new videos every Thursday and Sunday with tips and tricks
to help YOU navigate the real estate process. Today we’re talking about
whether you need a REALTOR® to sell your home. You might be surprised to hear me
say this but the short answer is ‘NO’, you don’t. I mean you don’t technically need
a fork to eat a big plate of saucy spaghetti, do you? No, but it sure makes
things go more smoothly, takes less effort, and can avoid a big mess,
right? Well that’s kind of what your REALTOR® can do for you in selling your
house. We make sure things go smoothly with less mess and with WAY less effort
on your part. Today I’m going to highlight some of the things
you should consider when deciding to use a REALTOR® when selling your home (or not).
Selling your home is a big deal and let’s face it, using a REALTOR® to sell it
for you can seem expensive. We know you have lots of choices. You can sell it
yourself, that’s called ‘For Sale by Owner’ or FSBO which is just way more fun to
say. You can sell it to a company like OfferPad, Zillow, or the ‘We Buy Ugly
Houses’ people who will purchase it from you and then sell it themselves, or you
can work with a REALTOR® (like me) to get the job done for you! If you’re watching
this video you probably have the following thoughts: #1: You want
to save money. Well Amen to that! REALTOR® commissions vary and they’re
flexible. So, before you rule out using a professional, see if there’s a REALTOR®
that offers the services you need at a price that makes sense for you.
For example, we offer a flexible fee structure to accommodate sellers who are
leaning towards selling their home on their own. With this program you pay
for the services you need and not the ones you don’t…HELLO! #2: You want top dollar for your home. Doesn’t everyone?!?
The key here is pricing your house appropriately from the start. The most
common mistake FSBOs make is over pricing their home which can mean it sits on the market, costing you valuable time and money. #3: You
want to schedule showings and open houses at your convenience. We know it’s
hard to keep your house in pristine showing condition when, you have kids, and
dogs, and a full time life outside of trying to sell your house! You might
think that if you list yourself you’ll have complete control over the showings
and open house schedule, right? This may sound perfect but are you really going to
say no to a buyer who’s sitting outside your home and wants to see the inside?
What if you’re 50 miles away doing something really important? The right
REALTOR® will control and manage showings to suit your schedule, we
promise! When deciding whether to list your home yourself or to use a REALTOR® I
really want you to ask yourself if you’re ready and experienced enough to
take on the legwork necessary to manage the sales process. Some of the things you
need to be ready to take on are: r #1: Valuing your home yourself. This
means comparing the interior, the exterior, the size, number of bedrooms,
bathrooms, upgrades, and all of the other features of your home, to all the homes
sold, and currently for sale, in your neighborhood to determine the right
price. You need to get this right because if your home sits on the market too long,
it’s at risk of inheriting a stigma that can make it even more difficult to sell.
In the next few weeks we’ll be releasing a video on how to price your home, so
watch out for that! If you’re using an online service like
Zillow to determine the value of your home, keep in mind that they have a
margin of error 4.6%. This means that if your home is worth $300,000, your
Zestimate range will be somewhere between $286,000 and $314,000. That’s almost
a $30,000 gap, which could easily be the difference between selling
in a timely manner or not selling it all. A good local REALTOR® will be able to
provide a much more accurate price recommendation for you. #2: Pre-qualifying and screening potential buyers.
Are you comfortable doing this? You need to make sure you’re selling your home to
someone who is financially qualified. #3: Coordinating the sales
process. Do you have enough experience with and access to the markets/websites needed to reach your target buyers? Consider how much it’ll cost you
to effectively market your home. Most REALTORs® pay these costs for their
clients, out of pocket, whether the house sells or not.
#4: Negotiating. Are you comfortable negotiating on your own
behalf, throughout the offer and counteroffer
process? #5: Navigating the inspection period. This includes
responding to the buyers request for repairs without adversely affecting your
own rights or jeopardizing the deal. #6: Working with the buyer’s
agent. Will you be comfortable working opposite the buyer if they have their
own agent? Will you be offering a commission to the buyer’s agent?Remember,
that agent buys and sells homes for a living so they may have more experience
than you. #7: Working with the buyers’ appraiser. If the buyer is getting
a mortgage to purchase the home you’ll need to navigate the seller side of
insuring their financing is approved, which includes accommodating an
appraisal. #8: Drafting contracts and other legally binding
documents. REALTORs® have exclusive access to standard form contracts that are
carefully crafted to protect the buyer and the seller. Are you confident that
you could draft all the necessary legal documents and have them hold up in court,
should an issue arise? I don’t want to scare you, but it’s important stuff! This
list represents only a small portion of what a professional REALTOR®
does for you, or what you will need to do yourself, if you decide to sell your
own home. The decision boils down to this: Are you willing and able to do the
things that are necessary to sell your home? If you are, that’s great! If you
aren’t, give us a shout1 We love doing all of these things for our clients. So,
that’s it for today! If you want more information
on this topic make sure you click the link below, to read the full blog post on
our website. We put out new videos every Thursday and Sunday, so make sure you hit
that subscribe button to stay up to date on all things Anthem and Real Estate. And
remember, if you or anyone you know is looking to buy or sell their home, give
us a call! It’s always the right time to make a wise move with the Wise Move AZ Team!

One thought on “Do I Need A REALTOR®?

Leave a Reply

Your email address will not be published. Required fields are marked *