Are you looking to buy or sell a house? Some people are turning towards the “For Sale By Owner” approach these days, in hopes to save themselves some money and get more out of their sale. The end results might not end up like you would think. FSBOs accounted for just 8% of home sales in 2020. The average sale price of the FSBO home was $217,900 compared to $295,000 for agent-assisted home sales. When FSBO sellers were asked what they found most difficult their top responses were; preparing/fixing up home for sale, understanding and performing paperwork, getting the right price, selling within the planned length of time, and having enough time to devote to all aspects of the sale.1
There are a ton of advantages to using a local real estate agent if you’re looking to engage in any real estate transaction, whether it’s buying or selling a home.
Why Use a Local Real Estate Agent?
The short answer to the question of why use a local real estate agent, and the answer that encompasses all the other reasons into one, is, you’ll get the most out of your transaction. A local realtor can get you the best value for the shortest time on the market, and can help you find the perfect house for your needs in the local market.
The best way to sell your home fast and get the best value for it, is to price it properly. Local agents know the market in the surrounding area. They have the tools to compare what other properties in your area have sold for and give you a price range for your home that is right. The value of your home is never going to be a set number but rather a range depending on many factors that realtors know and understand.
A real estate agent is capable of getting you far greater market exposure than you could ever get on your own. If you are selling a home with a realtor, they can get your house listed on all the major industry channels. You simply can’t access these with a “For Sale by Owner” sign in the yard. Looking to buy a home? They’ve got resources beyond what your Internet search might turn up to find you the best options and to get you to them faster!
Your local realtor knows the neighborhoods in your area. Not only do they know the local real estate market, they also know the general resources of the neighborhood, its crime statistics, schools, attractions, local festivals and other things you may want to consider when moving to or from a given neighborhood. This expertise can prove invaluable to those buying and selling homes.
Sellers don’t trust just anyone to walk around in their house. Realtors are licensed and will have a lockbox code to let you into the house to take a look at it. Waiting for an open house, that many times won't even happen for properties in this market, can really limit your options.
Homes in Kansas City and Surrounding Communites
If you’re looking to buy or sell a home in Kansas City, Re/Max Advantage is the professional realty you need. When you’re ready to start your search in this region, use a local real estate agent. Contact us to get started today.