If you’re thinking of selling your house this summer, know how to find the right real estate agent in Metro Detroit and learn how to make more money.
Here are five reasons why selling your house with a real estate professional makes more sense, even in today’s hot spring market:
1. They Know What Buyers Want To See
Before you decide which projects and repairs to take on, connect with a real estate professional. They have first-hand experience with today’s buyers, what they expect, and what you need to do to make sure your house shows well.
If you don’t lean on their expertise, you may spend your time and money on something that isn’t essential. That’s because, in today’s low-inventory market, buyers are willing to take on more of the renovation work themselves. A survey from Freddie Mac finds that:
“. . . nearly two-in-five potential homebuyers would consider purchasing a home requiring renovations.”
A professional can help you decide what you need to tackle. It’s not canned advice you could find online – it’s recommendations specific to your house and your area.
2. They Help Maximize Your Buyer Pool
Marketing your home is still key and having a strong plan is more important than ever. You no longer can rely on just posting your house on multiple listing service and public websites. This has created a huge problem with exposure. You are competing based on price alone, not value. No 2 homes are alike and neither should your marketing plan. You need to market where buyers shop and that includes Social Media and YouTube. INFLUENCE Buyers = MORE 💰
Today, the average home is getting 4.8 offers per sale according to recent data from the National Association of Realtors (NAR), and that competition is pushing prices up. While that’s promising for you as a seller, it’s important to understand your agent’s role in bringing buyers in.
Real estate professionals have an assortment of tools at their disposal, such as social media followers, agency resources, and the MLS to ensure your house is viewed by the most buyers. According to realtor.com:
“Only licensed real estate agents can list homes on the MLS, which is a one-stop online shop of sorts for getting a house seen by thousands of agents and home buyers. . . . This is certainly one of many good reasons why the majority of home sellers decide to employ the services of a listing agent rather than going it alone.”
Without access to these tools, your buyer pool is limited. And you want more buyers to view your house since buyer competition can drive your final sales price higher.
3. They Understand the Fine Print
Today, more disclosures and regulations are mandatory when selling a house. That means the number of legal documents you’ll need to juggle is growing. That’s why Investopedia says:
“One of the biggest risks of FSBO is not having the experience or expertise to navigate all of the legal and regulatory requirements that come with selling a home.”
A real estate professional knows exactly what needs to happen, what all the paperwork means, and how to work through it efficiently. They’ll help you review the documents and avoid any costly missteps that could occur if you try to handle them on your own. More importantly, keep you updated and informed on the current market conditions and strengthen your negotiation power. You don’t need a realtor on my site to follow the Metro Detroit Housing Market Prices and Trends ~ giving you complete access to the multiple listing service live graphs. You have access below as well so you can keep reading.
4. They’re Trained Negotiators
I recommend reading what they write and do they have a negotiation plan upfront in writing. Are they educating you on the current housing trends? Just like no 2 homes are alike neither are real estate agents. To help you get started you can review Simplifying Real Estate ~ blog posts and videos. If you sell without a professional, you’ll also be solely responsible for all the negotiations. That means you’ll have to coordinate with:
- The buyer, who wants the best deal possible
- The buyer’s agent, who will use their expertise to advocate for the buyer
- The inspection company, which works for the buyer and will almost always find concerns with the house
- The appraiser assesses the property’s value to protect the lender
Instead of going toe-to-toe with all these parties alone, lean on an expert. They’ll know what levers to pull, how to address everyone’s concerns, and when you may want to get a second opinion.
5. They Know How To Set the Right Price for Your House
If you sell your house on your own, you may over or undershoot your asking price. That could mean you’ll leave money on the table because you priced it too low or your house will sit on the market because you priced it too high. Pricing a House requires expertise. Investopedia explains it like this:
“. . . There is no easy or universal way to determine market value for real estate.”
More importantly, know the difference between Price-Driven vs Value-Driven approaches. Most realtors use price-driven only. Appraisers use a value-driven approach, and you need to review price and value to determine you’re not leaving any money on the table for the buyer and to make sure the buyer does have enough funds to cover the sale in a bidding war.
How to Sell Your Home: INFLUENCE = More 💰
I’ll walk you through each step on how to use influence to sell your home vs.Post and Pray. Post and Pray rely on exposure only and the only way you are going to compete is by price, not value.
Even in a Sellers’ Market, Marketing your Home is very important … ask McDonalds. You need to stay in front of all potential buyers. They may not even know they want to move. I’ve sold many homes over the years to buyers that we not looking for or planning to move. So they were not working with a realtor or going on the public website either. They saw the value and paid top dollar because the home was perfect for them.
💥 Important 💥 This is Where You Track Home Prices and Housing Inventory Levels (Supply and Demand)
Video Provided: Do You Need to Sell 1st? Not Sure Where to Start? 👉👉👉
First, you need to be brought up to speed on what’s going on in the Housing Market. I update this report on the 15th of the month.It has everything you need to determine the Market You’re In and review your City’s 3-year live trends regarding prices. Better yet, you can even review Sold properties and not rely on the online estimates.
I’ve provided additional videos regarding the housing market and how you can benefit from all the tools on this page. Whether you’re selling or buying real estate now or later. I recommend keeping up to date and protecting your real estate investment. It’s essential to follow the Housing Market Trends for Metro Detroit and know The Market You’re In, and it’s the only way you’ll know your true Negotiation Power.
Your 🔑 To Home Selling and Buying Success ~ Safe eGuides
👈👈👈 Watch Video for Sneak Peak
Don’t muddle through the Home Buying and Selling Process. Buying a new home is a dream for all of us, and it’s an emotional and stressful process.
It also involves the most significant financial transaction you probably will make in your lifetime. Your Buying Guide…will walk you through tips, strategies, and how to understand the numbers to strengthen your negotiation power.
Your Selling Guide…It will help you work through the selling process using the latest in high-tech market tools, so you make MORE Money. Our goal is to separate your home from the competition, keep Buyers focused on your house. The Selling Guide is very detailed and works step-by-step, so you’re guaranteed Top Dollar for your home.
Bottom Line to Finding the Right Real Estate Agent when Selling Your House
There’s a lot that goes into selling your house. Instead of tackling it alone, let’s connect so you have an expert on your side throughout the entire process.
Simplifying Real Estate Through Education
As we move forward, it’s been challenging as we navigated through all the changes. Putting your dream of a new home on HOLD shouldn’t be one of them. Now more than ever, knowledge will be your power. Know the Market You’re In and your Negotiation Power. Check out Categories for additional updates regarding the Market | Buying | Selling
If You Need To Sell 1st… I Recommend 🛑Doing This!
No 2 homes are alike, and agents need to 🛑 marketing ONE size fits all. We no longer have an exposure problem (internet). Your home is buried on public home search internet sites. The only way to compete on those platforms is the price. If you want more money, you need to apply Influence. Separate your home from the competition, so the Buyer sees value. Keeping them focused on your property and not getting lost in homes’ inaccurate data on public internet sites is necessary. Having digital omnipresence on serval platforms is your key to success. Remember MORE INFLUENCE = MORE 💰. We have details on how you can utilize High Tech Marketing and Win!
If you have any questions, contact us: Chatbot 🤖 at the bottom. Contact me by Email 📩 or my Cell 📲 @ 248-343-2459. Would you mind sharing your thoughts below or what future article you would like to see? Your opinion is important to us…. this site is for you.🤩 To Keep up to date request our 🏡 Chat Newsletter or Follow us on Facebook, Instagram, or YouTube