When beginning the process to list your house for sale, the to-do list can be overwhelming! Decluttering, cleaning, making repairs, and staging the home to make it more attractive to potential buyers, not to mention depending on your circumstances, needing to find a new place to live yourself at the same time. Think of all the time you've already had to sacrifice getting your property ready to list that could have been better spent on the trails? And you haven't even started actually trying to sell your home yet! The pre-listing stage is where a little sweat equity does really pay off, showing that pride of ownership makes a difference but after that, free yourself of the time & energy of trying to sell your home.
Beyond the time savings & stress management, here are a few other added benefits to working with an Agent:
Sell Remotely: Digital signatures are the norm when buying or selling which allows for everything to be done remotely, which can be especially beneficial for sellers who are not able to physically be present during the sale. This can save time and reduce the need for travel, making the selling process more efficient and convenient. All you need is to make sure you have reasonably reliable access to email & the occasional phone call/text throughout the listing & sale process.
Stranger Danger: One of the main benefits of working with a licensed real estate agent instead of attempting to sell a property as a for sale by owner (FSBO) is that the agent will handle all communication and interaction with potential buyers, eliminating the need for the seller to deal with strangers or other people directly. This can reduce stress and potential safety concerns for the seller, while also allowing the agent to use their expertise to screen potential buyers and negotiate on the seller's behalf, removing the personal bias or emotion that can interfere with negotiations when 2 parties have a common goal of completing a real estate transaction but opposing priorities in accomplishing that.
Access to a network of potential buyers: Licensed real estate agents have access to a network of potential buyers, including other agents, which can increase the exposure of your property to a wider audience.
Marketing expertise: Real estate agents have the knowledge and expertise to market your property effectively. They can create professional listings, conduct open houses, and advertise your property on multiple platforms to attract potential buyers.
Price guidance: Real estate agents have access to real-time market data and can provide guidance on pricing your property. This can help you set a realistic price and avoid overpricing, which can deter potential buyers.
Negotiation skills: Real estate agents have experience negotiating with buyers, and can help you get the best possible price for your property.
Legal knowledge: Real estate agents are familiar with the legal requirements involved in selling a property in Alberta. They can help you navigate the paperwork and ensure that all legal requirements are met.
Professional networking: Real estate agents have professional networks that include home inspectors, lawyers, and mortgage brokers. They can refer you to trusted professionals that can help with the sale of your property.
Insurance: In the event of a problem or dispute, clients can have peace of mind knowing that their Agent has insurance coverage through REIX (Real Estate Insurance Exchange), which can help to resolve the issue and potentially provide compensation if necessary. The benefit of REIX for clients is that it provides an additional layer of protection and assurance, helping to build trust between the client and agent, and provide a sense of security throughout the transaction process.
While selling a property as for sale by owner can save you money on commission fees, it can also be more challenging and time-consuming. Working with a licensed real estate agent can provide you with many benefits and increase your chances of a successful sale at the best price with current market conditions.