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Looking to sell your Salt Lake City home? The supply-and-demand dynamic is on your side.
According to Axios, inventory remains low overall, which means that homeowners who want to sell have the leverage to increase their asking prices.
So, now's as good a time as any to put your home on the market if moving is in your plans. But do you need a realtor on your side to sell your home?
It might be tempting to avoid paying an agent, but a realtor will offer services that justify the commission check. Consider the benefits of using a realtor.
Homes sold by their owners rather than real estate agents typically command a lower purchase price. If you stop to crunch the numbers, you might find that it makes more financial sense to retain the services of a realtor.
After all, you won't come out ahead if, after taking a pass on an agent, you get less than you should after selling your home. Hiring a realtor is your ticket to getting the best possible price for your home. Why settle for less than that?
How well do you know the home market in Salt Lake City? Living there, for however long, isn't the same thing as understanding the market dynamics. One of the realtor benefits is that you can tap into this specialized knowledge.
When you research and find the right service provider, you'll get realtor advice on a house-by-house and street-by-street level. Your realtor will suggest strategies to attract maximum foot traffic and sell your home fast.
You'll have to manage the entire process if you opt to avoid the realtor cost. And it can be a complicated process if you've never done it before. You'll need to keep in mind timelines, closing expenses, inspection matters, and more.
In order to avoid potential future lawsuits, you'll also need to know what issues need to be disclosed to possible homebuyers.
When you want to sell your home, the last thing you'll want is to encounter so-called tire-kickers who aren't really in a position to buy a house. But you won't have much control over the matter if you sell your home independently.
If you hire a realtor, you can count on him or her to vet potential homebuyers. Your realtor can, for instance, request that anyone who comes to view your home obtain pre-approval for a mortgage loan beforehand.
You'll be able to steer clear of tire-kickers who want to view your home but aren't serious about purchasing anything or are doing so out of curiosity.
Are you interested in selling your home? Any realtor guide focusing on the home buying or selling process will give you realtor tips highlighting the importance of working with a licensed real estate agent.
Considering the benefits of using a realtor listed above, the commission amount is a small price for the service level you'll receive. Understanding what is a realtor and finding the right one for you will ensure you come out ahead.
When you're ready to talk to a realtor who'll have your best interests in mind, get in touch. Susie Martindale Group here to help answer your questions and sell your home.