What are the benefits of selling your home without an agent?

When selling a property, the owners immediately look for a real estate agent to simplify the work. Sometimes these are of great help because they know of people who currently do not have a home and need to buy a house.

However, these agents do not always need to be hired. Next, we will explain precisely what a real estate agent is, what summarizes his work, and on what occasions it is possible to sell a house without a real estate agent. Finally, we will explain the benefits of not hiring one.

 

What is a real estate agent?

It is someone whose task is to provide sales, advice, and mediation services to other people. Such agents are not usually dedicated only to selling houses; some even have suitable experience trading different products, such as vehicles.

Their skill is in sales, and they decide not to limit themselves to trading only with houses, although they almost always make their most considerable profits from there.

What is the work done by a real estate agent?

First, it is a reviewer who examines the property they will sell and considers the state in which it is to make a fair offer. Then, it manages and organizes what is related to customers, looks for interested people willing to pay exactly what the owners ask, and rarely accepts discounts.

The sales task is solemn and must be handled by someone skilled who, regardless of the circumstances, does not let himself be manipulated by the buyer. When the owner of the house is the one who negotiates directly, he will most likely agree to sell below what he asks.

 

On what occasions is it not necessary to hire a real estate agent?

You have seen everything a real estate agent does before and may think it is always necessary. However, this is not the case; depending on the area where you live, it is not required to do the amount of work that house sellers do. Those who live within a central, calm place with a low crime rate have the upper hand in selling.

If it is for work in the city, the interested party will look for a house within the center close to where he will work. To lead a relaxed life, you will prioritize homes in quiet areas to avoid any distress.

If you come from an area where they stole a lot, you will certainly look to move to a place where the crime rate is low. In situations like that, it is good to take advantage of them whenever possible and sell directly. Of course, remember that you need to stand firm with the amount you order, which has to be fair.

 

Benefits of selling your home without using a real estate agent

Considering that it is possible to sell certain homes without using the services of a real estate agent, it is time to highlight the benefits obtained by those who sell houses without an agent:

They don’t need to pay extra money

When a home is sold through a real estate agent, the owner needs to give a certain amount to the agent to complete the business. However, as long as the owner meets the company on his own, he does not need to pay anything to anyone. You will keep every penny of the transaction in your pocket.

Personally place the terms of the sale.

Although when using a sales agent, the owner is the one who places the parameters of the sale, sometimes they apply measures that, in their opinion, seem better. Sure, it happens only occasionally, not always. However, by negotiating directly with buyers, you will avoid similar headaches.

It’s possible to take advantage of offers such as ‘We buy houses for cash.

Many times, for reasons of complicity, some prefer to acquire their money in cash. However, asking for cash is something that agents never do because it is not in their interest to have the sale delayed. If the seller is not in a hurry, he can ask for cash. Some agencies like “we buy houses for cash” offer such an option.

You won’t need to repair the house before you sell it

In the beginning, we mentioned that the agents analyze the state in which the house is; if it does not offer good features, they will suggest repairing it. Hiring a reformed company is more expensive, and you have to invest time in repairs, in which there are possibilities to finalize the sale.

You won’t need to wait months for the sale to close.

Doing business through a real estate agent needs much paperwork that ultimately leads to the process taking much time. The shortest period it takes is 40 days. However, sometimes much more time passes, and the sale is completed after six months.

If you need speed, either because you want to move fast or the money, then this process can be ineffective for what you are looking for. Although it would be a little more stressful, you will close the business quickly if you take care of finding a buyer and managing the sales documents.

No details about the business are lost.

Most real estate agents keep almost all the details and leave the buyer and seller a little out of the situation. In your case, you are the seller; it should tell you how the negotiations are progressing; if a higher or lower price is needed, manage the documents and tell you exactly the time of conclusion.

But in a few cases, this happens, so if you take care of the business yourself, you will know what you should do and when to do it.

The sale will be much easier.

The last thing to mention is that when you hire a real estate agent, he can raise the price a little to get more profit. Therefore, from the price you put on it to the price at which it is sold, there can be a big difference, which can be an inconvenience.

On the other hand, if there is no intermediary, everything will be left to you, and the house will have a much lower price.