For
a variety of reasons, almost
everyone will realize the need to sell their current home and buy a new one. In
selling their homes, owners can choose to go about it on their own, or get help
from a real estate agent. Going with the second option means a better chance of
getting the maximum value for their property.
Real estate agents can provide
an objective viewpoint in assessing a property, looking into aspects that may
need renovation or repair to help land a sale. Homeowners tend to be subjective
when it comes to valuing their property’s condition, and are likely to think it
is marketable as is, even when it actually needs a lot of work.
Some DIY home sellers
estimate their property’s asking price based on historical costs. On the other
hand, before putting a value on a home, real estate agents would consider costs
of similar properties in the neighbourhood, and do a comparative market
analysis to come up with a good asking price.
The task of selling a home
on one’s own may seem simple enough, but there’s more to it than just putting
up a “For Sale” sign. Property evaluation and comparative market analysis are
just two of the things that need to be done. Fortunately, established real
estate agents can help in these aspects.
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