David G. Brown - HOW TO REDUCE YOUR RISK IN REAL ESTATE INVESTING

pictures, and offer an opinion of what your home is worth. An appraiser can often see things in your home that can add or subtract value. Ultimately, an appraiser will weigh in on the value of your home. When a buyer emerges, his lender will send an appraiser to make sure the property is worth at least its mortgage.

MORE REASONS YOU SHOULD BRING ME ON AS PART OF YOUR TEAM

As you’ve learned from reading through this book, selling a house or renting your property for the best price in a timely fashion — especially for more money — is more complicated than most people think. Consider the following reasons to consider hiring a quality Realtor®, such as myself:

Reason #1: I can sell homes for more money.

In fact, most sellers net more money in their pocket, even after they pay the agent’s commission. The average home sold by an agent sells for $230,000, while the average FSBO (For Sale By Owner) home sells for $184,000. That doesn’t mean every agent can sell your home for more, but many sellers actually make more money hiring a real estate agent to sell their home.

Here are a couple of real-life examples:

Brandon had his flip on the market for $220,000 and wasn’t getting much activity. The buyers who did look at it were not serious and made lowball offers. Then he listed his home with an agent for $240,000. Three weeks later, he received an offer from a buyer willing to pay full price. He ended up with more money in his pocket, even after paying the agent’s commission.

Jimmy and Kaye had their property on the market for $380,000.

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