professional knowledgeable in all real estate phases can make the process much easier. You don't need real estate expertise if you work with a professional who has it. No matter how long you have lived in your home, a real estate professional in the local area will know considerably more about the sale price history and market trends than you do. Since real estate agents are paid a percentage of your selling price, it’s in their best interest to price it perfectly. They want to earn the highest commission possible, but they also want to earn a commission within a reasonable amount of selling time. Real estate agents network with various contractors and professionals. They can advise on service providers’ reputations and provide references from those who have previously worked with providers. Agents either possess intimate knowledge about your area or have the contacts and resources to find the necessary information. They can identify comparable sales and find more demographic and statistical information than the average person. For example, you may know that a home down the street was on the market for $300,000, but a professional real estate agent will know the house had upgrades and sold at $265,000 after 45 days. A real estate agent will also have market conditions data that will affect your selling process. Many factors determine how you will proceed. Data such as the average per-square-foot cost of similar homes, median and average sales prices, average number of days on the market, and comparisons of list-to-sold prices will significantly impact your decision. Attempting to sell your home without an agent requires significant effort, resources, and countless hours of understanding and organizing all the work.
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