Real estate is big business. Real estate agents make a living, and quite often a good one, by helping people buy and sell homes. But some people choose to cut out the middleman and sell their own homes. There are arguments for and against both methods of home selling.
Many people choose to go through a realtor because it means less hassle for them. Having a realtor handle all of the legwork saves the seller a substantial amount of time. Instead of spending your time putting up signs, writing and purchasing ads, and fielding calls from those who may or may not truly be interested, you can concentrate on simply keeping your home showable. The realtor can do the rest.
Realtors possess market knowledge that the general public does not, and in many cases has little or no access to. This means that they can more accurately determine a workable asking price for your home. They are also experienced at handling negotiations and may be able to help you get a higher selling price than you would selling on your own.
The downside to going through a realtor is having to pay commissions. These are usually a percentage of the home's selling price. Whether directly or indirectly, the buyer pays the commission. So by cutting out the middleman, the seller can lower the price and still receive the same amount for his home.....
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