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5 Reasons Why Home Sellers Should Hire Real Estate Agents

May 20 2015   |   Sourav Sengupta

Selling your home in a market where demand is low is not an easy task. Finding the right buyers who meet your asking price is difficult on your own and it may take months before you can seal a deal. Hiring the services of a real estate agent will take care of a number of problems and reduce your involvement in the whole process.

Here are the top five reasons why home sellers still seek the help of real estate agents when it comes to selling properties such as villas in Electronics City or condos in Gurgaon.

Real estate agents help you price your home right

Pricing your apartment is one of the most important decisions in the home selling process. One faulty step can set you back for months. A realtor has access to the ready to move in and upcoming properties in Bangalore and comparable cities, and has an idea of how to price your property. Taking into account the location of the property, access to arterial roads and social infrastructure, a real estate agent shall come up with a price which is most attractive to homebuyers.

Increase visibility of your properties

If you were to increase visibility of your resale apartment in India alone, how would you go about advertising your property? Put an advertisement in a newspaper, handout flyers or make a post on your social networking site account? A real estate agent can do much more. They have a list of buyers who are on the lookout for homes. From villas in Electronics City to studios in Mumbai, they have a list of buyers for every area. When you approach them for getting your property sold, they would pull out a list of buyers who are looking for the kind of property you are selling and shall agree to pay the price.

Easy home showing

It may not always be possible for you to stay back to show potential buyers your home. Handing over your keys to a realtor may be useful as he can show the property whenever a buyer wants to see it without you being there. However, you must remove all personal belongings from the flat before submitting the keys to a realtor.

Negotiations with buyers

Having been in the market for long, realtors know how to negotiate with a homebuyer in order to make a quick sale with a sizeable margin. Home sellers are not always fine-tuned with the nuances of the real estate market which can lead to unforeseen losses. For example, for your luxury projects in Golf Course Road, Gurgaon, you may ask for a certain price which buyers are always trying to undercut. A realtor would know what to say to attract buyers at a price that you have asked for and retain his margin as well.

Carrying out paperwork

Noted realty developers usually have a legal team in place which handles the paperwork when a transaction is carried out. They are well-versed with the laws of handling sales of units in luxury projects in Gurgaon as well as penthouses in Pune. You can leave it to them to change the registration name, pay stamp duty and handle the taxes on your behalf.

Hiring a realtor can make selling real estate easy. However, make sure you hire someone credible, as several realtors simply hold on to units in ready to move in and upcoming properties in Bangalore or other Indian cities in order to fetch a good price. That could erode the value of your home and fetch a lower price.

 




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