Reasons to Use A Real Estate Agent12/06/2017If you’re extra budget conscious, you might be thinking about selling your home on your own. Before you make a final decision on whether you will use a real estate agent or not – you should consider a few things first.COMMISSION COSTSWhen you crunch the numbers, remember that you can always save money by not using a real estate agent on your end – but if a buyer comes in with an agent – you will be obligated to pay their commission. So, for instance a typical agent will require a 3% commission – so if you don’t use an agent, but your buyers have an agent, you would save 3% or 6% if they don’t have an agent. So, when you’re considering the cost of using a listing agent – keep in mind that (conservatively) it will be about 3% of the total purchase price.YOUR TIME COMES AT A PRICEFundamentally, you could probably FSBO easily in a seller’s market in the summer – when the conditions are perfect, without much effort. But, like most situations – there are usually challenges to overcome. Not to mention, if you work full-time – you have to be realistic about how much time selling your home could take away from your work or family. Marketing and showing your home alone are huge time-sucks, which can be avoided for a 3-6% commission. Do the math and figure out what your time is worth – then calculate how many hours you might need to put against selling your home in order to justify the use of an agent.OTHER COSTS WHEN FSBOIf you decide to go the FSBO route, take into account the extra things you might have to pay for:MLS listing feesProfessional pictures or video of your homeHome sale and open house signsLawyer fees to review contractsTime off for home showingsStaging adviceStorage fees (for staging)Home buying agent commission feesExtra incentives for buying agentsAGENTS HAVE CONNECTIONSIf you live in a small or big town – agents talk. This is one of the benefits of using an agent – they will use all of their networks, referral groups, Web tools and connections in order to market your home. Agents have access to the MLS, which is the number one home sale site. They also have connections with ancillary service providers that could market your home better including – photographers, home stagers, storage providers, etc.If you’ve recently sold your home with an agent, we would love to hear about your experience.And, if you decide you’re ready to buy a home we a SIRVA Mortgage associate on standby ready to answer any questions that you might have about your next adventure – just call 800-531-3837.