Realtors Have Higher Success Level When Selling Homes

March 3, 2011 | By Staff Writer

With the current real estate marketgenerally favoring buyers over sellers, a new report shows that those who use a Realtor to sell their home have a better success rate than those who attempt to sell on their own.

According to a survey by HomeGain.com, 59 percent of those who used a Realtor to sell their home were successful, compared to just 39 percent who did not, representing roughly a 50 percent improvement.

"It is especially striking that homeowners fare significantly better in selling their homes using a Realtor than selling on their own," said Louis Cammarosano, general manager of HomeGain. "The level of satisfaction in the home selling process is also higher for home sellers utilizing the services of a Realtor than those who try to sell their homes on their own."

Many people who originally ventured out on their own didn't have success. The survey found that 24 percent of people who tried to sell on their own eventually started working with a Realtor.

The housing market has continued to pick up steam in recent months. According to the National Association of Realtors, sales of existing propertiesincreased for the third straight month in January.


 

A qualified, competent real estate agent will help you navigate the myriad of decisions that arise when buying and selling a home. An agent provides value to the homeowner in many ways: 

• Pays for all marketing and advertising costs.
• Adds experience and expertise in all aspects of the sales process including marketing, financing, negotiations and more. 
• Handles all showings.
• Brings a network of known, trusted real estate professionals. If your agent doesn't have the answer, he or she likely knows someone who does.
• Always has your interests in mind so you always have someone on your side.
• Can handle and advise on all price and contract negotiations.
• Provides you with all the possible options and opportunities without holding back.
• Gives an unbiased, realistic view of your home and your options. Unlike buyers and sellers, an agent has no emotional attachment to property.
• Has the knowledge to help you ask the right questions.
• Being a third party, potential buyers are more likely to tell your agent the truth about your home, even if it is unflattering. This objective viewpoint will help you make the necessary changes to get your home sold.
• Your time is valuable. A real estate agent allows you to spend your time how you want.