When the time comes to sell your home in Boston, it may seem attractive to save having to pay an agent a commission and just sell your property on your own. Agent fees can seem dauntingly large. But selling an asset as significant as a home requires more than just simple advertising. As Boston real estate agents, it’s our job to simplify the process, keep the transaction compliant with laws, and help you get top dollar for your property.
Do you need an agent to list your property in the Boston Market? Absolutely, and here’s why.
Regulatory Requirements
Agents understand the regulatory requirements that must be followed in a real estate transaction. Engaging a real estate agent will help you avoid exposure to legal risks. We ensure that all the legal paperwork and disclosures in a property sale are completed accurately. There can be severe consequences for not following legal requirements, including being held liable for fraud, negligence, or breach of contract.
Pricing
While you may think you know how much your Boston home is worth, it’s easy to miss price your asset, leading to either a stale listing or money left on the table. An experienced real estate agent will understand the market environment and be able to price your asset effectively. A property’s listing price is a major component of its marketing strategy, which an agent will advise on.
Access to the Agent Networks
Owners can list their property on major web portals like Zillow and Redfin, and they can even list on the multiple listing service (MLS), but none of these services compare to agent networking. In a strong seller’s market, agents will have relationships that will help bring the largest buyer pool to your property, hopefully leading to a multiple offer scenario.
Negotiations
Experienced real estate agents will know how to navigate a multiple offer situation and negotiate the best price and terms for their clients. However, if you choose to forgo an agent, you'll have to handle the emotional process of negotiating offers on your own, handling rejection, and possibly making costly mistakes. Great real estate agents are excellent negotiators; this is our moment to shine.
Inspections
Once a property is under contract, contingencies will likely have to be cleared before the sale can close, involving inspections and a valuation. Agents know how to work with appraisers and home inspectors and will manage this process seamlessly.
The Boston real estate market is experiencing upwards growth. We have been in the middle of a sizzling hot seller’s market with prices changing quickly, but inventory is steadily increasing, and buyers are starting to gain more bargaining power. To ensure you get the most for your property, it is essential to engage an experienced real estate agent.
If you're considering selling your property in Boston, I'd love to discuss your selling strategy and provide you with a complimentary price estimate. Unfortunately, with interest rates increasing quickly, there is no saying how long this market will last. Contact Remmes & Company today or visit our seller's page for more information.