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Sohail is a Founding Member of International Luxury Society and Sohail is now a International Real Estate Specialist, aka IRES. Having said this, we can better position the marketing of the properties those are listed with Sohail of Keller Williams Real Estate. A service owners/builders dreamed of is now available with Team Sohail. Please contact us should you need more information on this. He Cares, He Listens, He Gets Results!

Monday, April 7, 2014

Do really need an agent?


-->Do you really need an agent for your property to be sold? Excellent question. 
Most sellers nowadays are faced with a dilemma of whether or not entrust their properties to someone just for the purpose of striking a better deal. Is it really just a question of TRUST and CONFIDENCE? Are there perks that goes with having someone doing the “legwork” for you, is it just a status quo or you’re just too idle to do it? 

Having an agent to transact for your property is really a breeze. All you have to do is sit back and wait for the result and voila! After a while, you’ll be informed that transaction was completed and that the property is now reduced to either a thick bundle of green bills or a single rectangular paper with a bank name, routing number, account number and the amount! WRONG!

Entrusting your property with Real Estate agents is like putting eggs in an incubator: You can be assured it’ll be taken cared of but nothing really happens until you, yourself, will see the process of incubation through. But it will not be as effective without the incubator either. Doing it on your own will still take time and, without professional help, failure is certain and inevitable!

Real Estate, more than anything, is all about risks and chances. For a certain percentage, real estate agents can take care of your property for you but unless it is a legitimate broker you are dealing with and not some fly-by-night outfit, you can be assured that you’ll get positive results in a week or two. But not all results are that “positive” or have that positive turnout. The pricing, location, and status of the property including the efficiency and affectivity of the broker/agent are factors that dictate how fast (or slow) a property will hit the market.

Deciding to go for DIY (do-it-yourself) route of selling on the other hand, posts a different challenge. The utilization of service posts “for sale by owner” listings on a range of sites for a flat fee of $199 for six months is indeed savings but only a handful would take a chance knowing that an established broker backed-up property is much reliable and secured than former. But usually, for a market where the inventory of properties is limited, owners are empowered to do it themselves hoping to save half or all of the commission due for a middleman.

Although selling your property without the middleman is a big advantage, it’s the same as representing yourself in court. Are you knowledgeable enough of the terms, the trends and the proper pricing that will not put your property on the disadvantage? For sure, those are just the few concerns that you should focus on prior to doing Gung-ho with the property dealings!

“You can’t just sign a paper and sign over your house. There are so many levels. Home deals are big financial transactions,” says Michael Corbett, a real estate author and host of NBC’s “Extra’s Mansions and Millionaires. “There’s a lot of negotiating going on…and each one of those negotiations has to be handled professionally and non-emotionally and it’s very hard to represent yourself.”

So, do you really need an agent for your property to be sold? Excellent question. At the end of the day,it will still be you who will decide. Do it soundly, do it wisely…would you pay less for your treasure?

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