Is it more financially wise to spend money on a real estate commission or should you save the money by selling your home by yourself instead? The Silicon Valley market is hot, which can make it difficult to navigate your way solo through a successful sale of your home. Below we discuss the importance of a professional’s guidance through the challenges you may face in the local real estate market.
The housing market is ever changing and grows more challenging with each day. Here are a few reasons why you need to heavily consider teaming up with a real estate professional to sell your Silicon Valley estate.
Negotiation is Crucial
Buyers in today’s market have ample amounts of houses to choose from. Because of this, buyers are in a great position to negotiate. Unless you are trained to negotiate contracts yourself, hiring a professional will work greatly to your advantage.
Pricing is Tough
Overpricing is a real problem in today’s market. If your home is priced too high, it will cost you time, effort and energy. Time costs you money. By hiring a professional agent, you can rest assured that your property is adequately priced in the current Silicon Valley real estate market.
Unqualified buyers waste time and money for everyone involved in the deal. Lending standards are much stricter today as a result of the housing market collapse a few years ago. Rules are ever changing – including a recent overhaul of FHA guidelines. A real estate expert can help to make sure any prospective buyers are qualified.
Selling a home requires a lot of time. Some individuals find that it can quickly turn into a full time job. There is a lot of information to soak up, you must take time to handle details and dates for closings, there can be challenges regarding your appraisal and re-negotiating can be a nightmare. These are great tasks to delegate to an agent so you can spend your time focusing on what matters most in your life – like your work and your family.