The internet has made it easier to sell a house but the greatest majority of people still use some type of real estate agent. Selling house in Scottsdale AZ can be accomplished by an independent agent or one who works for a real estate broker who actually enters into an agreement to act on behalf of the seller. Many top real estate agents get all of the commission and then pay a fee back to the broker while agents with less experience will traditionally get about 40% of the commission.
Hiring a real estate agent can be helpful, a few reasons are:
- Experience and education: Most agents are licensed and they know the complexities of a real estate transaction.
- Time saving: As the owner, you will not have to take time to schedule appointments and show the house to prospective buyers.
- The market: Good real estate agents know the market and they can help you in getting the most for your house in less than exciting times.
- Negotiation: Real estate agents are skilled negotiators and can help get the best price.
- Contacts: The agent that you hire will have many professional contacts with contractors, inspectors, etc and can help with any deficiencies found in the property.
- Sale price: For those people who do not use an agent, the potential buyer will offer a lower price knowing that a commission is not involved.
A key tool when Selling Home In Scottsdale AZ is the MLS, Multiple Listing Service. Approximately 90% of all the homes for sale in the country are listed with MLS and the service can be accessed on-line for free. This allows your home to be advertised across the country rather than just locally.
There are drawbacks to using a real estate agent, the biggest is the cost. The average commission on the sale of a house is between five and six percent. In a depressed market it is difficult to get the agent to reduce his commission. There is also the element of trust; you are giving up your most valuable possession to a stranger to work on your behalf, but this trust is all part of the process when selling house Scottsdale AZ.