Monday, January 28, 2019

Should You Work With a Real Estate Professional to Buy or Sell Your Home?

Are you looking to buy or sell your home this year? You may want to consider calling a real estate sales professional to help you. Don’t believe us? Take a look at the latest statistics from the National Association of Realtors (NAR) Profile of Home Buyers and Sellers for 2018.

More Buyers and Sellers are Using a Real Estate Professional
In 2018, 87% of home buyers purchased their home through a real estate agent or broker. A whopping 91% of home sellers utilized a real estate professional to sell their home. That means a large majority of people buying or selling their homes are using a real estate professional to get into their dream home or sell their homes. In fact, 90% of buyers and 85% of sellers would definitely or probably use their real estate sales professional for future services.

For Buyers...
The number one reason buyers said they used a real estate professional is that they wanted an agent to help them find the right home. Your real estate sales professional has the resources and the training to help narrow your search for the perfect home. They have knowledge of the neighborhoods you are interested in and can help guide you to a great home that fits your wants and needs along with your budget.

For Sellers...
Only 7% of sellers chose to sell their home on their own (FSBO). This is the lowest number of FSBO since the NAR began their report in 1981! One of the reasons for the decline in FSBO homes is they typically sell for less money than those listed by a real estate professional. In fact, FSBO in 2018 sold at a median of $200,000, a staggering $64,900 lower than the median price of those sold through a real estate professional. Real estate sales professionals have resources and tools to market your home and accurately price your home so that you can get the best price for your home.

A real estate professional can change your entire home buying and/or selling experience. To make sure you have the best home buying or selling experience possible, reach out to a HUNT Real Estate sales professional. Our organization provides services that make buying, selling, financing, insuring, maintaining and simply owning a home an easier and more satisfying experience.