Sell your home in Phuket for more now?

Are you looking to sell your home in Phuket? If so, read on to find out how an experienced Real Estate Agent, like Atlas Realty Thailand, could help you fetch a better price than selling by yourself.

Recent studies have shown that 92%. of buyers search online for a home and that for sale by owners (FSBO) fetched about 30% less for their owners than agent-listed properties.

We have five reasons why using an experienced agent will get you more profit than if you sold your property on your own.

It Is All About The Money

Consider this if you’re contemplating going “FSBO” when listing your home, and we know you want to get as much for their home as possible, and you might think that means not parting with extra commissions.

A 2017 study indicated that FSBOs fetched about 30% less for their owners than agent-listed properties.

If you are a buyer, why not use an agent? After all, the seller pays the agent commission, not you, and if the seller refuses to pay the commission, there are always other properties on the market with willing sellers.

With a listing agent, the buying agent’s commission is usually factored into the deal.

Experienced listing agents know their commission is linked to the price the buyer pays for a home; therefore, they will fight for the best price they can get for your home.

There Are Too Many People to Negotiate With

Here is a list of some people you must be prepared to negotiate with if you decide to FSBO.

• The buyer and buyer agent both want the best deal possible
• The buyer’s lawyer
• Home inspection companies almost always find problems with the house and work for buyers.
• The appraiser, if there is a question of value.

Even if only from experience, your agent should know how to negotiate well. Many have proven techniques. Their decisions are not influenced by emotional factors that could cloud their judgment.

Exposure to Prospective Purchasers

Recent studies have shown that 92% of buyers search online for a home and use an agent. That is in comparison to only 28% looking at print newspaper ads, using yard signs, asking friends or neighbours, and FSBO.

Today, a robust online strategy is critical when selling your home.

A sign and a newspaper ad are no longer sufficient for selling your house.

Your agents should present you with an online marketing strategy as part of the Comparative Market Analysis (CMA) they present at a listing presentation. Do you?

FSBO is More complicated than It Once Was.
Some of the reasons that the number of FSBOs has dropped from 19% to 9 % over the last 20 years is:

• Qualifying buyers and agents.
• Building marketing strategies.
• Negotiating with buyers, banks, and appraisers.

Staying up to date with industry disclosures and regulations are just a few reasons that the percentage of FSBO has dropped from 19% to 9% over the last 20 years.

Bottom Line

Henry Ford said that he did not need to know everything about everything, but he did need to know how to find and hire people who knew the things he didn’t know so that they could help him focus on building his empire.

The trick to success is knowing when you need help and where to find the right people to help you.

See what a real estate professional can do for you before you decide to sell your home on your own.