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Real estate plays a greater role as far as buying and selling a home is concerned. However, it has been realized that selling or buying a home without involving these agents can be of greater advantage altogether. Below are the benefits realized from direct home buying and selling without involving the real estate agents.
You have the opportunity to directly negotiate the appropriate buying and selling price for the home. You are therefore positioned to whether you agree to buy it or reject the deal altogether. It makes you have full information concerning the transaction process, so you don’t need to be told by the agent about it. Your speed of buying a home is also increased since the agents who tend to delay with many clients are not involved. Direct negotiations help the buyer and have total control of the transaction process so in case of any inconveniences, they have themselves to blame. This helps them enter an agreement with a lot of care.
This enables the owner of the home to sell home without much pressure. Agents are always forced to oblige to business rules. They are in most occasions forced to advertise homes for sale irrespective of how busy they could be. Unlike real estate agents, home owner works under nobody’s schedule and therefore can look for a market for his home anytime they want. This also give him enough time to look for the appropriate buyer. This makes him sell the home at an appropriate price.
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Lack of involvement of the agent provides the home owner the opportunity to sell the home at a higher price. Agents always get a commission for the number of houses they can sell. It is always upon the homeowners to pay them this commission. Agent fee paid to them is always part of the profit realized from selling the home. The home owner does pay any commission, so he gets all the profit after selling the home.
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The home owner can decide to sell his home at a fairly reduced price to attract quick buyers. Since most home sellers were once buyers, they are aware of what is need to be done to sell a home faster. The home owner may decide to calculate the agent fee he would have paid him thereafter subtract it from the profit he is set to release, thereafter set his selling price bit higher while making sure that the price is still affordable to the buyer. This is necessary since the home owner must appreciate selling his home minus agent.