The FSBO Smarts For Sale By Owner Podcast

70: When to Use a Real Estate Agent: Key Benefits and Considerations

β€’ Steve Klein β€’ Season 6 β€’ Episode 10

Description:
In episode 70 of the FSBO Smarts Podcast, host Steve Klein explores when it might be advantageous to use a real estate agent for selling your home. While the For Sale By Owner (FSBO) approach has its merits, there are situations where professional assistance can be helpful and necessary.

Steve begins by clarifying the roles and differences between real estate agents and realtors, emphasizing their expertise and adherence to higher standards. He then discusses the various benefits of hiring a real estate agent, such as their marketing expertise, extensive network, negotiation skills, and handling of legal paperwork.

Key Topics Covered:

Benefits of Using a Real Estate Agent:

  • knowledge of local market trends and pricing strategies.
  • Access to a broad network of potential buyers.
  • Expertise in negotiation.
  • Handling the paperwork and ensuring escrow is opened.

Steve's FSBO course covers many benefits and can be done on your own, but Steve emphasizes that there are times you may need to consider using a real estate agent in certain situations, even for DIY sellers. 


When to Consider Using an Agent:

  • If your home has been on the market for a while without success.
  • If you have limited time or other pressing commitments.
  • If you lack confidence or experience in managing the sales process.


Steve shares real-life examples, including a friend's successful sale with a real estate agent and the contrasting experience of another who opted for the FSBO route. He also provides practical tips for interviewing and selecting the right agent, such as evaluating their experience, marketing strategies, communication style, and fee structure.

Also a Q&A Session with Steve regarding For Sale By Owner (FSBO). 

Questions Addressed:

  1. Can you negotiate a commission rate with a real estate agent?
  2. How long does it typically take to sell a home with an agent?
  3. What to do if you're unhappy with your real estate agent?


Steve concludes by reiterating the importance of weighing your options based on your specific circumstances and comfort level with the selling process. Whether you choose to go FSBO or hire an agent, this episode offers valuable insights to help you make an informed decision.

Tune in to learn more about when to use a real estate agent and how to navigate the home selling process effectively. Don't forget to subscribe to the Fizbo Smarts Podcast and leave a review on Spotify or Apple Podcasts. Join us next time for more expert tips and real estate insights. Happy selling!



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