Listing vs Selling Agent: Which is Right for You?
If you’re in the market to buy or sell a home, chances are you’ve heard of listing and selling agents. What’s the difference between the two? Listing Vs Selling Agent. Let’s find out! Amber Dollarhite Real Estate has everything to tell you.
What is the Difference Between Listing Vs Selling Agent?
There are two leading real estate agents in Charleston, SC: listing and selling agents. Each agent has a very different role in home sales, so you must understand which one you will be working with when buying or selling your home. The following section will help clarify what each type of agent does during a typical transaction.
A listing agent works on behalf of a seller. It means that they will be working to help you sell your home and will be paid by you, not by buyers who may purchase your home. If you’re selling your home, it’s important to remember that an agent cannot list a property without permission from its owner, so if you are considering trading in Charleston, SC, make sure that you choose an experienced real estate professional who can help guide you through each step of the process—including choosing between listing and selling agents.
What are they Supposed to Do For Me as a Home Seller?
A listing agent will help you market your home and get it in front of potential buyers. The seller’s agent usually receives a percentage of that listing fee, whether or not your home sells. In addition to marketing efforts, like getting your house on multiple real estate websites, a listing agent will also work with agents. Who specialize in buyer representation and make recommendations on how to price and market your home.
What can they do better than I can do on my own?
The main job of a listing agent is to get your house sold. They’ll list it on the MLS, advertise it in local newspapers and online, post for sale signs in your yard, and find qualified buyers. An excellent real estate agent will be able to get more eyes on your home by actively marketing it through these channels. In addition, they’ll negotiate on your behalf with potential buyers. They aim to sell your house at a price you can accept while ensuring that both parties are happy with the deal. Once an offer has been accepted, they’ll help you navigate all the paperwork involved in selling a home so that you don’t have to worry about it.
How much does I (the seller) cost to use a Realtor® as my representative?
Realtors® get paid by their client (the seller). If a Realtor® sells your home, they take their percentage from your sales price. Realtors® must be licensed to sell real estate. Which adds another layer of complexity to how much you will pay if you use one as your representative. The cost associated with being represented by a Realtor® can vary depending on where you live. For example, it costs more to hire a Realtor® in New York City than in Charleston, SC. For example, if you’re selling your home and have never used an agent before. And don’t want to spend money on an agent’s commission fee. Consider hiring a non-licensed agent who charges less or works for free.
What about Buyer’s Agents. Should I Use One Too?
There are several reasons why you might enlist a buyer’s agent. Perhaps your time is valuable, or you want to explore as many options as possible before making a purchase.
However, unless you’re planning on putting in an offer within two weeks of receiving your home report and survey, it’s unlikely that using both a seller’s agent and buyer’s agent will be worth your while.