As a homeowner looking to sell their house, you have three goals to accomplish. Sell at the best possible price, make the process as painless as possible, and sell the home within the least amount of time. A real estate agent can help you achieve that.
Impact of the Internet
Did you know buyers nowadays use the internet first when searching for their dream home, which translates to about 95% of home buyers? That is according to the National Association of Realtors’ latest Home Buyers & Sellers Profile. Since 1995, the Profile of Home Buyers and Sellers has been collecting data on internet use in home searching when only two percent of home buyers are using the internet.
This does not guarantee, however, that buyers who found the home online will buy directly from the seller. Data revealed that only 2% of this type of home buyers went directly to the seller to purchase their home. 95% of buyers who searched the internet asked for the help of a real estate agent.
Agents help home buyers who search online: find the home they ultimately buy, and negotiate the terms of sale and price. They also understand the whole home-buying process.
The figures from the Profile of Home Buyers & Sellers report underscore the impact and role that real estate agents play in the home buying process amidst the growing popularity of the internet as a source of information.
The housing market benefits greatly from the internet as it creates a convenient way for buyers and sellers to meet. However, as recent data show, buyers and sellers recognize the value of real estate agents. They need them to have a smoother and less stressful real estate transaction.