Real Estate Agent Kansas City Ed Rippee Is The Professional To Hire When Selling Or Buying A Home9/10/2019
Real estate agent Kansas City Ed Rippee is a professional, knowledgeable agent in the Kansas City area, ready to help you with buying or selling your home. Ed has more than 19 years of experience in the real estate business. When you need a real estate agent Kansas City, Ed Rippee is the agent you want to hire.
There are many benefits and reasons why you should use a real estate agent. They include:
Getting into the MLS Is a Goldmine for Sellers
The multiple listing service is the holy grail of home listings. Once in the MLS, a home is sent out to dozens upon dozens of online sites and into buyer agents’ hands, so your home always has a steady influx of foot traffic in showings and open houses.
You must be a licensed realtor in the state to list a home in the MLS. So, when you list as for sale by owner, or FSBO, you’ll have to shell out a flat fee or commission to a broker to have access. The fee already cuts into your cash flow from not using a realtor. This probably explains why, according to the 2015 National Association of Realtors Profile of Home Buyers and Sellers, only 10% of the MLS website is made up of FSBO homes.
Agents, Quite Literally, Are Forced to Put You First
A realtor has a fiduciary duty to the client, and so it’s crazy not to use an agent because you end up making back that money you think you’d save all the time. Real estate agent Kansas City Ed Rippee always puts you first and helps you through all the steps during buying or selling a home.
Your Saved Commission Money Won’t All Go to the Bank, Either
Agents are generally paid in a split commission deal: The sellers pay typically 5 to 7% of the selling price as commission to the listing agent, and the listing agent splits the money with the buyer’s’ agent. For a $250,000 home, the commission can, at the high end, be $17,500.
Don’t put all that money in the bank just yet, though.
Stats already show that the typical agent-assisted listing sold for $39,000 more than a FSBO, but FSBO who look to skip commission forget about paying the buying agent.
A buyer’s agent is never going to make your listing a number one priority if you don’t offer that agent a commission. Typically, the listing agent will split the commission earnings with the buyer’s agent. To put your FSBO home on buyers’ radar, offer their half of the commission.
Overall, on a $210,000 house, which is the FSBO selling average, a seller who thinks they can pocket a $12,000 commission, really only ends up saving $6,300, or 3%.
You Never Want to Be an Amateur at the Negotiating Table
Who would have the upper hand in a tough offer negotiation: a licensed, professional, experienced buyer’s agent like real estate agent Kansas City Ed Rippee, who has done this dozens upon dozens of times in their career, or a home-selling newbie who has an emotional attachment to the home?.
Marketing Is a Whole Different Ballgame Than Listing
You won’t sell a home by merely listing it on websites and waiting for offers to come flooding in. They won’t. That’s where marketing comes in.
Marketing is about getting exposure in the best places with the best angles. Real estate agent Kansas City Ed Rippee knows what listings buyers will be attracted to, gets the listing on the best websites, recognizes and highlights a home’s stand-out qualities, positions home showings in the best light, and networks regularly about the house.
For more information about real estate agent Kansas City, call Ed Rippee RE/MAX Results Kansas City at at (816) 213-9362.