Is It Worth Using A Real Estate Agent?

Is it worth it to use a real estate agent?

Agent can give a professional opinion of how much a home is worth.

But the agent has an incentive to inflate the price, because the more you pay for the house, the bigger commission they make.

With no agent the seller won’t have to pay that commission, so you might be able to negotiate a lower price with the seller.

Is it better to sell your house with a realtor?

“Selling your home yourself will save you money because you don’t have to pay a Realtor,” FSBO advocates will say. Not only that, a FSBO seller won’t escape all of the realtor fees. A buyer’s agent will most likely ask for a 3% commission from the home sale for their services to the buyer.

How much do most Realtors make?

According to the Bureau of Labor Statistics, the average real estate agent earns $45,990 each year, but the range in income is massive. One-tenth of real estate agents earned less than $23,000, and 10% earned more than $110,000.

Is there a demand for real estate agents?

Real Estate Brokers and Sales Agents. Employment of real estate brokers and sales agents is projected to grow 7 percent from 2018 to 2028, faster than the average for all occupations. Therefore, their entry into the housing market should increase demand for real estate agents and brokers.