Tuesday, March 18, 2008

Costs of Using a REALTOR® in Your Transaction

The National Association of REALTORS® (NAR) says its $31,800. Because some NAR stats come out every two years, I suspect there will be an update on this information soon, but at last report the NAR cites that the average seller who uses a real estate professional makes 16 percent more on the sale of their home than do sellers who go it alone.

The truth is real estate professionals do a lot more for a seller than just make a transaction go easier. I could write a book on the things we do as professionals to help both sellers and buyers. In fact many already have. There are many details and specific things that we do to help a family with a home, but normally the varied things we do fall into broader concepts such as saving time, reducing stress, making more money and reducing risk of liability and litigation.

When it comes to how much more money a real estate professional gets for selling a house, I don’t know for sure how much more that is here in the Round Rock real estate market. Sometimes it is a lot more, and I will be specific about that with examples in two of the three articles to follow.

There are times too, when we get only a little more than an owner could, and also times we suspect when we probably get about the same. What we are saying here is there is no way one can prove, or disprove on average how much more, or less, we get for a sale than what the NAR reports. In all cases though, we do save stress, time and substantially limit risk, all of which have huge value.

Here is an article from the NAR about this, and because it was presented in a public forum, there is naturally much debate, all of which is found in comments that follow the article. I thought it would be interesting and helpful to you to read the discussion in its entirety. It is a most interesting read.

When looking for Round Rock or Georgetown investment or personal real estate, check out our websites at: http://www.TheHBHGroup.biz/ and http://www.TheHBHGroup.com/ or contact us at our office phone (512) 439-3772 or toll-free (877) 268-1877.

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