First impressions 2016 | Page 24

Many buyers will not even consider buying directly from the owner as they want an arms-length transaction. This allows them to be clear and transparent with the agent. Conversely, some who do consider buying through the owner directly, do so in order to obtain a discounted bargain, resulting in a lower end final result. Your supportive agent will also provide feedback from all buyer inspections as well as market intelligence with properties that sell during your time property is for sale, plus new properties that become available creating additional competition for your home. Of course, the consideration of the commission payable, which can be tens of thousands of dollars, is paramount. With the skills and strategy the agent has at their disposal, it is quite common that they will negotiate an increase in price greater than their commission, meaning that the final payment in the owners pocket is higher than if they sold without commission. Their specific knowledge of the local property market provides them with the foundation to attract a higher number and quality of buyers to the viewings.