Homeownership is a primary source of wealth in America, with homeowners gaining an average of $204,000 in housing wealth from 2014 to 2024. To capitalize on this wealth when selling, it's critical to hire a competent real estate agent. Many Americans make the mistake of choosing an agent hastily, based on personal ties rather than performance. This can lead to undervaluing their homes and ultimately losing thousands of dollars. Therefore, comparing potential agents and conducting interviews can uncover better market strategies and pricing to maximize profit during sale transactions.
Hiring the wrong real estate agent can cost you thousands by undervaluing your home or opting for quick sales instead of maximizing profit.
Often, Americans choose agents based on personal recommendation rather than thorough vetting, risking significant losses in the selling process.
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