If you can sell your own home you’ll save on paying a realtor a commission. Totally worth the savings and you’ll come out making more on your home, right? Something to think about… Is the increased exposure on listing with an agent outweighing the percentage of commission charged? Here a some things to take into consideration when trying to decide whether or not to go it alone and sell your home on your own or if you should hire a professional.
You may offer a buyer’s side commission, but many buyers’ agents may not want to show your property to their clients. We know that there isn’t a professional on the other side of the transaction which can cause problems for everyone involved in the sale.
Real Estate is not your full-time job. There’s more to it than meets the eye… answering calls, emails and texts. Scheduling showings and verifying whether buyers are pre-approved so that your not wasting your time or letting some stranger into your house who could be up to more than “buying a house”. Not to mention a professional to guide you through the proper disclosures to protect you in the sale of your home so you don’t run the risk of getting sued later on.
FSBO’s have a much harder time keeping their emotions out of the transaction, which can kill a sale quickly when showing your own home.
Agents have a much more in-depth marketing plan than you will. And we talk to other agents every day which in turn leads to more buyers for your property. 90% of homebuyers are working with an agent when looking for a home.
Let’s be real, negotiations suck! Especially when selling your own home. On one hand you might be afraid another buyer won’t come along so you’ll sell your home for too low of a price. Or you’ll set your expectations too high because of your attachment to your home and have a stale listing sitting on the market.
When hiring a realtor interview a few - We are in the business of working for you. Any one of us can take a listing, put your home or land on the MLS, and stick a sign up. Find out what multiple realtors will be doing to market your home. Old-school real estate is so yesterday. Get the best bang for your buck!