Tuesday, 14 January 2014

Should I sell my home by myself or get a Real Estate Agent to sell it?

The decision to sell your home is a big one but how should you sell it? Some are now deciding to sell their home by themselves.

There are some pitfalls to consider in selling your own home:
What price are you going to ask?
Will it be under priced and you won't get the maximum value you deserve?
Will it be overpriced and no one comes to view it, let alone making an offer.
Do you have any negotiation skills?
How will you know if the buyer is even qualified to get the funds needed to purchase your home?

Underpricing or overpricing your home is good reason to hire a real estate agent who is familiar with the current housing market in your area. If your home is overpriced, no one will make an offer; if it is priced too low, you will lose out financially and defeat the purpose of selling your own home in the first place.
A real estate agent is also knowledgeable about additional costs associated with selling a home that you might not be aware of, such as taxes, transfer fees, notary and attorney fees marketing and advertising costs.

Yes, saving the commission that you pay a realtor is certainly tempting but not all homeowners are up to the challenge of selling their own home.

Real estate agents are also adept at negotiating the sale as well as guiding a seller through the entire sale process and what it entails, such as home inspections or repairs that need to be taken care of before the home goes on the market. While in most cases a real estate agent is not an attorney, they have a general understanding of the legal paperwork involved.


If you're determined to sell your own home, please do, but now I hope you have a better understanding of what's involved, maybe you might just decide to hire a real estate agent and save yourself the possible challenges and aggravations. you could face.

1 comment:

  1. I must say this post was positively useful and holds handy information for watchers of home/property. These individuals appear to be truly intrigued in making sure we are content. This great mentality is such a nice change in this insane real estate market!
    Luxury Arizona Real Estate

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