Why Would I Want To Sell My House By Myself? | ||
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The Short Answer - "To Save The Commission"
But, I Can Use A Discount Broker!
Sure, you can use one of the discount brokerage systems that have become so popular. The advances in the internet are allowing sellers to increasingly buy real estate services on an "a la carte" basis where you can pick and choose the real estate services you would like to use. It is up to you to analyze the benefits and shortcomings of each type of real estate service offered.
These "For Sale By Owner" real estate services all have one thing in common, you select and pay for options from a menu of available services. They range from 100% "For Sale By Owner" systems where you, the owner, are responsible for pricing, marketing, contract forms, signage, showing the property and negotiating the sale on one end to "For Sale By Owner" online real estate sites, flat fee services where typically you are paying to have your house listed on the local multiple listing service and "For Sale By Owner" discount brokerages where you choose, and pay for, the level of service you want but show and negotiate the sale of your house yourself. Remember you typically get what you pay for. Tell Me More.
However, you should look at the whole picture to see if you are actually better off trying to sell your house yourself. Consider these factors:
Current Market Conditions: We are currently in a "buyers" market where more houses are coming on the market than buyers. The U.S. housing market is in the worst downturn since the Great Depression. Wouldn't you want to maximize your chances of finding a buyer for your house?
Marketing: Exposure to the maximum number of buyers is critical to getting your house sold in today's market and that takes time and costs money. Do you have the time and money to implement the necessary marketing to find a buyer for your house?
Remember: You are probably selling the most expensive investment you own. Wouldn't you want to maximize your return on investment? Don't you want to sell your house in the shortest possible time for the most amount of money?
Benefits of using professional real estate broker: A reputable, experienced real estate broker provides an established marketing system and continually networks with other agents. They have a support team of escrow officers, title companies, lender and inspectors available and work with you as a team to get your house sold. Shouldn't you have a professional working for you?
The Bottom Line? The days of placing a "For Sale" sign in the yard and selling your house are over. Now more than ever the services provided by experienced real estate professionals are an essential part of selling real estate. When selling real estate, time is money and it pays in time and money to go with the professionals. Do you want to sell your house? Call us to be your real estate professionals.
Next Home Selling Article: Do I Really "Save The Commission?" (FSBO)
