Have you ever thought of selling your own house? On the surface it sounds like a great way
to save a few bucks since you don’t have to pay an agent. BUT, what does this cost in the long
EXPOSURE!!- The MLS
allows agents to advertise your home to thousands of agents in the area. The more agents who can see the MLS
listing, the more potential buyers you are reaching which equals a quicker sale
and possibly even multiple offers.
Since Owners don’t have access to the MLS, they usually only have a
small audience in which they advertise the sale of their home (friends, family,
neighbors). There are some services out
there that will advertise online for you, but also at a fee. KNOWLEDGE- REALTORS
know the ins and outs of buying and selling real estate. They have up to date information about the
current market. They sell houses for a
living and stay current on all the rules and regulations associated with
accomplishing this. They are trained
and kept up to date on paperwork so they do not run into legal binds. Agents LOVE to negotiate for you! Having to agents as a buffer between the
buyer and seller is ideal. Owners usually do not have extensive knowledge
of real estate transactions. Most owners
will overprice their house because of the emotional attachment to the property.
Paperwork can be extremely
complicated and most people do not understand how to complete them. Completing the paperwork wrong can lead to
legal trouble!!! Owners often lack
negotiation skills, which lead them to either not sell the house or to accept
far less than they intended. Many buyers
are intimidated by dealing directly with the owner and will often times walk
away. The median For Sale By Owner
house sells for 15% less than those sold by an agent. That is more than what you would have paid
an agent! TIME- Agents are
hired to do the leg work for you!
Selling a house takes work and an agent leads you through every
step. Since so many agents have access
to your house information, it is possible to have a steady stream of
viewings. Agents are able to help you
keep up with this. Without an agent,
you are doing this ALL yourself.
Owners who are showing their own house can easily be overwhelmed with
scheduling showings, juggling appointments dealing with the house, and going
about their normal lives. BOTTOM LINE- The cost of hiring an agent is worth it! Selling a house is WORK. Leave it to the experts!
Author:Leslie Fogle Phone: 214-364-5888 Dated: August 29th 2014 Views: 1,052 About Leslie: I was born and raised in the Central Valley of California. I attended California State University, S...