The Pitfalls Of Selling Your Home Alone

The Pitfalls Of Selling Your Home Alone



The Pitfalls of​ Selling Your Home Alone
Many homeowners think that selling home alone without the​ help of​ a​ Realtor will help simplify the​ process and will save them money in​ the​ end .​
The fact of​ the​ matter is​ that selling your home on​ your own isn't easy work .​
In fact,​ you​ may actually lose a​ substantial amount of​ money when you​ try to​ sell your home alone because you​ aren't well spoken in​ the​ language and business of​ real estate .​
a​ Realtor can not only save you​ money,​ they can save you​ time and stress so that you​ can make the​ transition from one house to​ the​ other as​ smoothly as​ possible.
Putting Your Home on​ the​ Market
Putting your home on​ the​ market requires more than a​ for sale by owner sign in​ your front yard .​
While this is​ a​ start,​ there is​ a​ lot more to​ it .​
Many homeowners learn about multiple listing services,​ which is​ basically an​ index of​ homes that are on​ the​ market and then pay about $750 to​ have their home listed .​
When calls don't start flooding in​ inquiring about the​ home many sellers wonder what the​ problem is​ .​
The problem is​ that it​ takes more than a​ listing to​ get Realtors to​ visit your home with their clients .​
Realtors are loyal to​ other Realtors--that's just the​ way it​ works .​
Also,​ when you​ work with a​ Realtor he or​ she may be able to​ network with others to​ be sure that your home is​ getting as​ much exposure as​ possible,​ all for the​ price of​ the​ sales commission .​
a​ Realtor will also have other avenues to​ explore with listing your home on​ the​ Internet and locally.
If you​ want to​ sell your home on​ your own you​ will have to​ not only keep your home in​ show condition,​ you​ will also have to​ be accessible for appointments when convenient for potential buyers .​
Showing your home can be exhausting and you​ may do the​ home an​ injustice if​ you​ cannot downplay the​ negative aspects of​ the​ home and accentuate the​ positive features.
The Value of​ Your Home
Many sellers lose money when they attempt to​ sell their home on​ their own because they do not know the​ market value of​ their home .​
a​ Realtor knows all of​ the​ current market values,​ whether they are rising and falling and can help you​ get the​ most for your home no matter what the​ market situation is​ .​
Many sellers unintentionally under price their home because they do not have a​ professional helping them,​ or​ overprice it,​ which keeps all of​ the​ serious buyers away! a​ Realtor can help you​ price your home so that it​ not only sells,​ but so you​ can make a​ profit.
Reputation
Most people that are in​ the​ market for a​ home go with a​ Realtor; in​ fact 80% of​ buyers work with a​ Realtor because the​ Realtor has a​ good reputation and they need help maneuvering the​ real estate market .​
If you​ put a​ sign in​ your yard,​ in​ the​ newspaper,​ or​ on​ bulletin boards in​ various areas buyers have no idea who they are dealing with .​
Though a​ buyer may be able to​ get a​ good deal on​ a​ home that is​ for sale by owner,​ they are leery of​ working with someone that they don't know and may or​ may not have real estate experience.
Final Thought
As you​ can see,​ there is​ a​ lot of​ reason to​ work with a​ Realtor instead of​ trying to​ sell your home on​ your own .​
While a​ Realtor may take as​ much as​ 6% of​ the​ selling price,​ this is​ peanuts for all of​ the​ work and stress that they are saving you​ from .​
Legal paper work,​ home inspections,​ showing your home,​ and marketing with other Realtors to​ sell your home as​ quickly as​ possible for a​ reasonable price is​ what a​ Realtor does .​
When you​ try to​ take on​ all of​ these responsibilities on​ your own,​ unfortunately you​ have a​ good chance of​ failing or​ losing money.
Selling your home is​ difficult enough when you​ think about packing up and moving,​ but it​ doesn't have to​ be overly stressful .​
a​ Realtor can do all of​ the​ dirty work associated with selling your home so that you​ can go about your every day life,​ and still sell your home in​ record time .​
Knowing the​ market,​ knowing the​ real estate business,​ and having connections in​ local real estate makes all of​ the​ difference,​ and these are not things that your average homeowner possesses,​ but a​ Realtor does.




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