When you're ready to put your home up for sale, you will most likely want to get as much as you possibly can for the house. This may cause you to not use a real estate agent and try selling the home as FSBO (for sale by owner). This can save you money by not paying a commission to the seller's agent, which goes right back into your pocket. However, this could end up costing you money in the end, even though you save on the commission. Here are 3 reasons to avoid selling a home without an agent.
You Will Get Realistic Pricing
A big mistake homeowners make when selling their house on their own is not pricing it correctly. If you price it too high, you will not attract buyers to your home. It could be months until you are able to sell your house, which are months that you are still stuck paying the mortgage and property taxes. If you price it too low, then you are losing out on potential earnings by undervaluing your house, even if it sells quickly.
Using a real estate agent will give you access to the tools that professionals use to price your home. This includes someone that understands market trends and can look at historical pricing.
In addition, they know the value of other aspects that the typical homeowner may have difficulty putting a price on, which include:
Part of what is going to make your home sell quickly are the photos. It goes beyond using a camera with a nice lens, but it includes the camera angles, home staging, and even color correction. This is a service that will be included when you use a realtor to sell your home, since they will want to make the home look as appealing as possible to potential buyers.
There is a lot of negotiation that will happen during the sale of a home. If you do not have the experience with negotiating a home sale, it's possible that you could lose out on money because the buyer wants a lower price after they make an offer. A real estate agent has experience with these negotiations, so they know what to expect and what concessions are really worth.
For more information, contact a real estate agent in your area.Share