Thinking of selling your home and hiring a real estate agent? Do not want to hire a Realtor? Listed below are several advantages if you opt not to hire an agent. By selling your own house you eliminate Realtor contracts. A large amount of Realtor fees contribute to the price selling your home for you. In most states, real tor awards are 5% to 6% of the profit. With so many other expenses in conjunction with selling your home, every little bit you can save is helpful to cut corners, if you can.
By telling as many people as you can about your home for sale, you open up a new market. This method has some rate of success, however, you will never know if it works for you unless you try it out. You may even be lucky enough to find an interested buyer this way. In which case, negotiation would begin. This method of selling tends to make negotiation easier because you have the upper hand.
You are familiar with the neighborhood and would be able to give the potential buyer more information than would a Realtor. Be sincere, instead of try to over-sell the property. The buyer will pick up on any used car salesman techniques and either be leery or lose interest. Also, it is important to be honest. You very well may be held legally responsible for failure to discriminate information properly.
You have the necessary drive and a passion for selling your house. You are also motivated by the need or desire to sell your home, whereas, a real estate agent is motivated by the almighty dollar. This sometimes makes all the difference. You enjoy a good challenge. Some people who own their own business may not get started for financial gain but but for the thrill of the challenge. This can be the same reason some people sell their home.
Another advantage for selling your own home is you are the one in control. People who like to have the control may prefer this method. If your house is easy to sell, or it is a buyers market when you decide to sell the house yourself, you have yet another advantage. Houses sold by the owner without a Realtor sell much easier in a good housing market. These are some of the few advantages to selling our own home.
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Source by Toby Shelton