How can a Good Realtor save me money as opposed to selling by myself?

If you sell your own home yourself, you will not have to pay a commission but by doing that will you actually SAVE  money?

If your unit is perfect, and you are good at pricing houses, and negotiating terms and conditions, and have the time to market properly, then yes, you can save money.  So, what about the other factors that most home owners never think about?

#1-What are the possible future expansion options of your unit allowed by your town or city that could impact price?  If the code says you can expand the living space, what is the value of that factor?  Could it be enough to pay the Realtor's fee alone and make your unit more desirable?

#2- Have you made any alterations since you bought the property and do you have the current C of O (Certificate of Occupancy)?  If alterations were made and the contractor or architect did not file the work, that could impact the sale price also.  If alterations were made before you purchased in a time of lax appraisals and no inspection by a qualified home inspector, you may think that all is OK until your attorney calls you and tells you, "We have a problem."  Sometimes sellers get away with it and sometimes they don't.  You don't want to be the one that gets caught.  

#3-  What is the value for you the seller to have a pre home inspectionHow much do you know about home construction and the present codes?  Will some issue cost you at closing?  Get the facts before you put your unit on the market and you could save big time.

#4- Is being present at the showing hurting your sale?  How can you show your unit and not be present?  Sometimes buyers don't feel comfortable having the owners present when they look at a house.  Some sellers are all over the place, showing this and that, actually hurting themselves.  A good agent will read the buyers actions and proceed accordingly.  Some want to take their time in certain areas and think.  Leading the buyers around too soon can kill a sale.

#5- How to answer personal questions.  You would be surprised at some of the questions buyers ask.  Are you prepared to answer in a way that will not hurt your sale price?  After all, the main point of all this is  The sale price.

Realtors with experience can help you to avoid most, if not all of these issues.

Think about it and don't be afraid to interview a few good agents in your area.

A job well begun, is half done!

Website  http://www.eltingvillehomesforsale.com/

http://www.kennethcolerealestate.com

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7 Comments on How can a Good Realtor save me money as opposed to selling by myself?

FEB
15
2011
210,274 Points Hit Router Called Shot Master

Hi Kenneth-some great points-especially about the buyers not wanting owners in the house when they look at it

8:24pm • #1
422,147 Points 7 Featured Posts Called Shot Master

Thanks for the comment Tim.  Can you believe, that after hiring an agent to sell their home, some folks want to do the agents job and show and put their $$ at risk?  Go figure.

9:07pm • #2
FEB
16
2011
1,151,939 Points 86 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Hi Ken, the biggest frustration so many FSBO's experience is the first few weeks the house is on the market and there is no activity, for whatever reason. The biggest draw back to selling it on their own is the lack of proper marketing. Good Post.

8:18am • #4
114,329 Points

Thanks Ken for a great blog!  Good points and great tips!

8:48pm • #5
FEB
25
2011
605,515 Points 46 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Well written Ken...plus most buyers agents do not want to deal with a fsbo so they are missing 90% or more of the qualified buyers out there.

8:21am • #6
422,147 Points 7 Featured Posts Called Shot Master

Steve;  Good morning to you and thanks for the kind words. Like you, I want to post helpful information.

9:49am • #7


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Kenneth Cole NYS Licensed Real Estate Salesperson

Staten Island, NY

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Appleseed Homes Realty

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