We understand that you want to sell your home on your own and not pay a commssion but have you considered what's involved?
The #1 reason that most homeowners sell on their own is because they want to save from paying the real estate agents commission. We get that because who doesn't want to save money, but you have to ask yourself, am I really saving money and if so how much? Here is something to think about. Do I want to save 6% by not paying a Realtor or do I want to be losing up 20% by not using one?
Studies have shown that For Sale by Owners lose up to 20% because the house is not marketed right.
As you have learned already if your home is For Sale by Owner now, that it's
not easy selling a home. Let me tell you a secret, we as Realtors are not always sure we can sell the house either, that's why we have expireds (homes that did not sell in the time limit of the contract). What helps us have success in selling any home is really up to the seller. Why do I say that?
The keys to selling a home is first of all price, then showing condition and then availability to view the home.
Ask Yourself these Questions:
Is My Home Priced Right?
Is My Home in Show Condition?
What About Availability?
You work hard at your job and have a busy schedule when your not working so it's hard to schedule appointments with potential buyers. You are missing so many opportunities of potential buyers who might be willing to pay top dollar for your home but because you are not available to show you lose out on a potential sale. Let me tell you another secret to selling your home for top dollar and actually make more money and not lose 20% or more. HAVE MORE BUYER SHOWINGS. It's that simple. The more potential buyers the more chances of selling at top dollar. Does that make sense?
How do you do that? If you're selling on your own now, you know the buyers are scarce. Where are they? I'll tell you another secret, they are with their real estate agents who only show homes listed on the MLS (Multiple Listing Service) with a professional real estate agent.
The Master Key to selling your home for top dollar is by hiring a professional real estate agent not because he has thousands of buyers but because he has the keys to access to thousands of other real estate professionals who represent qualified buyers willing to pay top dollar.
So then if the price is right, the home shows well, the home is available when the buyers are, and you have a professional agent you now have a better chance at success of making more money. So paying the commission doesn't sound so bad now does it?
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