This time of the year many homeowners are thinking about selling their homes. Many are toying with the idea of trying to sell it without the benefit of a Realtor.
A recent blog by Larry and Sheila professionals from Long Island New York illustrates some of the pros and cons of this undertaking.
What If I Want To Sell My Home Without Hiring A Professional Realtor?
Larry And Sheila's Top 10 Reasons Why You Might Want To Consider Hiring A Professional Realtor And NOT Sell Your House Without One!
1. Pricing ~ The most important step is pricing your house properly. If you charge too little, then you'll always wonder if you lost money on the deal. If your price is too high you won't get consumers or other Realtors to see it. The longer it stays on the market, the more consumers might wonder what's wrong with it?
2. Understanding The Market ~ You need to understand the Real Estate market, especially your own neighborhood ~ A Professional Licensed Realtor should have years of experience with laws, contracts, forms and negotiations. Your Realtor can give you up-to-date information on what is happening in the marketplace, and the price, financing, terms and condition of the competing properties. These are key factors in getting your property sold at the best price.
3. Availability ~ You have to be willing to be available to show the house at different hours of the day to make sure everyone that may be interested in it will get to see it ~ If you hire a Realtor, they will schedule the appointments, and show it on your behalf and you won't miss any showings.
3. Generating Traffic ~ How can you generate traffic for your house and be able to get the word out about it? ~ An experienced Realtor will not only list your home on MLS, but will have other resources and marketing strategies for increased exposure for your house.
4. Answering Concerns Properly ~ Can you be available to answer questions by phone, email, text, meet-ups and be sure you are answering them correctly? ~ Buyers may not respect your time and may want immediate answers to their concerns. By you answering any of their concerns in the wrong manner, can be a deal-breaker.
5. Criticism ~ Can you be patient and understanding with criticism? ~ You will need to be able to handle all different types of personalities and be able to keep your "cool" under pressure, even with non-qualified buyers. You need to have patience and the right temperament for criticism, questions, and repeat showings, and can you pre-approve a buyer? Remember that buyers are not looking to be your friend.
6. Will You Be Pushing Buyers Away ~ If you sell your house on your own, buyers will be looking for a deal from you. If a Realtor was listing your home, you can expect to get the highest true market value for it ~ Some sellers may believe their home is worth more and will remove many potential buyers because it's not priced competitively.
7. Relocation Buyers ~ If you don't use a Realtor, how are you going to attract out of state buyers? You might be eliminating a whole group of buyers that will never see your house because relocation buyers won't know about it.
8. Professional Networking ~ Realtors network with other professionals in the industry, many who can provide services that you may need. Realtors can give you a list of references with whom they have worked and provide background information to help you make a wise selection.
9. Contracts ~ Another important function of a Realtor is to make sure that all the paperwork is handled correctly. Do you want to get through all the stress of listing and selling your house or condo and then find out something that could have been avoided but is now a deal-breaker?
10. Closing ~ Can you close the sale of your home without be overwhelmed? Your Realtor should be with you throughout the entire process and is the best person to objectively help you resolve any unforeseen issues and move the transaction to closing!
Selling Without A Realtor Is A Challenge. Remember, a good Realtor will work with you through every step of the home buying process to save both your time and your money. Real Estate transactions involve one of the biggest financial investments most people experience in their lifetime so shouldn't you have the best possible advantage in selling your house?
Larry And Sheila, Realtors with Charles Rutenberg Realty strongly recommend hiring a Real Estate Professional to assist you with the sale of your house.
All agents are not created equal. When you are considering to sell your house on The North Shore OfLong Island, chooseLARRY AND SHEILA at 631-805-4400!
We independent Licensed Realtors.If your home or condo is listed with another broker, this is not a solicitation of the property.
Photo courtesy http://www.realestateclipart.com
All content, including text, photographs and images, remains the exclusive property of Suffolk Experts. Only with written permission of Larry & Sheila may anything be used by others. All information is believed to be accurate but is not guaranteed. Suffolk Experts and Larry & Sheila make no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, delays in information, any losses, injuries, or damages arising from its display or use.If you or anyone you know is considering to sell their existing home on The North Shore Of Long Island, or is purchasing their first home, dream home, step-up home, or retirement residence, we would appreciate the opportunity to serve them, and we can also recommend a relocation professional in the destination of choice outside our Long Island area!