We understand the reasons for trying to sell your home on your own, especially when it comes to the Bozeman real estate market. It's easy to think that in a fast-moving market like Bozeman, all you have to do is put a sign in the yard and you'll have multiple offers by the end of the day. Homeowners believe nobody can represent their home the way they can and are often worried about the costs of hiring a professional. But, there are many factors to keep in mind when selling your home on your own, especially in Bozeman' real estate market.
In Montana, sold prices of homes are not disclosed, making it difficult to accurately price your home. With limited resources, it can be difficult to reach potential buyers without an up to date marketing plan. There are piles of paperwork, scams to look out for and liability concerns. Most importantly, it takes time to sell a home. Rather than spending your nights and weekends scheduling showings, filling out paperwork or negotiating with buyers, your time should be spent doing what you love, and what you do best. Hiring a real estate professional means that you will spend less time, fewer resources, have less liability and can make more money on the sale of your home.
Montana is a non-disclosure state, which means that no one has access to the sold prices of a home other than members of the MLS. How can you set an appropriate price for your home when you have nothing to compare it with? Even in a competitive market like Bozeman, pricing is everything. If you list your home too high, buyers and agents will overlook your home and head to the more affordable option down the street. If you price to low, well, you are giving up money that could have been headed straight for your pocket.
SPENDING MORE TIME ON THE MARKET
These days, reaching potential homebuyers takes a lot more than putting a sign in the yard. With 90% of homebuyers searching online during their house hunt, a Craigslist ad isn’t going to cut it. If display network advertising, pay-per-click campaigns, landing pages or content marketing make your head spin, then you may want to consider working with a company that can offer a strong marketing campaign to get your home in front of potential buyers. For the past year, the average days on the market for homes listed in Bozeman was less than three months, which is a good indication of how strong the Bozeman real estate market is and why listing with a professional is helpful.
We are a locally owned real estate company in Bozeman, Montana. We work hard to be a trusted source of both real estate and community information. You can learn more about us here, meet our team, or read our blog.