Selling Without an Agent vs. Selling With an Agent

By
Real Estate Agent 136749

 

Working With Alline

For Sale By Owner

Cut Rate Agents

Time To Sell: 

Lower average days on market. In Pierce County, the average days on market is right around 7 days. This is affected by your pricing strategy

Studies show selling yourself adds on average 20+ days to the time to sell the house**

Depends on how comprehensive the service is to help market and negotiate the home

Typical Sales Price:

Houses sell for 13% higher prices* when working w/ a broker vs. FSBO

13% less* than an experienced agent is able to negotiate

Depends if their service includes full negotiation services or not

Marketing Costs:

$0 – We pay for all marketing and do all of the marketing work

$500 – $2,000+ in ads, yard sign, and more.

$500 – $2,000+ in ads, yard sign, and more.

Types Of Marketing Included:

MLS listing, professional yard sign, our team of buyers agents, featured online listings, open house if necessary, and more! 

None. You’ll need to purchase all of your marketing separately.

MLS, other marketing usually extra

Time Commitment From You: 

Very little. We want this to be as hands-off as possible for you so you can enjoy the process.

3-5+ hours per week including showing the house, open houses, marketing, putting out signs, etc.

3-5+ hours per week including showing the house, open houses, marketing, putting out signs, etc.

Fees / Commissions: 

Competitive commission structure. But we save you time, headache, and stats show we can help you sell for a higher price vs. FSBO

$100-$1,000 for materials and FSBO website listings.

Flat fee or reduced commission for reduced services and assistance.

Legal / Contract / Advice: 

100% included. We handle all of the contracts, documents, setting up escrow and closing, and more! We worry about the details so you can relax.

You are responsible for all contracts, escrow, and legal details to ensure the closing happens correctly and legally.

Not always included, when it is it may be limited. Ask the agent what they include and will not include.

 

At the end of the day, I always advise my clients to put a value to their time and energy that it will take to sell their house themselves.

If it takes you 30 hours of your time (at minimum) and you value your time, that alone is thousands of dollars in real value, not to mention the lost time. Add up the research showing how a full-service agent who is experienced in local Tacoma real estate can help sell your house on average 20 days faster and for 13% more, and that’s why 89% of home sellers work with a local real estate broker like me to help you sell your home.

 

Sources:  

2014 Profile of Home Buyers and Sellers, National Association of REALTORS®)

** Both the Northwestern and the Stanford studies mentioned in the Money section confirm just that: “The use of a broker does lead to an accelerated sale. In that respect, brokers appear to add value,” the Stanford researchers declared. The Northwestern study found that it takes on average 20 days longer to sell a house on a FSBO site versus the MLS or an agent.

Comments (3)

Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
HomeSmart Real Estate - Scottsdale, AZ
Arizona Homes and Land Group/ Buy or Sell

I like this Alline Birkel and MLS alternate meaning means "More Lucrative Sale". Welcome to the Rain! Jeff 😎

Jan 22, 2021 11:15 PM
Alline Birkel

I love your MLS acronym :D


Thanks Jeff!

Jan 23, 2021 07:20 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Great information, thanks for sharing.  I hope you have a great day.

Jan 23, 2021 02:39 AM
Alline Birkel

Thanks for reading, Richard!

Jan 23, 2021 07:20 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Alline, great presentation as to what you can offer a homeowner.  Welcome to ActiveRain! 

Jan 23, 2021 10:40 AM
Alline Birkel

Thanks so much Joan!

Jan 23, 2021 07:20 PM