Why You Shouldn’t Sell Your House as “For Sale By Owner”

If you’re planning on putting your home on the market soon, chances are, you are crunching numbers to determine what the different costs will be. Some people may consider trying to sell their home on their own in order to save money, but this could end up being a negative in the end. Here are some main reasons why you shouldn’t sell your house by yourself.

#1: Exposure.
Putting a sign in your yard or an ad in the paper will simply not bring the results that it did in years past. Experienced real estate agents have an Internet strategy to promote the sale of your home and that means you’ll get more exposure. Looking for homes online is the primary way people search for homes today and if you don’t have the ability to promote it via a well-known website, it’s likely that the home simply won’t get the exposure it needs to bring in the right buyer.

#2: Negotiations.
Negotiating the right deal is a process that real estate experts have fine-tuned. You will need to plan to negotiate with the buyer and buyer’s agent, home inspectors, and appraisers, just to name a few. If you are unfamiliar in how each of these people work on the various parts of a home sale, it could be confusing for you and you may end up missing something important along the way.

#3: Paperwork.
The paperwork involved when buying and selling a home is very complex. There is a lot of legal verbiage as well as intricate clauses and details that many homeowners simply do not have the training to fully understand. Experienced Realtors® can explain what the language means and how it will impact you as the seller.

People may think that they can save money in the long run by selling a home on their own. But in fact, many buyers rely on a “buyer’s agent” and you often will end up paying them for their services.  This means you are unrepresented by someone with expertise, while the buyer has that advantage.  However, an experienced real estate agent could end up helping you get more money for your property when everything is said and done.

Before you decide to sell your home on your own, talk to us about what we can offer you. We bring years of industry expertise in real estate negotiations in addition to helping answer the abundance of questions that come up during the process of selling a home. We are glad help you start the process of putting your home on the market so you can sell it as quickly as possible and move on to your next place in a new home. We are glad to help you with the information you need to start your adventure, so contact us today!

Posted on January 17, 2019 at 10:00 pm
Nancy Johns | Category: Selling Your Home | Tagged , , , , , , , , , , , , , ,

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