One of the most popular questions I get from homeowners is whether they can sell their home on their own or via a real estate agent. When it comes to selling your property, you have the choice of working with a licenced real estate agent or selling it privately. In the last ten years, the Internet has transformed the face of real estate; we’re now at a point where properties are being sold online, sight unseen. Although it may seem that selling a home is straightforward, it is not. There are numerous advantages and disadvantages to selling privately versus through an agent, and in this article, we’ll examine the benefits and drawbacks of each so that you can make an informed decision. Check out this sell my ugly house
Should I Try to Sell My House on My Own?
Because of the impact that the Internet has had on the way people source, buy, and sell real estate, it’s probably never been easier to sell your house privately. When compared to the commission that would normally be paid to a real estate agent for selling your home, the Internet now allows any homeowner to list their home for sale on an unlimited number of websites for a relatively low price. Let’s take a look at some of the benefits and drawbacks of selling your home privately.
Sell My House Privately – Benefits: – You know your property better than everyone else – You have complete control of how your property is marketed – You will set the selling price based on your own research rather than the opinion of a real estate agent – You can meet the people who are buying your house – You can save money on commission – Your marketing costs will generally be lower
Selling My House Without Using a Real Estate Agent – Disadvantages: – You’re emotionally attached to the property – You’ll likely have less negotiation experience than a real estate agent – You may not know the true selling price that can be obtained – You will be aware of the property’s flaws and disadvantages – You may not be aware of the best ways to market your home – You’ll have to sell your home’s features and benefits – You’ll have to get your potential buyer to the contract stage – You might have to pay more to have a solicitor draught a contract – You’ll have to negotiate with a lot of emotional home buyers.
May I Hire a Real Estate Agent to Sell My House?
This is the most popular method of selling a home, simply because most homeowners choose to have their home sold by an experienced, licenced agent. Having the right real estate agent represent your home will make the whole process simpler, faster, and more profitable, much like going to an accountant for financial advice or a doctor for medical advice. Let’s look at some of the benefits and drawbacks of selling your home through a real estate agent.
Selling My House Through a Licensed Real Estate Agent – Benefits: – You’re working with an experienced, trained professional – They have hundreds or thousands of potential buyers already on their database – They’ve been trained in negotiation – They have many properties for sale at any given time, which can help you sell your house – They have quick access to past sales results and rental information – They’ll help you sell your house