To Sell on Your Own or Not, that is the Question
It’s a question many homeowners ask themselves when deciding to sell their house, condo, loft, etc.—do I use a Realtor® or try to sell this property on my own? Many find it tempting to go it alone in order to save some money on the commission, but when you consider the fact that professional real estate agents can typically sell a home much faster than any FSBO (For Sale By Owner), the benefits are quickly outweighed. Not to mention Realtors regularly get their clients around 16 percent more for their properties than individuals who try to sell their place without hiring an agent. In fact, about 20 percent of people who attempt to sell property by themselves later end up getting a Realtor® to finish off the job.
Anyone contemplating a for-sale-by-owner venture should stop and think about what that really entails. First of all, are you able to invest the time it takes to show potential buyers your house? It can amount to a full-time occupation, especially when you’re working around the buyers’ schedules. And what about all the paperwork and legality involved? This part is complicated and can be just as time-consuming as the walk-throughs. Then, when someone is interested in making an offer, how confident are you to negotiate with a trained and experienced buyer’s agent?
In a market where selling a home has become rather tricky due to the sheer number of single-family homes, condos and townhouses out there, it has become more and more important to properly advertise and promote your property. That’s why Dream Town Realty is highly focused on using state-of-the-art online technology and personalized promotion materials to sell real estate. These days, attracting the buyers’ interests takes more than a sign in the front yard—instead you need a full-on Internet presence that puts your property at the forefront—it’s hard to do that on your own.
Posted at 11:24AM Sep 10, 2007 by Yuval Degani in General Comments[0]
