Do I Need A Real Estate Agent?
Or, Am I a Good Candidate to Sell My House On My
Own?
Many sellers are
attracted to the idea of selling their property without using and paying for the
services of a real estate agent. The primary motivations are to save money by
not having to pay a commission and the perception that selling the property
really won't be that difficult.
Successful for sale
by owners are those that are willing to put in the time, money and effort that a
good real estate agent would put into marketing their property and, even then,
their efforts will be hampered by the realities of the real estate marketplace.
The exposure given to properties listed on a
Multiple
Listing Service by the real estate agents who belong to the service is something a
For-Sale-By-Owner cannot duplicate, even those sellers who are willing to pay a buyer's agent commission.
You may be a good
candidate to sell your own house if:
-
You can objectively
evaluate your house as to condition, needed improvements, and price as
compared to other homes for sale.
-
You can take the
time to properly market your home so that potential buyers are aware that it
is for sale.
-
You can take the
time and have a flexible enough schedule to permit you to show the home to
numerous potential buyers.
-
You are prepared to
deal with agents representing buyers who will want you to pay them a buyer's
agent commission on the sale.
-
You are prepared to
qualify and negotiate with potential buyers.
-
You are familiar
with real estate contracts and their proper usage.
Sellers who
successfully sell their own homes generally earn every dollar they save through
hard work and aggravation. Those who are not successful just get the work and
aggravation, without the monetary benefit.