Monday, June 16, 2014

Selling Your Home Without Hiring A Realtor

By Merv Carlson


When its come to selling your house, you have two options to choose from: Have a realtor do the job for you or you sell the home on your own. There are many home owners decide to accept the challenge and manage to sell the homes themselves. In this post we're going to discuss the pros and cons of selling your home on your own.

We're going to talk about the advantages of for sale by owner home first. The very first reason urging the home owners to decide to sell homes on their own is that they would save thousands of dollars by not hiring a real estate agent. The fee you need to pay the realtors is varied depending on where you live, but it is often ranging from 2% to 3%. By selling the home yourself, you could save a "fortune".

The second benefit is that, you have the full control over the price and the sales process. You can set the price as you wish, then decide when to meet the buyers, when to negotiate. You can even decide the schedules to open houses and viewing. You have the full right to choose where and when to advertise your house.

The next benefit is, since you own the house and you only market that house, you will be more dedicated to the marketing job. Realtors often have many house listings to market at the same time, so each listing can not receive enough dedication as your house can get. You house will receive much more ongoing optimization.

Now we're looking at the drawbacks of selling your house by yourself. There are clear reasons why realtors are paid with great commissions once they successfully complete a transaction. Selling a house requires skills, marketing experience and time. Experienced realtors own strong marketing tools and the ability to deal with legalities that surround the sale.

Since you sell your home, you have to set an asking price. This is difficult and can lead to the loss of money if you set a lower price than the real value of your property. Doing serious research on local real estate is necessary if you wish to set the correct price for your home. You must be willing to spend time on giving potential buyers tours around your home. This is a boring part of the selling process.

If you want to try selling your home privately, you can get the help from any quality marketing companies. You do not have to spend much in order to advertise your property using their marketing tools. If you live in Canada, there is Uppgroup Inc. who provides the quality for sale by owner advanced marketing service.

Selling your own home is a challenging task if you do not know any thing about online marketing. With the for sale by owner service provided by marketing companies, selling your own home will become much easier.




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