By selling your own home, homeowners may be able to eliminate thousands of dollars of costs from the sale of their property by becoming their own agents. Becoming your own selling agent may help you save on commission paid to licensed real estate agents. It is important to understand you will incur incremental responsibilities as a result. These responsibilities include but are not limited to: creating and posting your listing online, posting a sign in your yard and selling your home on your own.
While the potential savings are large, so is the task of selling your home in today's real estate market. There is much more involved than just putting an ad in the paper or online, showing your house and having someone buy it..
Homeowners know their homes better than anyone, but that doesn’t mean they’re the best selling and marketing their properties. Statistics show that selling your home with the assistance of a professional real estate agent will garner you a higher profit than selling your home on your own. The results are often sufficient to cover the commission as well as earn a profit for the seller.
The responsibilities of a real estate agent are extensive and require time and experience to complete. They often include: setting the asking price of the home, marketing the home, arranging open houses, working with a real estate attorney to handle legal documents, negotiating with buyers, etc.
In the decision to list your home with a real estate agent or sell your home yourself, weigh the pros and cons of your personal experience. If you don’t have sufficient time, experience or skills to effectively sell your home, enlist the help of a licensed real estate agent to help make the process a success. Agents are trained professionals with specialized experience that are here to help you with the buying and selling process.
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