Can you sell your own home?
Are you thinking of selling your home? Have you been thinking about selling it yourself instead of hiring a real estate agent? There are several advantages to selling your home yourself, but there are also disadvantages. To make your decision easier for you, find the most important pros and cons below.
The most important PRO for selling your home yourself is MONEY. Selling your home without the help of an agent means more money in your pocket.
By selling it yourself, you save commissions and fees. – We are not talking about pennies, we are talking about THOUSANDS of dollars that you would have to pay an agent.
Another advantage is that you can decide the hours of the open days and the screenings. It is also completely up to you where and when you want to advertise.
Unlike a real estate agent who sells many houses, you can focus on YOUR house, because you are only selling your own house. It is obvious that you will have more interest in the sale than an agent.
But, as mentioned above, there are also downsides to selling your home yourself. Real estate agents get paid a lot of money for a reason. Selling a home takes a lot of energy and time. I deal with potential buyers, open houses, closing sales and of course handling legal matters. Real estate agents are familiar with all of the above and their experience can affect the sale.
Be realistic when making a decision! Will you drop everything to make a demonstration? Do you think you are a good negotiator and ask for an offer? Are you 100% sure you can close a deal? Selling a house is a great project! Not everyone can take on such a large project and you can stay calm and professional when dealing with buyers.
Selling your home is not impossible, but it is challenging. If this challenge excites you and you are willing to learn, then it is not impossible to manage the sale of your house without the help of an agent. With some knowledge and a lot of energy, you can sell your home without the help of a realtor and save thousands.
So how do you get started? Sit back and start evaluating your home. Finding the right price is the first and most important step in selling your home yourself.