I have listed below several questions you may be asking yourself as you currently endeavor to market your home. Please take a few moments to read over this useful information that may help you to decide whether “For Sale by Owner” is the way for you, or would you benefit more from working with a Realtor®.
Should I Sell My Home Myself?
Selling your home can be a long and complex process, so it’s important to think about all the potential implications — both positive and negative — before choosing to go it alone.
Pricing Your Home
You will need to consider comparable properties in your area, current market conditions, as well as the cost of financing and its availability.
You should remember that "For Sale by Owner" typically attracts bargain hunters who may expect you to lower your price since they too are looking to save money on Realtor® commissions.
Is a Realtor® a Better Choice?
Selling your own home takes a lot of hard work and know-how. Making even a small mistake can spell serious trouble. By working with a professional Realtor®, you gain the services of an experienced professional with advanced training in residential sales. Not only does that free you from the time consuming tasks involved with selling your home, it gives you the added expertise to help maximize the profit from your home.
As Realtors®, I can help you sell your home faster and for the best price by:
- Pricing your home accurately by conducting a Comparative Market Analysis. This research will help support the price with comparable facts and statistics. I will generate “Absorption Rates” to better price a home.
- Advertising your home in the most visible outlets in your area (including the Internet).
- Holding Open Houses, if desired.
- Accessing out-of-town buyers through the nationwide network of REALTORs and Cendant Mobility (a RELO firm).
- Suggesting easy ways to make your home more attractive to potential buyers.
- Exploring alternative financing methods that can help relieve a potential buyer’s financing concerns.
- Scanning the MLS to locate active buyers through a special nationwide network of resources.
- Acting as a third-party negotiator between you and the buyer, making sure the selling price and the buying price are optimal for both parties.
- Screening prospects so you don’t have to expose your family to strangers that will be knocking on your door.
The Right Price Means a Successful Sale
Achieving optimal price is the result of both objective research into comparable properties, and a gut feeling about your property and the current market.
Price is the number one factor that most homebuyers use to determine which homes they want to view. It’s important to remember that although you set the price, the value of the home is determined by the buyer.
A Realtor® Can Help You Price Your Home Right
With a mix of real-world experience and advanced training, a Realtor® has the tools necessary to calculate the fair-market value of your home based on both the marketplace and personal considerations such as your must-sell date. Remember, the right price is the key to a successful sale. So work with me to price your home accurately the first time.