The number one reasons for home sellers attempting to sell their home themselves is to save money or to facilitate a non-conventional arrangement with a buyer for a unique reason˳ Whatever the motivation, it’s important to ask yourself these questions so you have an overview of what your home sale will all entail˳ If you have any additional questions regarding the matter of selling your home, contact a local agent for a free consultation˳ Also, don’t be deterred if you don’t like the first one you are in touch with˳ It’s normal for a seller to “shop around” for the right agent˳ Buying and selling homes will be one of the most important transactions of your life and both, you and a potential agent should treat it as such˳
Have you asked yourself…
1˳ Do you have the knowledge, time, and sales skills necessary to sell your home?
2˳ If a potential buyer is making aggressive offers, will you be able to negotiate strategically for yourself?
3˳ Do you know how to analyze the market data and comparable homes to determine the accurate value of your home?
4˳ Are you in the know of real estate trends that might affect the sale price and timing of selling your home?
5˳ Do you know how to understand a buyer’s finances and qualification for a loan?
6˳ Do you have concerns letting strangers into your home?
7˳ Are you knowledgeable enough in real estate contracts to create a legally binding contract, acquire all the necessary documents and signatures, and include counter-offers according to regulation?
8˳ Did you know that without a realtor, you are basically taking your home off the market every time you leave your house?
9˳ Did you know that many professional people and services are required to close the sale including an escrow and title company, home warranty company, pest-control and inspection services, and a lender? Do you currently have these relationships in place?
10˳ Do you know if you need a real estate attorney to assist this transaction, how much it will cost, and how much liability they will assume?
11˳ Do you have marketing experience, specifically in real estate, and the funds to allocate to your strategy?
12˳ Did you know that potential buyers will possibly expect you to lower your price because there is no realtor to pay a commission fee?
13˳ Did you know that there are advantages and disadvantages to the seller depending on which type of loan the buyer chooses?
14˳ Are you prepared to put in a lot of time, during evenings and weekends when it’s most convenient for potential buyers, to show your home?
Before you decide to sell your home yourself, consider the benefits a realtor can provide you that you may currently be unaware of˳ Because transactions facilitated by a realtor generally sell at 15% higher price points, the benefits you receive for paying your realtor their average 6% commission usually far outweigh the benefits of selling your home alone˳
Source by https://ezinearticles˳com/?For-Sale-By-Owner:-14-Questions-To-Ask-Yourself-Before-Attempting&id=9782541
