Selling your own house is one of alternatives to get money for your financial. As we know, property investment is also a very good way for our personal financial planning. Especially for those who have higher financial ability in investing. No wonder many real estate developer keep expanding building houses or apartments. Those properties are offered in purpose as your residence or furthermore for investment.
At this moment, are you thinking about selling your home? Is it a good idea to sell your home yourself? Have you been thinking of selling it by yourself instead of hiring a real estate agent?
There are several advantages of selling your home yourself, but there are disadvantages as well. To make it easier for you to make a decision 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 the commissions and fees. We are not talking about pennys, we are talking about THOUSANDS of dollars which you would have to pay an agent.
Another advantage is that you are able to decide the times for open houses and showings. It is also completely up to you where and when you want to advertise.
Unlike a real estate agent who is selling 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 disadvantages selling your house yourself. Real estate agents are paid a lot of money for a reason. Selling a home takes a lot of energy and time. Dealing with potential buyers, open houses, closing sales and of course dealing with legal issues. Real estate agents are familiar with all the above and their experience can impact the sale.
Be realistic when making a decision! Will you drop everything to make a showing? Do you think you are indeed a good negotiator and ask for an offer? Are you 100% sure you are able to close a deal? Selling a home is a big project! It is not everyone who can take on such a big project and can stay calm and professional when dealing with buyers.
Selling your home is not impossible, but it is a challenge. If this challenge excites you and if you are willing to learn then it is not impossible managing selling your home without the help of an agent. It is a challenge in your personal financial planning portfolio. Surely we do not expect high loss or error on your money management due to wrong strategy in selling house. With some know-how and a lot of energy you can sell your house without the help of a real estate agent and save thousands.
So how to start? Sit down and start evaluating your house. Finding the right price is the first and most important step when selling your home yourself. Try to get advice from a person who have expertise of selling a house, family member, friends and colleagues. Google-ing it on the internet will also could very helpful, such as reading this blog :)
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