Are you thinking of selling your house? 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 it easier for you to make a decision, find the most important pros and cons below.
The most important PRO to selling your house yourself is MONEY. Selling your home without the help of an agent means more money in your pocket!
By selling it yourself, you save on 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 times of the open houses and exhibitions. It is also completely up to you where and when you want to advertise.
Unlike a real estate agent who is selling a lot of 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 house requires a lot of energy and time. Dealing with potential buyers, open houses, closing sales and of course dealing with legal matters. Real estate agents are familiar with all of the above, and their experience may affect the sale.
Be realistic when making a decision! Will you drop everything to make a demo? 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 big project! Not everyone can take on such a large project and remain calm and professional when dealing with buyers.
Selling your house is not impossible, but it is a challenge. If you’re excited about this challenge and willing to learn, it’s not impossible to manage the sale of your home without the help of an agent. With some knowledge and a lot of energy, you can sell your home without the help of a real estate agent and save thousands of dollars.
So how to start? Sit down and start evaluating your home. Finding the right price is the first and most important step in selling your home yourself.
