Most people think you need an agent to sell your home, but we want to prove otherwise. We want to share with you the advantages of selling your home yourself!
The first one might be a bit obvious, but….
NO COMMISSIONS!
Selling your house yourself in Mt. Laurel and surrounding areas. Real estate agents can charge 6%+ upon the sale of your home, even if you end up selling the home yourself. This is in addition, to the agent fees, administrative fees, marketing fees, photography costs, etc. When you sell your home directly, you will save yourself THOUSANDS.
Sure you will have to do the work of advertising and showing your home, but when you are moving into a new house, having that additional cash can save you a ton of stress! There are always additional costs when you are moving, that’s just life. And keeping some hard earned money in your pocket will make everything go smoother.
You Run The Show
Selling your house yourself in Mt. Laurel and surrounding areas. You don’t want showings this Saturday? Ok, don’t schedule any. When you are working with an agent, often times they will be the one calling the shots. Of course, you are ultimately the owner, but if you hire an agent to sell your home, (hopefully) they will do their job and bring lots of people to see it.
This means weekend showings where you will be asked to leave, evening showings, etc. All of these can occur at the drop of a hat, so you will have to keep your home in tip-top shape while it is on the market.
Your Terms, Your Way
An agent will always be looking at what they can make off the sale of your home. This means they may stand firm on the price in situations where you might be open to negotiation. Even if you are eager to sell, an agent is always going to be trying to make as much as possible. Will they really have your best interest at heart when so much money is laying on the table?
In addition, you can decide all of the dates. When the new homeowners can move in, when you have to be out, when you close, etc.. You can set the terms as to what you will fix, what you won’t, and how much you are willing to spend to fix things. When you choose to sell on your own, you call the shots when it comes to the contract, without any influence from an agent who may only have their best interest in mind.
Selling your house yourself, often referred to as “For Sale By Owner” (FSBO), can be a feasible option if you’re willing to put in the time, effort, and have a good understanding of the real estate market in your area. Here are some steps you can take:
- Determine the Market Value: Research similar homes in your area to understand the market value of your property. You can look at recent sales of comparable homes and consider factors like location, size, condition, and amenities.
- Prepare Your Home: Make necessary repairs and improvements to enhance the appeal of your home to potential buyers. Clean, declutter, and stage your home to make it look its best for showings.
- Set the Right Price: Based on your research, set a competitive price for your home. Pricing too high can deter buyers, while pricing too low can undervalue your property.
- Market Your Property: Create listings for your home on online platforms, such as real estate websites, social media, and classified ads. Include high-quality photos and detailed descriptions to attract potential buyers.
- Host Open Houses and Showings: Schedule open houses and private showings to allow interested buyers to view your property. Be prepared to answer questions and highlight the features of your home.
- Negotiate Offers: When you receive offers from buyers, carefully review and negotiate terms such as price, closing date, and contingencies. Consider seeking guidance from a real estate attorney to ensure the legality and fairness of the transaction.
- Handle Closing Process: Once you’ve accepted an offer, work with the buyer to complete the necessary paperwork for the sale. This includes contracts, disclosures, and any other documentation required by your state or local regulations.
- Close the Sale: Coordinate with a title company or closing attorney to finalize the sale. Be prepared to sign the necessary documents and transfer ownership of the property to the buyer.
While selling your house yourself can save you money on real estate agent commissions, it requires time, effort, and expertise in navigating the real estate market. Consider whether you have the resources and confidence to handle the process effectively, or if you would prefer to enlist the help ED BUYS HOUSES. We can make this process of selling your house easy and simple. Check us out: https://www.Ed-Buys-Houses.com. NO COMMISSION / NO FEES
Few Cash Sales Fall Through
Selling your house yourself in Mt. Laurel and surrounding areas. As they always say in real estate, “cash is king.” If you are able to find a cash buyer for your home, you will save ample time and money. Closings typically take only a couple weeks as opposed to a couple of months when you work with a bank. Plus you won’t be waiting for your buyer to secure financing. A cash buyer will pay directly, without any red-tape from the banks. These deals rarely fall through and you end up saving a fortune on repairs, staging, and other sales related expenses.
Selling your home yourself will save you time which equates to money saved. Think about all the extra cash you will save on taxes, utilities, insurance and the mortgage by selling your home faster! While a cash offer might be lower than what you would list it for, many times you end up with more money in the long run after all of the fees, commissions and other costs are taken out. Not to mention the stress and headaches of having your home on the market. (imagine people driving by constantly some even peeking in your windows! It happens!)