It is purely natural to concentrate on the maximum profit when you are intending on selling your house and it may seem easy as well. When you sell a house on your own you might feel like you have saved on a real estate agent’s commission, while the fact is that when you pay an experienced agent for his service, you get the best price for your property because of his pricing expertise, negotiating skills, and market access. According to statistics, any home that is listed as ‘For Sale By Owner’ often takes a longer time to sell and sells for less as compared to a property sold by real estate agents. Here are 5 reasons for reconsidering your thoughts on buying a house on your own.
Price of the House:
The biggest and most important factor that results in the sale of a house is the pricing. If you price the house correctly, it will sell much easily and quickly. Very high prices often result in the house being listed as stale property. On the other hand, if you price it too low, chances are that either you will end up losing a lot of money or in some cases, you might find it hard to sell the house. An experienced real estate agent knows the subtleties of the local market and the basis of pricing according to it. A real estate agent won’t make the mistakes you would as an emotional home seller when it comes to pricing your home. Larry Weltman Toronto based realtor has handled and overseen many real estate transactions where houses were either priced too high or too low. Larry analyzed the local market and set prices for the properties that proved to beneficial to all. Larry Weltman is a customer service representative at Access Easy Funds Limited.
Negotiation Matters:
Not everyone understands the negotiation game. As far as selling your home is concerned, it is an important business transaction. Any sale process involves three notable negotiations that are the opening offer, counteroffer, and the final offer period. The final offer period includes activities such as inspections, requests, and other things about the deal. The bottom line is that a skilled and experienced negotiator is a necessity when conducting important transactions such as buying or selling a house. Howard Baker, an American politician, and diplomat says, ” The most difficult thing in any negotiation, almost, is making sure that you strip it of the emotion and deal with the facts. And there was a considerable challenge to that here and understandably so. ”
Exposure of the House:
It is almost impossible to match the exposure a real estate agent can get for your house as opposed to doing it on your own. Your house should be getting maximum exhibition to the largest number of possible buyers. The most you can do as a house owner is put up advertisements or spread the word. Whereas an agent will prepare marketing materials, use internet marketing, and connect regularly with other agents.
The Buyers Perception Should Be Considered:
A majority of house buyers will have real estate agents of their own to handle their transactions. When you set to sell your house on your own the agents representing the buyers can be dissuaded as they prefer working with another real estate agent to conduct the transaction.
Smooth sale process:
As a real estate agent, he has the experience proficiency in carrying out a sale process with efficiency. Dealing with financial problems, handling buyers queries, complaints, and objections, ensuring everything runs smoothly, overseeing the contracts and paperwork to facilitate a smooth closing of the deal.
