HomeMoving TipsSell Your Own Home or Hire a Realtor? Pros and Con
The differences between selling your home on your own versus hiring a realtor
can be huge; thus, making the decision between the two somewhat difficult. Here
are some of the advantages to each:
Sell it yourself
You avoid realtor's fees.
You are able to negotiate completely on your behalf and do not have to feel any
sort of concern that a representative of your interests may be falling short.
No one knows what life is like in your home better than you! You may be more
convincing to a buyer than any outside realtor could be.
Buyers may be more inclined to meet with you than a realtor because that will
negate the middle man and may lead to a more accurate depiction of each side's
needs.
Realtors do this for a living. They have a great deal of experience selling
homes (probably more than you do).
You open yourself up to a greater volume of exposure to prospective buyers,
since realtors find homes for buyers for a living. This exposure increases your
chances of finding a buyer that matches your needs and subsequently speeds up
the selling process.
A realtor is required to be familiar with up-to-date market values and will
work with you to set a competitive asking price.
Window shoppers will be deterred from wasting your time; the realtor will be
predominantly dealing with serious prospective buyers.
Realtors are skilled in reading contracts and will be sensitive to any fine
print that you may have dismissed as unimportant.