Sunday, 8 March 2009

Selling Home by Yourself?

By Marco Basten

If you just happen to be looking at selling your home, have you been thinking just sell it yourself instead of hiring a real estate broker? There are advantages about selling your home yourself, but of course, there are also downsides to it. To make it simpler for you to make a choice, find the most important pros and cons below. The greatest advantage in selling your home yourself is the money. If you sell your home without hiring of an experienced agent means more money for you. By selling it yourself there won't be any fees to pay and by commission, that doesn't mean pocket change, we are talking about thousands of dollars which you would have to pay an agent.

Another upside is that you can to decide on for open houses and showings. It is also completely up to you when you want to advertise. Unlike a real estate agent that is working on selling other houses on top of yours you are able to concentrate on your own house. since you are only selling your own house. Another good reason is that you will have more interest in the sale than an agent.

However, as previously mentioned you might also encounter issues with sales when you do it yourself, also, agents are paid a large amount of money for good reason and that reason is that the sale of a home requires takes time and resources. They must interact with possible buyers, open houses, closing sales and the legal side of it. Real Estate agents are experienced with all the above and their experience can impact the sale. Decide realistically! Will you just drop everything to get to a scheduled showing? Do you honestly think you're good at negotiating and ask for an offer? Are you really sure you can do the closing? Selling a home is a big project and it is not everyone who would be able to handle on such a huge task while remaining calm and professional when dealing with possible buyers.

Selling your home is not an unattainable task but it is truly a challenge so if this excites and you are willing to learn then it's very possible that you can sell your home without hiring an agent. With a bit of knowledge and a lot of energy you can sell your house without employing the services of a professional real estate agent and save a lot of money.

So how would you start this process? Well, have a seat and have a look at your home since setting a proper amount is the initial and by far, the most important part of making the sale yourself.

About the Author: