If you are planning to sell your home, you might be tempted to try to do it on your own. After all, if you cut the REALTOR(R) out of the equation, you might be able to save some money, right? Not necessarily. In fact, you might find that just the opposite occurs. To that end, here is a look at five reasons why it is a good idea to hire a REALTOR(R) when selling your home.
#1: Simplify Your Life
Selling a home is a full time job. If you attempt to do the job yourself, you should expect to spend a great deal of time marketing your home, setting up appointments and showing your home to potential buyers. If you have a job or any other responsibilities to handle, the time you spend trying to sell your home can be incredibly inconvenient.
#2: Use the Realtor’s Knowledge and Experience
When you hire a REALTOR(R) , you hire more than just a person to handle all of the legwork involved in selling a home, you also hire the knowledge and experience that comes with that person. Creating contracts and handling other legal aspects of selling a home can be difficult for someone who has never done it before. With a REALTOR(R) at your side, you can be certain you are following the proper guidelines and regulations for your area.
#3: Negotiate a Better Deal
Even if you have great negotiating skills, negotiating the price of your home can be quite tricky. Not only does it require knowing how to negotiate effectively, it also requires being well aware of the value of the current market and what price can be expected for a home. Also, when selling your own home, it is difficult to take the emotion out of the equation. With a non-bias person negotiating the price of your home, you can be sure to get the best price that is reasonably possible.
#4: Having Someone on Your Side
When you hire a REALTOR(R), he or she is legally required to work in your best interest. Having someone else who is on your side will help to ensure your rights are properly protected throughout the entire process.
#5: You Might Actually Save Money
While it seems logical that doing the work yourself will save money, this isn’t necessarily the case. In fact, many buyers expect a significant discount from homeowners who are selling their homes on their own. Furthermore, most people who sell their homes on their own have to keep the home on the market longer. Statistically, the longer a home is on the market, the lower the final sale price will be.
About the Author: Brian Kinkade is a broker and team lead with Brokers Guild – Cherry Creek Ltd, one of Denver’s fastest growing full service Denver real estate firm. Brian’s team of Internet savvy agents service the Denver Metro area while specializing in Denver luxury homes, Colorado equestrain property and International real estate.
Hey Brian, Good points to say the least. People tend to underestimate the value and knowledge of a Realtor(R) when it comes ot marketing and selling a home. As we know, there is alot more involved than meets the eye.
Always nice to see you! Happy Holidays. Sue