5 Reasons You Shouldn’t For Sale By Owner

 

 

  1. There are too many people to negotiate with: If you sell on your own, you will need to be prepared to negotiate with: the buyer who wants the best deal, the buyer’s agent who is only looking out for the buyer’s best interest, the buyer’s attorney, the home inspection companies, and the appraiser.
  2. Exposure to potential buyers: Studies have shown that 88% of buyers look online for a home. Most agents have a comprehensive strategy to promote your home; do you?
  3. The internet is vital: How do buyers find the home that they purchase? 43% find their home on the internet, 9% from a yard sign, and 1% from the newspaper. What is your strategy to get your home sold?
  4. Selling by owner has become more difficult: The paperwork needed to buy and sell a home has increased in volume in recent years due to industry disclosures and regulations that have become mandatory. This is only one of the reasons that homeowners selling on their own have decreased from 19% to 9% over the last 20 years.
  5. You get more money using an agent: Studies have revealed that an average home sold by a homeowner sells for $208,000 while an average home sold by an agent sells for $235,000. Before you decide to sell on your own, sit down with a Realtor to see what they have to offer and ensure you are making an informed decision.

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