Putting your home on the market can be frightening. Whether you’re moving across the country or down the road, selling your home signifies big change.
The process of selling your home can also be complicated. In today’s market, some people are trying to cut out the middleman – the REALTOR.
Is this a smart idea? Use this guide to learn more about whether or not you should consider selling your own home, versus working with a REALTOR.
How Fast Do You Want to Sell?
Selling one’s own home can seem like a difficult prospect. While markets are up and people are selling their homes in record time, there’s no guarantee that yours will.
If you’re trying to sell your home on your own, there’s a good chance you don’t have the same connections as a REALTOR. Putting a sign in the yard and posting about open houses in the paper is better than nothing. However, it isn’t quite as beneficial as hiring somebody who likely has years of experience and a built-up list of contacts.
When you have a REALTOR on your side, you get years of experience and a wide reach when it comes to potential clients.
What’s the Market Like?
You’ll want to know what homes are on the market. How long they’ve been on the market, what sellers are asking and what recent sales look like. Tracking this information down can be tough for the average homeowner.
When you work with a REALTOR, you’ll get somebody who understands your market. A good REALTOR can even help you sell for above the asking price in a tight market.
How Much is Your Home Worth?
Homeowners often get mailers from REALTORS detailing recent sales in the neighbourhood. The fact is that you simply don’t know exactly how much your home is worth unless you work with an expert.
Those numbers that you see online, as well as what your neighbours sold for, are just abstract ideas. Without a REALTOR, you could sell for considerably less than your home is worth.
A REALTOR can also help attract interested buyers. This alone makes hiring one well worth the minimal cost.
