Should You Hire a Realtor or Sell On Your Own?
You’ve decided it’s time to sell your home. The next question you have might revolve around whether it’s better to hire a realtor or sell the house on your own. Let’s take a look at these two options.
Selling Your Home on Your Own
This is a process you might enter into if you have time to invest in the process. The reason is that you need to perform the following activities:
- Compare home values
- Research the market
- Perform paperwork
- Understand the legalities involved
- Market your property
You’ll need to do everything involved with getting your home ready for sale. Are any repairs needed? You’ll need to find a contractor and monitor the work.
Take the time to inspect the curb appeal of your home. Make any necessary changes in order to improve it. This might include adding flowers to the porch, painting the front door or improving your landscaping.
The most critical part to selling a home is marketing it correctly. Ask yourself how much you know about the market so you price it and show it properly.
If you have any questions about whether you’re up to doing all the work on your own, then you might want to consider finding a realtor to help you.
Selling Your Home with a Realtor
Finding a real estate agent to help you sell your home is a less complicated way to go through the process. A good realtor takes their job seriously. They know the local market. They understand how to find motivated buyers and they will negotiate on your behalf.
A realtor also knows the process for how to price your home. This is important because you don’t want to set your price too high. This might lead to buyers avoiding the offer process. This leads to your home being on the market for a long time. The longer your home is on the market, the harder it becomes to attract quality offers.
Your agent will become helpful in terms of what needs to get fixed as you both work to improve the curb appeal. A realtor will also help make sure your pictures are professional quality and represent your home properly online.
All of the above leads to attracting the best types of buyers. Most importantly, your realtor will have the negotiation skills you might not possess. This is what they do all day long and they will work hard to negotiate the best deal possible with your interests in mind.
Only you know what’s best for your situation when selling your home. Think through which direction suits you best. Then, use the above tips to make your decision.