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Why
Sell Your Home Yourself |
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- Save You Money - Preserves Your Hard Earned Equity
The reason that most people want to sell their home themselves
is to save the amount they would have to pay on a commission
to a real estate agent. If you will calculate 6-7% of why
you think your property is worth, that is the amount you will
be paying in commission fees. On a $250,000 house, it's $15,000.
That's a lot of money to save. You've worked hard to build
up
equity in your home. 6% commissions usually amounts to giving
away 30-50% of the equity in your house. Selling your home
yourself
will preserve your equity.
- Less Hassles and Frustrations
Selling your home yourself takes away a lot of inconveniences.
You don't have to leave your home when a potential buyer wants
to come by. In fact, you're in control of the viewing schedule
and can prepare the home for viewing when it's convenient for
you.
When a buyer makes an offer, there's not all the frustrating
back-and-forth negotiating, phone tag and waiting until all
the parties make
an agreement. It's as simple as sitting down with the potential
buyer, negotiating a price and signing the contract.
- You Can Get a Quicker Sale
You won't have to inflate the price of your home in order to
compensate for the 6-7% commission fee. Selling your home
yourself
gives you the flexibility to be very competitive in the market.
Not over pricing your home for sale will cut the sales timespan
by months. If you need a quick sale, you can
take part of the commission amount and lower the price of your
home to attract the price-sensitive buyers.
- You are Your Home's Best Agent
You can sell your home better than anyone else. You know your
home the best. You are the best one to tell potential buyers
about your neighborhood, what is special about your area and
what the nearby schools are like. The potential buyer will
hear
first-hand about the details of your property and what makes
your home special. A well-maintained, reasonabley priced home
will virtually sell itself. Your job is to provide the needed
information to the potential buyer.
- You're in Control of the Process
You're not stuck in a 3-6 month contract with a real estate
agency. You are free to put your home on the market or take
it off whenever you need to. You have complete control over
your advertising campaign. You can schedule showings when it's
convenient to you. You can even talk to potential buyers yourself
and weed out the non-serious ones.
- You Minimize Uncertainty
When you sell your home yourself, you always know exactly where
you stand with potential buyers. You'll have a better understanding
of how interested people are in your home, what they like and
don't like, their timeframe for buying and their current situation.
This direct feedback will have you plan additional advertising
strategies and help you to know what areas of the house are
not showing well.
- It's Easier Than You Think
If you can sell your own car, you an sell your home....it's
that easy! Once you find a home buyer and get a signed contract,
then lenders, title companies and lawyers (depending on your
area of the country) take over and do all the closing work
for you.
That's why our for sale by owner (FSBO) website will be a great
advertising source for you!
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