Selling your home should never be taken lightly. Not only is it stressful, but it can also be a tougher time for you if you have had your share of pleasant memories of life in your house for sale. You can either venture out on your own and sell your home by yourself, or you can choose from the several real estate agents who may be operating in your area.
Selling your own home saves you the realtor’s commission fees, but can be a bit of a minefield in terms of documentation and legal requirements. Realtors are trained in all these areas – you will have to learn as you go along. And let’s not forget the emotional strain you could go through if you act on your behalf and sell your own home. Especially if you’ve owned the home for years, you would have spent so much time, money and effort to make your home look perfect in your eyes. Most private agents, or people who sell their own homes, find themselves hesitant when would-be buyers start proposing all sorts of potential changes or additions. Imagine your favorite room in the house – and a prospective buyer describing how he’d like to renovate it into something completely different. You may just change your mind about selling altogether!
Be an astute shopper before you even consider putting up your home for sale – try checking out other houses in your area for sale. Attend show days and find out what prices are being asked, and what is being offered for homes similar to yours in both size and condition. You can have a better idea of what people want and how much sellers price similar houses. And to make sure that certain deals aren’t too good to be true, find out how long the home has been on the market – low prices could indicate lack of interest in the house!
When doing all the selling yourself, get a lawyer before selling on your own. They are the best people who can teach you about property laws and other real estate policies and procedures in your area, and advise you of any potential legal issues. They will also be in charge of handling the buyer’s deposit and drawing up the blank contract.
An experienced real estate agent doesn’t just have years of seasoning, but also a knowledge of who may want to buy your house. Also, they take care of any legal loopholes or any papers you have to fill out, Since they market their services through different means, that alone is a good come-on for would-be buyers. To put it plainly, your best option is to hire a realtor’s services rather than bear with the guesswork of signing all those papers and reading all those heavy-worded contracts and forms yourself.