As a home seller, Naturally, you want to make money as much as you can from your home sale. That will only be determined from a simple calculation or something more complex and subjective, such as your ability to take the time to market your property or endure the tedious and direct deals with potential buyers.
Here the top reasons why you should sell your home without a realtor:
SAVE UP
Keep every penny earned from the sale. This is one of the top reasons why it is good to sell your property without an agent, because you’ll really save up a decent amount in doing so. You will receive the whole amount of the house’s total sale.
COMMISSION
This is definitely one of the greatest advantages of selling your house without an agent. This explains the first advantage pretty well, you can save up by skipping the commission that you need to pay the agent. Listing agents don’t usually take less than 2% commission; this means that it costs $2,000 for every $100,000 in the value of the sale. Most markets have it is a standard 3% commission; that’s $3,000 per $100,000 and $9,522 on a median-priced sale.
SALE CONTROL
Usually, when you sell your property, you already have a good price in mind, but you need to somehow adjust it when dealing with a realtor because they will suggest a price that will make the sale harder and more time-consuming in finding a prospective buyer.
PROPERTY KNOWLEDGE
This is your greatest advantage. As an owner, you know more of the home’s best points and its deficiency more than anyone else. That even the top real estate agent won’t tell the home’s story as credible as you do. The time you leave buyers without a doubt and establish similar connections with them by telling them about your experiences, you will truly attract their attention and spark their interest in purchasing the home.
TIMELINE
You really have a significant reason why you are selling your home and you can fairly decide if you opt to sell it lesser than it should be in the market or more than what you are aiming for depending on your timeline. In this case, you have full control over the amount of time you are willing to list your property or take it off. The lack of pressure on following a certain time frame will benefit you the most depending on how long do you want to sell your house.
Selling your house is a major transaction that will need your full attention and you should know how the housing industry works before you sell your property.