Selling a house takes energy and time so many people choose to hire a real estate realtor to help them list and sell their homes. For some reasons, other people decide to sell their homes by themselves. If you decide to sell the home yourself, you'll get certain benefits, and of course face certain disadvantages.
The advantages of selling the home yourself are clear. Firstly, you can save a fortune by not hiring any real estate agents. Realtors often take from 2% to 3% commissions out of the sale, so you can save this amount of commission if you do not get their help. This is actually the very first reason why many people choose not to hire the agents to sell their homes. They want to sell the homes themselves to save this amount of money.
The second benefit is that, you have the full control over the price and the sales process. You can set the price as you wish, then decide when to meet the buyers, when to negotiate. You can even decide the schedules to open houses and viewing. You have the full right to choose where and when to advertise your house.
The next benefit is, since you own the house and you only market that house, you will be more dedicated to the marketing job. Realtors often have many house listings to market at the same time, so each listing can not receive enough dedication as your house can get. You house will receive much more ongoing optimization.
Now it's time to talk about the drawbacks. Firstly it is the lack of experience from you. If you haven't sold any homes privately before, you'll need to face many difficulties due to your ignorance and naivety. Real estate agents have experience, skills and expertise in this business. They sell homes everyday so the selling process can be much faster. Your lack of experience can slow down the selling process. What's more, you have to keep in mind that you'll need to deal with legalities which surround the sale in the long run.
One more problem is that, most home owners do not have experience in selling homes, so setting the wrong asking price is a common mistake. They can set a lower or higher price compared with the true value of their property. They lose money if the asking price is lower; and they can not sell home if buyers come to see the house and realize its actual value does not match the price set by the owner. Therefore, if you want to sell your home yourself, you have to do some research on the local real estate market.
The great news is that you, as the home owner, can sell the home yourself with the help from many online marketing firms. For Canadians, there is Uppgroup Inc, an advanced online marketing firm expanding into real estate field five years ago. Uppgroup has been assisting many realtors to sell their listings. They have the needed expertise, knowledge and experience to help you sell your home fast.
Going private is interesting but challenging task; let's have the online marketing firms help you advertise your property widely.
The advantages of selling the home yourself are clear. Firstly, you can save a fortune by not hiring any real estate agents. Realtors often take from 2% to 3% commissions out of the sale, so you can save this amount of commission if you do not get their help. This is actually the very first reason why many people choose not to hire the agents to sell their homes. They want to sell the homes themselves to save this amount of money.
The second benefit is that, you have the full control over the price and the sales process. You can set the price as you wish, then decide when to meet the buyers, when to negotiate. You can even decide the schedules to open houses and viewing. You have the full right to choose where and when to advertise your house.
The next benefit is, since you own the house and you only market that house, you will be more dedicated to the marketing job. Realtors often have many house listings to market at the same time, so each listing can not receive enough dedication as your house can get. You house will receive much more ongoing optimization.
Now it's time to talk about the drawbacks. Firstly it is the lack of experience from you. If you haven't sold any homes privately before, you'll need to face many difficulties due to your ignorance and naivety. Real estate agents have experience, skills and expertise in this business. They sell homes everyday so the selling process can be much faster. Your lack of experience can slow down the selling process. What's more, you have to keep in mind that you'll need to deal with legalities which surround the sale in the long run.
One more problem is that, most home owners do not have experience in selling homes, so setting the wrong asking price is a common mistake. They can set a lower or higher price compared with the true value of their property. They lose money if the asking price is lower; and they can not sell home if buyers come to see the house and realize its actual value does not match the price set by the owner. Therefore, if you want to sell your home yourself, you have to do some research on the local real estate market.
The great news is that you, as the home owner, can sell the home yourself with the help from many online marketing firms. For Canadians, there is Uppgroup Inc, an advanced online marketing firm expanding into real estate field five years ago. Uppgroup has been assisting many realtors to sell their listings. They have the needed expertise, knowledge and experience to help you sell your home fast.
Going private is interesting but challenging task; let's have the online marketing firms help you advertise your property widely.
About the Author:
Uppgroup Inc. is a well-known online marketing company in Canada. Private home selling marketing is their newly-launched real estate marketing service provided for home owners looking to buy their homes privately.