Are you thinking about selling your home in Black Creek? Have you been thinking of selling it by yourself instead of hiring a real estate agent? There are several advantages of selling your home yourself, but there are disadvantages as well. To make it easier for you to make a decision find the most important pros and cons below.
The most important PRO for selling your home yourself in Black Creek is MONEY. Selling your home without the help of an agent means more Money in your pocket! By selling it yourself you save the commissions and fees. – We are not talking about pennys, we are talking about THOUSANDS of dollars which you would have to pay an agent. Another advantage is that you are able to decide the times for open houses and showings. It is also completely up to you where and when you want to advertise. Unlike a real estate agent who is selling many houses, you can focus on YOUR house, because you are only selling your own house. It is obvious that you will have more interest in the sale than an agent.
How to Find the Best Black Creek,Toronto Based 1 Bedroom Apartments ?
Newsletters - they're the non-threatening way to stay in touch with the people important to your success. That would be past customers and clients, your sphere of influence, and current prospects. If you can afford it, include your farm area.
Done correctly, a regularly scheduled newsletter can create a loyalty that prospecting letters, postcards, and advertising never could. They're like little gifts that you send with no obvious expectation of return. They make your readers slightly beholden to you, while creating a warm and friendly feeling.
Letter by letter you become a trusted friend - a friend they'll call the next time they need a real estate agent, or to whom they'll send their other friends.
So what goes into this newsletter? News, of course.
Let your readers know what's happening in the neighborhood. Did a business open, close, or change hands? Is there a new housing development coming in? Did a landmark building just get torn down? Folks like to know these things, and because you're in the business of knowing, they'll come to count on you to let them know.
The next question is how to send it. I really believe that a hard copy in the mail means more to people than an email. They'll pass it around to family, and even show it to friends if you've offered something interesting. And... it just feels different. Somehow more important. If you're sending quite a few, it is worth the expense and trouble to get a bulk rate permit from the post office. You'll have to sort, but at about 1/3 the price of regular mail, you could easily hire a high school student to do that and still be money ahead.
Be sure to include your photo on your newsletter, just as you do on your cards. Not everyone is a whiz at remembering names, but most of us remember faces.
Don't let anyone forget you - send them a newsletter. Do it monthly if you can, but at least quarterly.
Do Open House's Sell Homes?
Experts estimate that most people who use a Realtor will pay as much as 10% of your selling price in costs associated with selling. The cost of selling a home yourself can range from 4% to 8% of the selling price of your home. When you're estimating your expected gains, remember that the cost of selling a home can be deducted from that figure for tax purposes.
To give you an idea of what the costs of selling a home in the current market are, take a look at the information below. We've included estimated costs based on a $250,000 home sale, as well as some tips for lowering or eliminating them to lower your overall cost of selling your home.
If you list your home with a Realtor, expect to pay 4 to 6% of the sales price, or $8,000 to $12,000 in real estate commission.
Tip: Shop around. Real estate commissions aren't written in stone. A Realtor may be willing to accept less of a commission in a slow market, or you may be able to save money by contracting with a Realtor for specific services only rather than a contracted listing.
The cost of moving from one home to another are included in the cost of selling a home. It may be as little as $1000 to as much as $12,000 for a cross country move. Let's be conservative again - $3,000
Other relocation costs
You may need to replace appliances, pay off school transfer or gym fees, or pay storage for your furniture. There are many unexpected costs of selling a home which may amount to nothing, or add up to a good chunk of change.
Even without adding in other relocation costs, you can see how the cost of selling a home can reduce your final cash gain. The good news is that most of those costs are deductible on your taxes.