Are you thinking about selling your home in Wychwood? 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 Wychwood 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.
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If you are a real estate agent then an open house is a prospecting tool rather then a way to sell the home they are showing. There are many reputable real estate agents that won't host their own property's open house. They opt for a newer agent to take on the job.
It is common for a listing agent to pass the job on to someone else even though they could be there if they wanted to be and keep all of the commission. They are offering half of their commission if the hosting agent sells the home. Real estate agents don't feel that an open house is how a home is commonly sold to someone so this act isn't considered high risk.
Despite this fact agents who tell you to hold an open house are doing it for two main reasons. Agents want to prove that they are doing everything in their power to sell your property even if they know it isn't highly effective for the seller. Mainly they are suggesting you hold an open house to use as their personal prospecting tool.
The homeowner's who do decide on an open house to increase their odds of a successful sale should hide all of their valuables and breakables before guests come over. Some agents request that you leave your valuables on display to give the home a nice appearance but don't listen to them. It is likely that parents will bring their children. If you decide to leave things in their place then it is recommended that you set up a camera because neither you nor you hosting agent can watch everyone all the time.
You may wish to contact Joe and Colleen Lane, Realtors® for more info on real estate, especially in the areas of Pasco Wa Real Estate, Richland Wa Real Estate, and surrounding Southeastern Washington Communities.
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Here are some things to think about.
Today's housing market is an interesting one indeed. A few years ago, the boom enabled people to sell their places before the sign hit the yard. There were bidding wars that drove the prices up even higher than the asking price. Properties sold in minutes or hours. This was an unusual market. A more normal time frame for the selling process is a couple of months, at least.
Now on the complete opposite end of the spectrum, we have today's market. Due to a slew of foreclosures or those sold on the auction block due to tax lien defaults and don't forget short sales, values and prices have dipped substantially, as well.
- Network: A Realtor will have a network of associates who will also be showing the house to potential buyers. With an agency, there is a team of professional on your side.
It's a difficult housing market and to move a property to the "sold!" status, it takes an experienced and determined team of pros. A full service real estate company has the tools and personnel needed to sell homes.