Information and Tips on Selling Your Home Yourself
While the lure of saving the cost of real estate commissions is attractive, owners should evaluate their own marketing skills before attempting the "do-it-yourself" approach. Once you learn all that is involved in the marketing of homes, you may want to rethink that decision.
Acting as your own real estate agent, you will be responsible for the following:
- Having the market price of your home evaluated
- Design, schedule and post your real estate ads
- Screen callers to determine the truly interested parties
- Evaluate and pre-qualify potential buyers
- Book appointments to meet with clients
- Be available to potential buyers to show your home, on their schedule
- Be knowledgeable about the legal intricacies of accepting home offers
- Fairly and effectively negotiate offers and counter offers.
- Be able to accurately execute all legal documentation in a timely fashion
All of these requirements take time and money to execute. You will be responsible for your advertising costs. When it gets down to the legal part of the transaction, chances are you will hire a notary or real estate lawyer for advice or to have them complete that end of the sale. Also consider that the longer your home remains on the market, the more time and money you will be putting into the sale.
It's not a simple process, however if you are convinced you can do it yourself I don't blame you for trying. However if you want an expert with experience working on your behalf, please feel free to contact me at any time.