Selling By Owner: What Could Possibly Go Wrong?

sold-home-real-estateRemember the time you sold your old car? All it took was a newspaper ad and soon you were standing in your driveway watching your car drive off with a stack of sweet cash in your hand. You felt amazing, like a master negotiator, victory was yours!

When the time comes to sell your home, you may be tempted by that same feeling of self-reliance. You can pick up a “for sale” sign at any hardware store, do a little googling, maybe check the prices of other houses sold in your neighborhood, and boom, you’ve just sold a house.

But here’s a reality check: Time Magazine shared that nearly 90% of home sellers choose to list with a Real Estate Agent. But why would only 10% of sellers feel confident enough to navigate the path of selling their house alone?

The truth is; things can go wrong. Many transactions run smoothly; a house is listed, shown, documents are signed, and your for “sale sign” turns into a glorious ”sold” sign. But if the transaction doesn’t move that quickly, or that easily, your agent is the licensed professional and the master problem solver that you need.

What would your Realtor possibly know that you couldn’t at least research and learn yourself? The answer really is endless, but here are a few points to ponder:

  • Are you willing to track loan processes, titles, and appraisals?
  • How will you handle inspection pitfalls?
  • What if a buyer wants to back out or make last minute changes?
  • Do you have the time to research the ever changing industry guidelines and regulations, or keep tabs on a housing market that changes daily?

Maybe you agree that you need the guidance of a licensed Realtor. But can’t you use a Realtor and save money at the same time? Of course you can choose a discount agency, but when you’re paying less the old adage holds true. You get what you pay for. The Washington Post sums it up nicely: “Your savings might be 1 to 2 percent, or $1,000 to $2,000 on a $100,000 house. Some discount brokers advertise their base service for several hundred dollars. That might include only listing your property on the local multiple listing service. But that’s probably all you’ll get.”

A full service Realtor is just that, full service. They are your committed ally with one common goal: sell your home, navigate with you through every scenario, and be your problem solver until your home says SOLD.

Come HOME to SOLD–contact a HOME agent today!

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