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For Sale By Owner Or A Real Estate Agent What Is The Best Way To Sell
f you want to sell a behalf. If you don’t know how to
property, you can choose to do all this, you will have to
sell the home yourself or factor in learning time, as well.
you can choose to sell your
property through a real estate
agent. A professional real estate 2) What is my knowledge of real
agent can attract buyers, market estate? Real estate agents rely
a property, and can get you a on an agent network and previous
great price on your home. On the experience to sell a property. If
other hand, an agent takes real you do not have knowledge of real
estate commissions that can estate but want to sell your
average 5-8% of the selling home, you will want to research
price. By using a real estate the market before you place your
agent, you are also effectively property up for sale.
giving another person control of
the selling process. If you are 3) Am I qualified to screen
having a hard time making your buyers and negotiate contracts?
decision, ask yourself a few If you want to go the “for sale
questions: by owner” (FSBO) route, you will
need to hire professionals to run
1) What is my time commitment? If background checks and research
you are in a hurry to sell your sellers. In general, you will
home or don’t have a lot of time, want to hire someone who can
you may want to let a real estate ensure that buyers qualify for
agent handle the many tasks financing and you will want to
associated with selling a hire a real estate attorney to
property. An agent will generally negotiate and draw up contracts.
screen buyers, market your house, However, you will still have to
show the property, do all the rely on your own instincts about
paperwork, and negotiate on your which offers and which buyers are
a good fit for you. buyers lined up before you even
put your property up for sale. If
4) Do I need to stay in control your home is in a very desirable
of the buying process? Many location or is highly desirable
property owners choose to sell for some other reason, you may
their home as a FSBO property face a buyer’s market, no matter
because they want full control of what is happening with real
the selling process. As the estate. If, on the other hand,
seller, you can choose the price, your area’s real estate market is
advertising strategy, open houses a buyer’s market or if your home
and much more. If you sell your is undesirable to potential
home yourself you can choose to buyers for any reason, you may
see buyers by appointment and have a harder time selling it
manage every aspect of the sale. yourself.
A real estate agent may have
their own ideas about the best 6) Could my emotions get in the
way to sell a home. Also, way? Selling real estate is all
consider that you know more about about emotions. You must engage
your property than an agent. If with buyers and be pleasant in
your home has special qualities negotiations. If you want to sell
that a real estate agent does not your home, you can’t be too
appreciate, you may be able to attached to the property or a
offer more information and help particular price.
to potential buyers.
7) Would a hybrid route make
5) What is the market like? If it sense? While most property
is a seller’s market, you may not sellers think that they have to
have any trouble finding buyers choose between a real estate
and good offers for your home. In agent and a FSBO strategy, this
fact, you may have potential is not the case. You can offer
your home for sale yourself but hire a real estate agent is a big
hire professionals such as step. Think carefully and answer
discount brokers, all the above questions before
"paid-for-services" agents or you decide. The right selling
settlement agents to help you. strategy can save you a lot of
You retain control of the selling hassle, so choose wisely.
process but pay a commission to
these agents to help you find This article is free for
buyers. reproduction provided that the
author biography, complete with
Selling your home can be links, is included along with
nerve-wracking. Deciding whether this disclaimer.
to do it yourself or whether to
About the Author:
Eric Bramlett currently manages his Austin Real Estate website, his Austin Real Estate company’s website, & his Austin Lofts Guide.
Read more articles by: Eric Bramlett
Article Source: www.iSnare.com |
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