Most people think you need an agent to sell your home, but we want to prove otherwise. We want to share with you the advantages of selling your home yourself!
The first one might be a bit obvious, but….
Real estate agents have the authority to charge a commission fee of 6% or more on the sale of a property, even if the homeowner ends up selling it on their own. This commission fee is in addition to other expenses like administrative fees, marketing costs, and photography expenses. Opting to sell your home directly can save you a significant amount of money in comparison to using an agent.
While selling your home directly may require some extra effort on your part in terms of advertising and showing the property, the potential savings can alleviate a lot of stress when it comes to moving into a new house. Moving can be an expensive process with various costs that come up unexpectedly, and having some extra cash on hand can help ease the financial burden. Therefore, opting to sell your home directly can be a smart decision, allowing you to keep more of your hard-earned money and making the entire moving process run more smoothly.
You Run The Show
When you work with a real estate agent to sell your home, they typically take control of the selling process, including scheduling showings. While you are the owner, the agent will be the one arranging and coordinating showings, often at inconvenient times like evenings and weekends when you may be asked to leave the premises. This means that you need to keep your home in pristine condition at all times to accommodate these sudden requests for showings.
However, when you sell your home directly, you have the freedom to schedule showings according to your convenience, avoiding the stress of having to make last-minute arrangements or leave your home on short notice. This allows you to maintain a comfortable living environment while still showcasing your home to potential buyers at a pace that suits your lifestyle.
Your Terms, Your Way
Real estate agents are primarily focused on making money from the sale of your home, which means they may prioritize their own financial gain over your best interests. They may not be willing to negotiate on the price, even if you are open to it, as they stand to make a larger commission if the sale price is higher. This can create a conflict of interest between the agent and the homeowner. Selling your home directly allows you to have more control over the negotiation process and ensure that your best interests are being represented.
Selling your home directly provides you with more flexibility and control over the entire selling process. You get to decide all the dates, including when the new homeowners can move in and when you have to be out. You can also set the terms regarding what repairs you are willing to make and how much you are willing to spend on them. When you work with an agent, they may prioritize their own interests over yours and try to persuade you to make repairs that benefit them financially. However, when you sell your home directly, you can negotiate the contract and make decisions without any pressure or influence from an agent. This allows you to have complete control over the selling process and ensures that your best interests are being represented.
Few Cash Sales Fall Through
Finding a cash buyer for your home can be incredibly beneficial, as it can save you both time and money in the selling process. Unlike working with a bank, where the closing process can take several months, cash buyers can typically close within a couple of weeks. Additionally, you won’t have to worry about your buyer securing financing, which can often lead to delays and uncertainty. Cash buyers are also more likely to follow through with the purchase, which means you can avoid spending money on repairs, staging, and other sales-related expenses that would otherwise be necessary to prepare your home for a traditional sale. In the end, selling to a cash buyer can be a stress-free and profitable experience for homeowners.
Selling your home yourself will save you time which equates to money saved. Think about all the extra cash you will save on taxes, utilities, insurance and the mortgage by selling your home faster! While a cash offer might be lower than what you would list it for, many times you end up with more money in the long run after all of the fees, commissions and other costs are taken out. Not to mention the stress and headaches of having your home on the market. (imagine people driving by constantly some even peeking in your windows! It happens!)