When it comes to selling their homes, most of people will get the help from local real estate agents while there are some will manage to sell the homes on their own. Selling the home on your own bring certain advantages and disadvantages at the same time.
The advantages of selling the home yourself are clear. Firstly, you can save a fortune by not hiring any real estate agents. Realtors often take from 2% to 3% commissions out of the sale, so you can save this amount of commission if you do not get their help. This is actually the very first reason why many people choose not to hire the agents to sell their homes. They want to sell the homes themselves to save this amount of money.
The second benefit is that, you have the full control over the price and the sales process. You can set the price as you wish, then decide when to meet the buyers, when to negotiate. You can even decide the schedules to open houses and viewing. You have the full right to choose where and when to advertise your house.
The next benefit is, since you own the house and you only market that house, you will be more dedicated to the marketing job. Realtors often have many house listings to market at the same time, so each listing can not receive enough dedication as your house can get. You house will receive much more ongoing optimization.
Now it's time to talk about the drawbacks. Firstly it is the lack of experience from you. If you haven't sold any homes privately before, you'll need to face many difficulties due to your ignorance and naivety. Real estate agents have experience, skills and expertise in this business. They sell homes everyday so the selling process can be much faster. Your lack of experience can slow down the selling process. What's more, you have to keep in mind that you'll need to deal with legalities which surround the sale in the long run.
The next problem involves in the ability to set an asking price for your home. Most home owners choose to sell the homes by themselves to save the commissions paid for realtors, but they can not set the right asking price for their own homes, which can lead to the loss of thousands of dollars. You need to research carefully before you decide which asking price to set.
These days there are many online marketing firms providing real estate marketing service for any home owners who are looking to advertise and sell their own homes. If you live in Canada, there is Uppgroup Inc. who provides the quality for sale by owner advanced marketing service.
Selling a house is a challenging task so let's get some help from your local online marketing firms.
The advantages of selling the home yourself are clear. Firstly, you can save a fortune by not hiring any real estate agents. Realtors often take from 2% to 3% commissions out of the sale, so you can save this amount of commission if you do not get their help. This is actually the very first reason why many people choose not to hire the agents to sell their homes. They want to sell the homes themselves to save this amount of money.
The second benefit is that, you have the full control over the price and the sales process. You can set the price as you wish, then decide when to meet the buyers, when to negotiate. You can even decide the schedules to open houses and viewing. You have the full right to choose where and when to advertise your house.
The next benefit is, since you own the house and you only market that house, you will be more dedicated to the marketing job. Realtors often have many house listings to market at the same time, so each listing can not receive enough dedication as your house can get. You house will receive much more ongoing optimization.
Now it's time to talk about the drawbacks. Firstly it is the lack of experience from you. If you haven't sold any homes privately before, you'll need to face many difficulties due to your ignorance and naivety. Real estate agents have experience, skills and expertise in this business. They sell homes everyday so the selling process can be much faster. Your lack of experience can slow down the selling process. What's more, you have to keep in mind that you'll need to deal with legalities which surround the sale in the long run.
The next problem involves in the ability to set an asking price for your home. Most home owners choose to sell the homes by themselves to save the commissions paid for realtors, but they can not set the right asking price for their own homes, which can lead to the loss of thousands of dollars. You need to research carefully before you decide which asking price to set.
These days there are many online marketing firms providing real estate marketing service for any home owners who are looking to advertise and sell their own homes. If you live in Canada, there is Uppgroup Inc. who provides the quality for sale by owner advanced marketing service.
Selling a house is a challenging task so let's get some help from your local online marketing firms.
About the Author:
Uppgroup Inc. is a well-known online marketing company in Canada. Private home selling marketing is their newly-launched real estate marketing service provided for home owners looking to buy their homes privately.
