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.
First we're going to look at the bright side. Financial advantage is the very first thing which urges home owners to sell the home themselves. Selling homes is a hard task and that's why the realtors take up to 3% commission out of each sale. Choosing to sell the home yourself means you'll save thousands of dollars if you sell the home successfully. Selling your home privately can help you cut costs and save your pennies.
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 advantage is, your house can get ongoing optimization since you have your full time to market it. Unlike you, real estate agents have so many listings to market and manage at the same time. They do not have enough involvement and concern in the sale as you do.
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.
One more problem is that, most home owners do not have experience in selling homes, so setting the wrong asking price is a common mistake. They can set a lower or higher price compared with the true value of their property. They lose money if the asking price is lower; and they can not sell home if buyers come to see the house and realize its actual value does not match the price set by the owner. Therefore, if you want to sell your home yourself, you have to do some research on the local real estate market.
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.
Going private is interesting but challenging task; let's have the online marketing firms help you advertise your property widely.
First we're going to look at the bright side. Financial advantage is the very first thing which urges home owners to sell the home themselves. Selling homes is a hard task and that's why the realtors take up to 3% commission out of each sale. Choosing to sell the home yourself means you'll save thousands of dollars if you sell the home successfully. Selling your home privately can help you cut costs and save your pennies.
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 advantage is, your house can get ongoing optimization since you have your full time to market it. Unlike you, real estate agents have so many listings to market and manage at the same time. They do not have enough involvement and concern in the sale as you do.
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.
One more problem is that, most home owners do not have experience in selling homes, so setting the wrong asking price is a common mistake. They can set a lower or higher price compared with the true value of their property. They lose money if the asking price is lower; and they can not sell home if buyers come to see the house and realize its actual value does not match the price set by the owner. Therefore, if you want to sell your home yourself, you have to do some research on the local real estate market.
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.
Going private is interesting but challenging task; let's have the online marketing firms help you advertise your property widely.
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.