While you can save a lot of money by selling your house on your own, having a real estate agent assist you with this event is a much easier way to handle it. Selling a house without an agent leaves you on your own, and selling a house is not the easiest type of asset to sell. If you decide to go through with this, here are three challenges you can expect to face as you try to sell your house by owner.
Getting The Word Out
The first challenge is getting the word out about your house. Real estate agents help people sell homes every day, and they have all the resources it takes to get the word out about homes that are for sale. Individuals that are trying to sell houses often find it difficult to advertise, simply because they do not do this type of thing every day.
Handling All The Duties
Selling a house on your own can also be difficult, simply because of all the duties you will have that go along with selling a house. Here are just some of the duties you will have if you are selling without an agent:
- Keeping your house clean and presentable for viewings
- Scheduling appointments with buyers
- Answering questions about your house
- Working out your schedule to allow for home inspections and other types of work needed to sell the house
- Negotiating on the price and terms of the sale
- Advertising and marketing
There are a lot of duties you will still have if you use a real estate agent; however, there are many more if you try selling your house by owner.
Finally, it's important to understand the challenges you may face when the time comes to negotiate. Remember, you will have no one there to offer suggestions and advice to you. Everything will be up to you, and this can be hard when you are faced with an offer you are not sure if you should accept. If you receive an offer for your house, will you know how to handle the negotiations? Will you know what the best methods are for countering the offer and convincing the buyer to accept it? Negotiating can be difficult on your own, which is why most people prefer hiring a real estate agent for help.
It is possible to sell a house alone, but it is not easy. If you decide you would rather pay someone to help you with this task, contact a real estate agency today.