Selling a home is not as simple as you may think. It takes more than simply sticking a For Sale sign on the front lawn and placing an ad in the paper. The truth is that many for sale by owner sellers don’t realize the amount of work and time it takes to sell a home. In most cases, for sale by owner sellers eventually end up turning to a real estate agent for help.
Depending on the housing market at the time you are trying to sell, there could be an unimaginable amount of stress filled paperwork involved. Not to mention the money it will cost you to advertise your home and the time you will have to take off work to show your home to potential buyers.
When selling your home on your own, there are many questions that you have to take into consideration:
1.) Do the buyers have the money in the bank?
2.) Do the buyers have good credit?
3.) Can the buyers get a mortgage?
4.) Where do you get the right forms?
5.) What forms do you actually need?
This is just the beginning. There is so much that goes into selling a home including home staging, making the appropriate upgrades and more. In reality, only about 10 percent of those who attempt to sell their home on their own actually succeed. So when it comes to the question should you try to sell your home on your own, our answer is no.
When you hire a real estate agent, they will take care of all the hard work for you. They are more than familiar with going market rates and they know what it takes to sell your home for top dollar. You will save a lot of time and frustration when you hire a real estate agent from the beginning.