Want to sell your property on your own? Discover the key steps, pros and cons, and expert tips to maximize your sale price while avoiding costly commissions.
Selling your home without a real estate agent is a decision that many people consider when the real estate markets are booming. Sellers become creative in search of the highest possible profit, adopting cost-saving measures such as competitive pricing and high-ROI renovations to maximize the return on their property. However, it is crucial to be aware that this approach can turn into costly and painful mistakes.
1 – Profits Left Behind
When considering sell a house without an real estate agent, even in the most complicated markets, neighborhoods are constantly changing. Houses sold by licensed agents are worth 20% more than those sold by owners.
Avoid pricing mistakes by consulting a local agent for a personalized competitive market analysis (CMA). Agents have access to up-to-date data and know crucial factors, such as new amenities and competing properties that have not yet been disclosed. Opting for a sale without an agent can result in a significant loss.
2 – Losing the business, simple as that
Response time is crucial for accepting offers and closing deals. Delays can drive away motivated buyers. Real estate agents, in addition to providing quick answers, are essential in organizing and evaluating offers in a clear and understandable way. When it comes to selling a house without a real estate professional, the lack of a quick response can result in the direct loss of valuable opportunities.
3 – Sell your property on Your Own – Lost Time
Choosing to sell your house without an estate agent can cost you valuable time. Tasks such as appraisal, documentation, negotiation, house preparation and interaction with lenders can be time-consuming. A local agent overcomes these obstacles, saving time and money. Consider that choosing to sell your house without a real estate agent potentially means a significant loss of time and efficiency.
4 – Accidental Buyer Outcomes
Not listing with an agent means missing out on the greatest real estate tool: the Internet. Around 97% of buyers use the Internet to search for homes. Without an agent, the property is not on the local MLS, essential for agents and online portals. Real estate agents are experts in staging and presentation, crucial factors in increasing the sale price.
Don’t inadvertently drive away motivated buyers. Choosing not to use an agent can result in financial losses and opportunities. Consider the help of a professional to maximize your profits and ensure efficient and effective sales.
I’m a real estate consultant in the area of Foz do Douro and Lordelo, in the city of Porto. Specialist in mediation of quality residential properties, I work with a focus on rigor, proximity to the client and excellence in service.
Any questions or help you want, I’m at your disposal – Tel. 939 993 379.
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