by Molly Hinges
You could possibly save a whole lot of money on commissions if you sell your home without the help of an agent. However, that doesn?t mean you should necessarily do it for the following reasons.
Demanding Work
Selling your home yourself is demanding. What if you spend enormous amounts of time, energy, and concentration in your business or profession? What if your job demands that you travel a lot? Entertain a lot? Invest long hours? You somebody who has to do research on a daily basis simply to ensure that your work tomorrow and moving forward is of nonpareil quality? If you are somebody who fits any of the above descriptions, then brother/sister, you don?t need more distractions in your life right now.
My suggestion is that if your work is exhilarating, challenging, and consumes large amounts of time, you will probably be better off working with a Realtor. You would want to conduct interviews with a few agents once you have put your home up on the real estate market. Ask specific questions on their marketing methods. Ask if and how they would notify their clients about how their property is faring in the housing market. Ask for references. Only sign your name on the dotted line once you find the representative whom you are certain could do a good job and nothing less. You can get solid recommendations and a ton of insight from the best agents in the business.
About Being a Novitiate Home Buyer
You are probably a good candidate for working with an agent if you have never bought or sold a home before. The same thing is true if it has been a number of years since the last time you bought or sold. Dibs on those double quotations if you are new to your county and have not bought or sold a home in there either. Naturally, the exception to such a truism would be those individuals who are under the employ of real estate firms or other similar lenders. You may not be buying or selling your home on a regular basis, but your experience would definitely serve you well when it counts.
I would advise older individuals to enlist the assistance of an agent. In most instances these would be homeowners who have owned their property for several years, even decades. The home has appreciated - often more than the owner realizes. Now the owner wants to ?up the ante?, so to say, and is wanting to buy another piece of property, on one community level, with grounds maintenance and other exterior chores outsourced to an association. But this cannot be accomplished if they do not sell their home. One simple thing the homeowner could do would be to increase their savings from the sale, which would result in lower operating expenses for the new home compared to the old one. The idea of making a big change and the multiplicity of accompanying concerns is daunting. This is why I firmly believe hiring somebody with experience can be a boon to any homeowner.
You probably won?t prosper by going FSBO if either the first or second situation applies to you.
About the Author:
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