Selling your own home is probably a little more difficult than you think.
If you’re thinking about selling your home and looking at the market conditions, it’s tempting to try and sell it yourself. Homes are selling quickly and over asking price on a regular basis, why not just save on the commission and list the property yourself?
You might be able to sell your home for a good price and get a little bit extra in your pocket, but maybe not. The thing about FSBOs is that buyers are looking for deals on them, too.
You could be leaving thousands on the table by not selling with an agent.
The danger in selling your own property is not properly exposing it to the market. A recent client we were working with was leaning toward accepting a cash offer with no contingencies. We convinced them to list with us and they were sure glad they did. Once the home was listed, it ended up selling for $200,000 over list price after receiving 24 different offers.
I understand the thought process of sellers who just want a quick sale and an easy close. Maybe it is the right answer for you. However, you could be leaving tens, if not hundreds of thousands, of dollars on the table by selling your own home to a cash buyer.
I recommend interviewing a Realtor and spending some time with them to see what the numbers say about what you’ll sell for with one versus without one.
If you have any questions about selling a home or anything else related to real estate, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.