Here’s what homeowners should know before deciding to sell their own homes.
I hear from sellers all the time who see how crazy the market is and think, “Why can’t I just sell it myself?”
Most Realtors aren’t going to tell you this, but you absolutely could sell your own home. If your goal is to get it done and over with, it’s certainly a possibility. However, let me give you a word of caution in the form of a story.
We have a client we’ve been working with for over a year. They had a general idea of what their home was worth a year ago, but decided not to sell. Then they came to us this week saying they had a neighbor who was ready to pay their price and it would be an easy deal for me.
If you’re not getting into the business, there’s no value to learning those lessons.
However, this wasn’t an easy deal and definitely not the right price for them in this market. They were going to end up leaving $60,000 on the table by finding their own buyer and not being in tune with the market.
Even if you do get a great price when selling your own home, that’s just half the battle. The terms of the offer are equally as important.
Although you can sell our house right now, should you? If you want to get into the real estate business, you should sell your home because it will help you learn the ropes. If you’re not, there is no value to those lessons you’ll learn. You can not imagine how much your home is worth in this market and how much a real estate agent can help to bring that offer up.
If you have any questions for me about selling your own home or real estate in general, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.