Pros and Cons of Hiring an Agent or Selling the House on your Own
Everyone once in a while must have had this urge to sell or can just say must take an experience at selling. Well it all seems so interesting but one must keep in mind that there is no excuse to planning and the required homework that goes into a successful sale deal. There is one very tempting aspect about selling your home on your own and that is saving the money which you pay to your agent as commission. However, the exercise must be well planned so that it does end up being a futile effort and you feel hiring an agent would have been a better preposition. Thus, it becomes very critical that a few points be very much kept in mind.
To start with if you are planning to sell your home on your own, keep in mind that you will have to give loads of your time and attention towards it. One should be very much ready at the very outset for it. Reason being that when it comes to showing your house to the perspective buyer you can do it at your sweet will keeping your comfort level in mind. On the other hand with an agent you will have to go by the appointments the agent sets for you.
Another important thing which must keep in mind is that when you sell your house on your own it takes a lot of time. One must be prepared for that. On the other hand when you hire a commission agent he has sales targets in mind and he has to meet them. Moreover it’s his job so it becomes imperative to get your house a profitable buyer faster.
We all know selling a house is a very competitive task. Keeping this in view one has to make your property stand out and catch the attention of the buyer. For doing so, the seller should be prepared to carry out some smart marketing strategies to make their property the most sought after. This all further adds to the budget of the seller and the pre-sales cost. The agent on the other hand is well attuned to the market tactics and here they have an edge over a normal seller. On the other hand many times buyers are lured towards the home owner who is the seller for the fact that the buyer may find them more naive and truthful as against the seasoned agent.
Last but not the least coming to the legal documentation of the sale, one must be well aware of the documents. All of them must be in proper order. This an agent can very well do for you as against a home owner.
Well advantages can be many while hiring an agent or by selling the house on your own. An individual has to make the choice, weigh the pros and cons and take the plunge. But at the end of the day what matters is ones comfort and also always priority should be profits.