For Sale by Owner vs. Agent: Pros and Cons of Selling Your Home

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Selling a property requires time and effort. You may sell your home or use a real estate agent like Hometowne Realty to finalize a deal. Whatever the case, you should learn a few things about selling real estate. This article will cover everything you need to know about selling your home.

Pros And Cons of Selling a Home: You vs. Agent

Here are some factors that you must consider when selling your home:

Cost of Selling

If you hire a real estate agent, you will pay them a percentage of the total selling amount. The standard commission range is 3% to 5%, although some realtors may charge a higher fee. However, the amount you pay the agent may be less than the cost of selling the home yourself. Setting up a listing can cost hundreds or thousands of dollars.

Advertising the Property

Advertising the home to a broad market is necessary for making the sale. You must place ads in newspapers and social media if you sell yourself. In addition to the time this takes, you must include high-quality pictures of the house for these formats. Real estate agents make advertising your property a breeze because they handle all photography and placing ads. The company may also print signs to promote your property’s sale.

Negotiating With the Buyer

You will have to negotiate personally with the buyer if you don’t use an agent. This position may be a disadvantage if you aren’t well-versed in the local real estate market. In addition, the other party may underpay you and finalize the sale before you realize the actual value of your house.
Hiring a real estate agent will eliminate this issue because realtors understand the market well. They also have the skills to negotiate a fair price that will benefit you.

Selling a property yourself is complex and requires a lot of time. Hiring a real estate agent is a better option because it will save you the trouble of marketing the property and negotiating with the buyer. If you want to hire a Clayton realty company, consider HomeTowne Realty. The company is experienced and will help you buy a new home or sell your old one quickly.

HomeTowne Realty

Are you thinking about selling your home soon? HomeTowne Realty can help. Hiring an experienced Clayton realty company can save you time and money in the long run. It can also reduce your stress in a very hectic time. Contact a HomeTowne Realty office near you.

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