Top 4 Disadvantages of Selling Your Birdland Home without a Real Estate Agent
Selling your property to buyers looking for homes for sale in Birdland Pleasanton CA can be a lengthy and complex process. While saving on real estate commissions can be immediately appealing, listing your home for sale by owner (FSBO) has some disadvantages which will either cause you not to net the most amount of money or even not get your home sold at all.
Here are some drawbacks of selling your home without the help of a real estate agent:
Lack of resources for advertising
One major disadvantage of selling your home by yourself is the lack of resources available for advertising. Having a real estate agent who specializes in marketing homes for sale in Birdland Pleasanton is really beneficial because agents have access to the Multiple Listing Service. They use this to market your property to all other agents. Real estate agents are also knowledgeable when it comes to popular marketing strategies like signage, ads in newspaper and magazines, mailings, open house, flyers, internet, networking groups, company contacts, as well as past and current contacts.
The sacrifice of time
Selling a home is no piece of cake. It takes time, energy, and a lot of patience and knowledge of legal requirements. One huge disadvantage of not working with a trusted real estate agent is the sacrifice of time. You have to research the market and learn legal and financial details involved in selling your home. You also need to advertise the property, create marketing materials, schedule and show the house, negotiate contracts, and more. Aside from that, FSBOs tend to attract buyers who are just looking. Those appointments can also take up much of your valuable time.
Not knowing your home’s value in today’s market
Sellers who try to sell their home without a real estate agent often make the mistake of pricing their home too high. As a result, buyers are turned off and the property sits on the market for months. When a home languishes on the market, buyers begin to speculate that there might be something wrong with the house. This means that you would have to market your home competitively and do all the arduous and tedious research needed to find the average sales price of similar real estate properties for sale in Birdland Pleasanton. A real estate agent can help you because these professionals have access to updated sales information through proprietary records.
Another disadvantage has something to do with buyers’ notions. There are some buyers who believe that since you are selling the house by yourself and not paying a commission, then they should be the ones who should get the savings and not you. There is also an idea that if you choose not to work with a real estate agent, it’s because there is something wrong with the house that you are trying to hide. Clearly, that is not the message you would want to convey to buyers.
Consider these disadvantages before you decide to sell you home. Having an experienced and trusted real estate agent by your side will make the home selling process easier for you.
Check out http://www.HomeValuesPleasanton.com for more home selling ideas, and for a free market evaluation of your home in Birdland.