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Realtors work with buyers that have been pre-qualified or approved, so the chances of the deal closing, is greater.
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It takes knowledge and skill to create offers that protect the parties involved. Lack of knowledge could result in issues being overlooked and potential legal issues.
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For Sale By Owner, to a buyer means that they can offer you much less than you're asking because they know you don’t have to pay commissions, which will result in a lower selling price.
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Real estate representatives work with buyers and sellers. If you list with a representative they might already have potential buyers for your home.
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The longer your home is on the market, the more buyers think that there is something wrong with your property because it still
hasn’t sold.
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Realtors are experienced negotiators, the average buyer and seller are not trained to reach equally agreeable terms, which result in a win- win outcome.
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Time is money. By trying to sell your home yourself, you would be responsible for doing all the tasks that a representative would do for you if you used their services, such as arrange showings, advertise, conduct open houses, check out the competition etc…The average working person does not have the time or patience to do all of
these tasks.
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The commission you think you will save will be offset by higher legal fees and a lower selling price. |