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Homeowners who try to sell their own home generally use a REALTOR®.
Whether you are capable of handling a sale of this magnitude or whether you would be better off using a REALTOR® will depend on how you answer these questions.
- Are you familiar with the changing real estate market to accurately evaluate your home and set a price that will satisfy you and be attractive to prospective buyers?
- Are you familiar with real estate law and all of the regulations that affect property ownership? Are you prepared to face a lawsuit if the sale of your property is mishandled in any way?
- Do you have good selling skills? Do you know how to advertise and market your property to get the best results?
- Are you a good negotiator? Can you hold your ground when faced with aggressive buyers looking for bargains?
- Do you have the time to show your home on evenings and weekends? If you take an evening off, will you miss the one chance you have for a sale?
- Can you qualify a prospective buyer’s financial capability? Do you have the knowledge and contacts necessary to help the buyer arrange mortgages?
- Will you truly save money trying to sell your home yourself?