Today, I’m diving into an important topic that could make a big difference
in the amount of money you net from your home sale.
The market is hot. There are more buyers who need houses than houses
for sale. That means your home is in demand and it’s not even listed yet!
What I’m seeing happen is a lot of sellers are thinking… Hmm maybe we
should just put a sign up in the front yard and see what happens.
Before you do that, hear me out!
The worst thing you can do as a seller in a hot market is to do it alone.
Before you head to the local hardware store for the “For Sale By Owner”
sign, finish reading this post!
I know you’re doing the math and figuring out how much selling your home
on your own could potentially save you… but I wanted to shed some light
on a few important things to consider before you decide to go that route.
If you’re looking to the internet to determine what price to list your
home at, you could be losing a lot of money.
Online home values aren’t always entirely accurate which means basing
your list price on that could leave a lot of money on the table.
Contracts and Negotiations can feel like a foreign language if you’re
not a real estate professional. Not understanding how to navigate these or
have someone work in your best interest could result in sticky situations
and money lost.
Demand – when you’re in a hot market, one of the greatest benefits to
the seller is that they’re typically in the driver’s seat. When there are more
buyers than listings for sale, your house can spark a bidding war when it
hits the market. However, without an agent helping you prep your home for
the market, price it strategically, market it with modern methods and really
get it out there, you’re missing out on that demand. You might have a
buyer or two but that isn’t going to drive the price up like it would if you
had someone working for you.
My best advice of all is before you make the decision to go it alone, do
some research and find an agent who has good reviews, comes highly
recommended and who you can learn something about before reaching
out. What does their experience look like? What are their clients saying?
Then schedule a consultation with them to see how they can help you net
the most money possible from your home sale.
If you think you’d like to try selling your home alone, be sure to download my guide, Secrets For Selling Your Home Alone.