The Advantages and Disadvantages of Selling Your House by Yourself

ecapz(TipWriter) By ecapz(TipWriter), 7th Sep 2012 | Follow this author | RSS Feed | Short URL http://nut.bz/w6n4yj8t/
Posted in Wikinut>Money>Property

Presented here are various advantages and disadvantages of selling your home yourself. Consider the pros and cons before making a final decision. Here are some tips on selling your house.

The Pros and Cons of Selling Your House by Yourself

Are you planning to sell your house? Are you thinking of selling your real estate property by yourself rather than getting the services of a real estate agent? Presented here are various advantages and disadvantages of selling your home yourself. Consider the pros and cons before making a final decision. Here are some tips on selling your house.

PROS

The most crucial PRO for selling your house yourself is cash. If you sell your house without the assistance from a hired agent, it could mean more cash revenue for you.

By selling the house by yourself you can save cash on commissions and other fees.

When it comes to open houses and viewing, you have the say when it comes to choosing the schedules. It is also entirely up to you where and when you would like to advertise your house for sale.

You can concentrate on selling your house, since you are only marketing your own house unlike that of a real estate agent who is handling the sale of many properties. Because of this, you will have more involvement and concern in the sale than an agent.

CONS

If there are advantages, there are disadvantages as well when it comes to selling your house yourself.

There is a good reason why real estate agents are being paid a lot of money. Selling a real estate property demands a lot of time and energy.

Real estate agents are more adept with dealing with open houses, closing sales agreements, dealing with prospective buyers, and of course dealing with legalities that surround the sale. Their skill and expertise can greatly impact the total outcome of the sale.

Now that the pros and cons are laid out for you, a sensible decision will not be difficult to come up. You have to be realistic when arriving at a decision. Do you believe you are definitely a good negotiator and demand for an offer? Can you 100% confident that you can close a deal? Selling a home is a major project. Realistically speaking, not everyone who can tackle such a big project and can remain cool and professional when transacting with buyers.

Selling your house is not an impossible task, but it can be quite challenging. If this type of challenge gets you excited and if you're willing to learn, then won't be impossible to manage selling your house without an agent's help. With some techniques and extra effort, you will be able to sell your house without the aid of a real estate agent and you can save thousands.

The choice is yours to make. Make an intelligent one.

Knowing Your Property’s Settlement Fee Closing Costs

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Comments

author avatar Sushant
31st Oct 2013 (#)

A good informative post that you have shared and thankful your work for sharing the information. Got some appealing information and would like to provide it a try.

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author avatar RES
5th Nov 2013 (#)

Well, this is good to know to about the advantages and the dis advantages of selling your home by yourself. This is going to help a lot.
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author avatar RES
27th Nov 2013 (#)

Well, this is true that there are advantages and disadvantages both of selling the house by yourself. This is one of the valuable blog post for me as it has made me aware on certain points.
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author avatar RES
2nd Dec 2013 (#)

The merits and demerits discussed on selling the house by yourself seems to be the interesting and relevant one for me, as I am planning to sell the house by myself.
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author avatar Course in real estate
9th Dec 2013 (#)

Selling the home by yourself, if one is doing so then I think he should go with these advantages and disadvantages. You have come up with simply immense details on this subject.
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author avatar CEA Approved RES Course Provid
13th Jan 2014 (#)

I am waiting for the time when property rates are going to fall, with the help of this there is going to be an increase in the property’s buyers and sellers.
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