Are you planning to sell your home? Do you find it hard to decide whether you should go and sell it yourself or hire a real estate agent instead?
While selling through real estate agents have been the most popular option for the past few years, there are actually some interesting advantages when you choose to sell your home on your own. In fact, this option has become a better option for many homeowners.
Decide and Choose Your Own Terms
One of the benefits of selling your home yourself is that you will be able to decide on the selling terms. Most of the time, an agent will use standard terms in the agreement and they also have their own agreement. And even though they will consult with you for the price, they will most likely stick to only the basics.
However, when you sell your house yourself, you will be the one to decide the terms. You probably don’t want to reduce the price or maybe you will consider seller financing. Or you will probably prefer for the buyer not to take possession until a specific period of time. Everything will be up to you and you don’t need to listen to advice from anyone else on what will be best for you.
You are in Full Control
Another advantage is that you will be in full control of things. With real estate agents, they will come with lots of strategies and ideas and ultimately tell you on how you should sell your house.
They may even tell you to paint a room, fix something or re-shingle the roof and the moment the property is listed, they will inform you when the buyer will come by and that you must be out of the house. There is no way that you will feel that you are in control of the situation in this case.
But when you choose to sell your home yourself, you are the only one who will decide what you should do. Are you going to paint the room? Are you going to accept buyers 24/7? These will be all for you to decide.
The last but not the least benefit of selling your house yourself is that you don’t have to pay any commissions. You see, if an agent will sell your house, you need to pay them a certain percentage of the selling price.
More often than not, this can reach as much as 5% of the selling price, which can equivalent to thousands if not tens of thousands of dollars, depending on your property.
But again, if you sell your house yourself, you will never have to pay any commission. This means that you will keep all the money in your pocket. Isn’t that great?
The Bottom Line
If you are thinking of selling your home, better skip the agent and sell yourself for you to decide on your own terms, be in full control and enjoy the money in your pocket.