Why Not Sell By Yourself and Save Money?
On the surface, for sale-by-owner appears to be cheaper than using a property professional. You avoid paying the agent’s commission, so why wouldn’t you get more money from your sale?
In reality, the final price paid for a home can vary considerably based on many factors.
A good property professional will be doing their best to boost the price of the home. On your own, you may not be able to achieve the same goal.
Practice makes perfect, and a great agent typically has a lot of experience.
It’s unlikely that you can make all the right noise. You need to find the right pool of buyers. You need to be an effective marketer.
You also need to decide whether to make any improvements. You will need to be a strong negotiator.
It may still prove to be difficult to follow through with the sale.
Most homeowners tend to be emotionally involved with their homes. It’s difficult for them to work out the right selling price.
Also, there is the possibility of things going pear-shaped. You might end up with a legal battle. This could cost you a fortune in money and aggravation.
For these reasons, it’s far less stressful and profitable for most people to hire an excellent agent.