Well let’s get straight to the point, the main reason for selling your home privately is to save money. And this is a great reason, as by not paying agents commissions you can save up to $15000 on a $500,000 dollar house. This is calculated using an agent’s commission of 3%, however they can often be higher than this.
So if an agent sells your house, and puts in around 60 hours (can often be far less and https://shakuryukou.com/ http://urzadzajzpasja.pl/ especially during boom markets) of work selling your house for $500,000, by showing people through, answering phone calls, and placing your ads in the newspaper. This means that you are effectively paying your agent $250 per hour, for something that you could easily do yourself. Why Do People Not Sell Privately..?
The main reason people choose to use agents, is because they think there is some mystique to selling a house, and also that they would not be able to handle the negotiation.
However, the simple fact is that houses sell themselves, not agents. If your house is priced well, you have put effort into the appearance, and have marketed your property, you will find a buyer, no problem.
This means that every hour you put in, you will be paying yourself $250 per hour using the example. Wouldn’t this money be better in your pocket rather than the agents?And who is more qualified to sell your house than you? You can point out all the features and good aspects of your house, small things like, this part of the house gets great sun in winter, things the agent just wouldn’t know.
How to Sell Privately..?
Once you’ve decided to sell privately all you have to do is follow these steps, and you’re on you way to cracking open the bubbly…!Step 1. Study the market in your areaTo ensure you have a good understanding of the current real estate market in your area, take the time to study current trends and pricing. Take particular notice of houses similar to yours, in your area. Lo