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Health & Fitness

Avoid For Sale By Owner Hazards

In a seller's market it can be enticing to sell your own home, but you will be selling yourself short if you don't use a real estate agent in Encinitas.

I know what you are thinking: "An Encinitas Realtor is telling me why I need a Realtor to sell my home. Why don't I just sell it myself?" Whether you choose to utilize a real estate agent or not is your choice, but make sure you consider these facts before you make your decision.

Hazards of For Sale By Owner

Missed Deals

When it comes to accepting an offer and closing a deal, response time is crucial. Trying to take and respond to offers quickly, as buyers and agents have come to expect, can be difficult if not impossible when you are working full-time and trying to accomplish tasks of a busy schedule.

A real estate agent will not only be able to provide quick responses, but also evaluate each offer and help you understand the benefits or liabilities for each one that you receive.

Missed Marketing Opportunities

The fact of the matter is that most buyers view potential listings online, whether through the website of an Encinitas Realtor, on major real estate sites such as Trulia or Zillow, or through Multiple Listing Service (MLS) that these websites pull from.

Without a listing agent that knows how to use and access these tools you're house just won't show up on the radar and you will be missing many opportunities.

Benefits of a Realtor

Increase Profits on Sales

You may be thinking of selling your home on your own because you want to save money, but the fact is you will realistically be losing money.

According to a National Association of Realtors study, homes sold by an agent on average sold for 20% more than homes sold by the owner. This is because a skilled agent knows the market, can properly evaluate your home, and make you the most profit possible in the sale of your home.

Save Time and Money

When people consider selling their homes on their own they may not entirely realize how much time and money it may cost them.

You may not have the skill-set for some of the tasks necessary, which means that you would spend time learning about each facet, time that you can not afford to lose in today's fast-paced market. Consider these factors of the selling process that you would have to tackle yourself without a real estate agent:

  • Understanding and completing the necessary paperwork
  • Preparing your home for sale (interior and exterior)
  • Attracting buyers
  • Negotiating prices
  • Working with the lenders of potential buyers
Why spend all of that time and effort when you can have peace of mind with an experienced agent?

Choosing Your Realtor 
Make sure that you find a highly experienced, dedicated, and motivated real estate agent that has a solid reputation of customer approval and referral and has a track record of producing for sellers.

If you are interested in a consultation and free market evaluation of your home, feel free to call me, Linda Moore, at (760) 310-0234 so that I can answer any additional questions you may have.
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