5 reasons Why you don't need an Estate Agent
Published: 26/05/2009
For homeowners, there are lots of reasons to bypass real estate agents and sell your property privately. You can save on agents fees. But despite this huge potential savings, many home sellers especially in today's tough housing market feel that a real estate agent's expertise is essential.
Five good reasons to sell your home privately FSBO:
1. Just point and click: With the rise of online real estate search tools, homeowners are no longer beholden to real estate agents for the resources and information they need to sell property. The Internet has essentially changed the face of real estate with 80% of buyers first looking at the internet for their new home.
2. You can market yourself: With online platforms designed specifically to market the homes of sellers not affiliated with agents such as offplanpropertyexchange.com homeowners no longer need agents to get their property in front of prospective buyers.
3. Agents aren't appraisers: Appraisers not agents are the key to getting an accurate home valuation, An agent is going to give you their perspective based on what they are seeing, however they have no true professional training in that aspect. Home sellers working without an agent can obtain the services of an appraiser on their own for roughly $200 to $300 But even if you used an agent, you would still bring in an appraiser.
4. Agents aren't lawyers: Real estate lawyers are responsible for ensuring that documents and other legal matters pertaining to the sale are in good order. There is a myth that the agent helps you with this paperwork.They may offer direction, but they are not legally capable to provide that expertise. As is the case with appraisers, independent home sellers can find a real estate attorney on their own to deal with the legal aspects of the process.
5. You can do what an agent can: The main service that real estate agents provide is convenience. All of the services they offer finding a real estate attorney, coordinating home viewings, and so on can be done by any homeowner willing to put in the effort. For sale by owner may not be as difficult as you think.