What Are You Really Saving?
Many people, who try to sell their homes themselves, will put “Brokers Welcome” in their ads, fact sheets and flyers. This means these sellers are willing to give licensed realtors their 3% commission if they bring a qualified buyer. That leaves a perceived saving of 3% — what is typically paid to the listing agent.
In order to save that 3% listing fee, you as the seller will have to:
– Spend $1,000-$2,000 on advertising, color fact sheets, flyers, postage, signs, and internet presence
– Take time off from work or spend your personal leisure time showing the house (try to estimate what your time is worth)
– Trust your ability to negotiate the best deal with a tough buyer or a seasoned professional realtor
Pretty quickly, the perceived savings are drying up. And the selling process is more difficult than it has to be.
Think about it. Is it worth it to save a few hundred dollars? And, in the end, did you really get what your home is worth?
CONTINUE READING Working With a Realtor vs. Selling it Yourself
Contact Joe DeLorenzo Broker/Owner of RE/MAX IN TOWN at email@example.com or call 609-895-0500 x107.