If you’re thinking about selling your house in North Park, you’re probably wondering what the difference is between selling with an agent and selling a house without an agent, also known as for sale by owner. If you are considering selling your home without an agent, you should learn about how much time and energy goes into it. Whether you decide to work with an agent or not, The Auker Group can help you sell your house in North Park without the headache of doing it yourself.
Selling a House Without an Agent
Putting Your Home on the Market in North Park
When it comes to selling a house without an agent, there are a lot of steps you need to take to get it sold. Even before you put your house on the market, you will first need to do some repairs or updates you think would benefit your home. If you were to hire a real estate agent in North Park, your agent would give you professional advice about which repairs and updates appeal best to consumers. If you don’t know anything about increasing your curb appeal, you might waste your time on repairs that don’t matter.
After you prepare your home, you need to figure out how to price your home. To price your home yourself can be done with research of house prices in the area. You can also talk with neighbors, look at tax records or pick what you think is a good price. This method can leave you with pricing your home either too high or too low. When you work with a real estate agent, however, they can use their wide variety of resources to help price your home at the right price. They have access to sales information in the area to compare prices and can prepare a current market analysis (CMA) for you to review. Real estate agents price your home at a fair price for the market and condition of the home.
If you choose to work with an agent, you might actually be able to sell your home for more money with their expertise, knowledge and negotiation skills. If money is your concern, working with an agent can only benefit you.
Marketing Your Home in North Park
When it comes to selling a house without an agent, you will be in charge of all of the marketing. This means you need to put yard signs out, make flyers, take out newspaper ads, and add information across the internet. This can be quite time-consuming and if you don’t do it, you can’t expect buyers to line up at your door.
When you work with a North Park real estate agent, they will take control of all of your marketing. This includes investing in the right marketing tools to sell your home such as creating flyers, putting up yard signs, making virtual tours and exposing the property to buyers around the world through online tools. A real estate agent will also put your listing in the Multiple Listing Service (MLS) where internet users can browse your listing at home. In addition, real estate agents have a large network of other real estate agents who might have buyers who show interest in your property.
Selling Your Home Yourself
Now that your home is on the market and you’ve begun to market it, you have to start hosting open houses or scheduling appointments with people to show your property to. This can be difficult to do if you already have a busy life. If you choose to work with a real estate agent, however, your agent can show your house at any hours as long as they have a key. This can help your home sell faster if you don’t have the time to schedule showings very often. When it comes to selling your home yourself, the process can take a long time. When an agent puts your house on the market, it goes on the MLS within 24 hours, making it easily available to view for potential buyers on the internet. Homes on the MLS have been found to sell anywhere within 2 days to a few weeks.
Negotiating Your Home Price
If you’re selling your home yourself, it may take anywhere from weeks to months to actually sell your home. When you do actually have buyers interested though, make sure you are prepared for negotiations. This is where the terms of your contract are discussed and pricing negotiations are made. It might be helpful to bring a real estate attorney into the mix for this part of your sale. If you have an agent, however, they can handle all of the negotiating for you.
Dealing with Real Estate Problems
As optimistic as you would like to be, selling your home will most likely not be a smooth ride. You will run into some sort of trouble along the day. Unfortunately, when you are selling your house yourself, you are responsible for handling all of the problems that come your way. This can be a huge amount of stress. This is where having a real estate attorney might also be a good idea to have on hand. If you’re working with a REALTOR® in North Park, your REALTOR® will handle all of the problems that come your way. Through their experience and expertise, what seem like big problems to you might easily be handled in a matter of minutes with help from a real estate agent.
Paperwork & Resources When Selling Your Home
If you remember buying your home, you will remember the large stacks of paperwork that need to be done. Well, the same happens when you sell your home. When selling a house without an agent, you will need to sift through all of this paperwork. In addition, it will be up to you to find a title company, vendors and real estate attorneys on your own. When working with an agent, they will handle all of the paperwork and the communication between the title company, lender and the buyer’s agent. They can also refer you to their trusted vendors to do home repairs or home improvements.
The Bottom Line
If you are selling a house without an agent instead of with a North Park real estate agent, you might be saving a small amount of money that would go towards commission, but you will be solely responsible for every step of the real estate process. This can be overwhelming and very stressful for one person to manage, especially if they don’t have a lot of spare time on their hands. You will also spend a lot of your time just learning how to do everything. If you choose to work with a real estate agent, you will have expertise and knowledge handling every step for you while you sit back and relax. If you prefer a stress-free experience, find a real estate agent to work with.
Let the Auker Group Help You Sell Your Home in North Park
If you have decided that putting your home up for sale by owner is too stressful and time-consuming of a process, give The Auker Group a call to help you sell your home. Selling a house without an agent is not the right choice for everyone. We can manage the entire process for you so that you don’t have to stress or use all of your free-time trying to learn about real estate. We’re happy to apply our skills and experience into selling your home in North Park for top dollar. Give us a call today at 619-814-3449 or fill out our online form to be contacted by us.