Getting ready to sell your home in Greendale? We all know that hiring a realtor will cost you a big chunk of your profits at the end of the process.
Obviously you want to profit as much as you can. Equity in your home is a huge bonus and can help you put money down on your future dream house. So why hand it all to an agent? Should you try to sell on your own? Or is this really the most profitable way of selling?
These are all good questions and just like anything else in life, there are benefits and downfalls to every route. You may not want to hear this, but it is important to weigh out all of your options before you make a big decision like this.
Here is a list of some of the pros and cons of selling by owner. Hopefully, this will give you some idea of what to expect and help you decide which route you should take.
Pros: Home for Sale by Owner
1. Profit More
It’s plain and simple. When you don’t involve another party, you don’t owe anyone else money. You will pay between 4-6 percent of the home’s purchase price to a real estate agent. Selling your home by owner will save you a pretty chunk of change. This is the main reason why people try to sell their home by owner.
2. Take Control Over the Sale
Selling your home by owner gives you control over the sale process. You can name your price, market your way, and stage your home however you want. You don’t have to trust someone that you don’t know, or someone you don’t agree with and who doesn’t know your home as well as you do. Everything is in your hands.
3. Schedule Showings and Open Houses on Your Own Time
Keeping your house clean is one thing, but keeping it immaculate every day is impossible. If you are selling your home by owner you can schedule showings on your own time, so you can get home and clean it on your watch. You also won’t have to wait for an agent to be available to show someone your house, you can show your home whenever you would like.
Cons: Home for Sale by Owner
1. The Appearance of Your Home Is Critical
There is more to selling a home than just showing it to potential buyers. If you want to sell it for the right price you must put a lot of work into it, so that it appears perfect to a potential buyer. You will need to have repairs made, and if it is an older home you may need to make some cosmetic changes. This can be time-consuming and very expensive.
On top of the repairs, you will also need to have your home inspected, appraised, and photographed so that you can list it. Most real estate agents will do these things for you, but for a price.
2. Low Offers on Home
You won’t be paying a real estate agent, but this also means you won’t be able to ask as high of a price for your home as you may want to. An experienced real estate agent knows how to market your home, price it right, and they will negotiate it based on the perks of your property. According to Zillow, this is the number one reason why homes for sale by owner, do not sell.
3. Lack of Marketing/Listing Resources
You probably will not have the correct marketing resources that you need to sell your home. You can list your home online, but putting it out there for buyers to sell is a whole other story. Having your home listed on all of the sites will ensure that your home will be recognized, and potential buyers will be aware of your home. Realtors will have more marketing tools to get your house sold.
Reasons for Sale by Owner Doesn't Work
If you are selling your home for sale by owner, make sure you are aware of the problems that will make it harder to sell your home.
The home was listed too high at the beginning
The appearance of the home wasn’t presentable
Not able to show home when the buyer was available
Buyers were not aware of your home for sale
Marketing did not reach the qualified buyer
If you are feeling overwhelmed with the pros and cons to sell by owner or working with a real estate agent, maybe none of these options are right for you.
So then what is your option?
It’s simple. Just work with a cash buyer like us at Fair Deal Home Buyers instead. We purchase homes as is for cash and we will get you the cash in seven days.
A cash offer is great when you don’t have a lot of time, or just don’t know if you want to go through the process of selling your home by owner. If you would like more information on our cash buying services, fill out the form below or give us a call at 414-409-8251.
Short story it was scary for me and they made me feel at ease and comforting to work with them very patient explaining and helping me understand, I am very grateful for all they done to make me feel at ease I am happy I chose that team thank All of the team that help me through this process a special thank you to Peter and Maria Rubio, again thank you to all the team
Sincerely Maria Jimenez
Response from the owner:Thank you so much, Maria, for sharing your experience with us. We understand that this process can feel scary and overwhelming, so it means a lot to hear that our team was able to help you feel comfortable, supported, and informed every step of the way.
We’re truly grateful that you chose our team, and we’ll be sure to share your kind words with Peter, Maria Rubio, and everyone who helped you through the process.
Thank you again for trusting us. We wish you all the best!
-Fair Deal Home Buyers Team
Dan was very professional and honest they all work hard to get you your money
Response from the owner:Thank you so much, James, for your kind review. We’re glad to hear that Dan was professional and honest throughout the process.
Our team works hard to make everything as smooth and helpful as possible, and we truly appreciate you trusting us. Thank you again for sharing your experience!
Fair Deal Buyers was absolutely amazing. Simple, easy, and got our house sold within a month! Didn’t matter current condition, they took care of everything! We are so blessed with having found them and trusting them. THANK YOU again Fair Deal Buyers
Response from the owner:Thank you so much, Jennifer. We’re truly grateful that you trusted Fair Deal Buyers with such an important decision. It was a pleasure helping you through the process and making the sale as simple and stress-free as possible. We’re so happy we could take care of everything and help you move forward within a month. Wishing you many blessings in this next chapter, and thank you again for your kind words!
I truly enjoy working with Fair Deal. They are professional, consistently meet deadlines, and clearly communicate the scope of work, which makes every project run smoothly. If any challenges arise, they address them quickly and efficiently, ensuring everyone involved is satisfied with the outcome.
Response from the owner:Thank you so much for your wonderful review! It’s truly a pleasure working with you. We’re glad that our team’s communication and dedication to meeting deadlines have made your projects run smoothly. Knowing that we can address challenges quickly and keep everyone satisfied means a lot to us. We really value your partnership and look forward to collaborating on many more successful projects together!
Peter was friendly, respectful, and kept his word that he wouldn't, " Low ball," us. It was a pleasure working with every person at Fair Deal!
Response from the owner:Thank you so much for your kind words, Robyn! We’re thrilled to hear that Peter made the process positive, respectful, and fair for you. Keeping our word and treating people the right way is at the heart of what we do at Fair Deal Home Buyers. It was truly a pleasure working with you as well, and we wish you all the best moving forward!
All or the people I delt with at Fair Deal were amazing. They answered all my correspondence and questions in a very timely manner. They even helped me look for my new place. I was very impressed.
Response from the owner:Hi John,
Thank you so much for the wonderful review! We’re thrilled to hear that you had such a positive experience with our team. It was our pleasure to answer your questions and even help you with the next step of finding your new place. We truly appreciate your trust in us and wish you all the best in your new home!
– The Fair Deal Home Buyers Team
This company made the selling of my home easy and stress free! They answered all questions and concerns I had. I highly recommend them if you’re in the market to sell.
Response from the owner:Hi Randi,
Thank you so much for sharing your experience! We’re so glad to hear that the process felt easy and stress-free for you. Our team always strives to provide clear communication and support every step of the way. We truly appreciate your recommendation and are grateful you chose Fair Deal Home Buyers!
– The Fair Deal Home Buyers Team
We've enjoyed working with you and I would recommend you to others. The amount we came away with wasn't what we hoped but the process was seamless and easy.
Response from the owner:Thanks so much, Mike! We’re glad we could make the process smooth and easy for you, even if the numbers weren’t quite what you hoped. Your recommendation means a lot, and we truly appreciate the chance to work with you!
Our experience with Fair Deal Home Buyers has been exceptional!!! Beza and her team definitely go above and beyond to ensure a smooth process from start to finish....very accommodating and willing to work around your schedule and will help in any way possible. Definitely will recommend to anyone needing to sell their home quickly!!!!
Beza was one of the people I worked with, she helped me out with all of my questions and answered them with out hesitation. Josh was the first person I talked to, he put my mind at ease through the process thank you both for making this a little bit easier to get through. Thanks again Scott Jackson
Our sale to FairDeal came at a time when we were struggling with our brothers unexpected death. Trying to clean his house after 40 years and finding it was in need of many repairs. We were not equipped to handle a timely sale!
FairDeal negotiated well and through the process held true to their promises to make the sale easier and efficient. Closing was straight forward and uncomplicated.
After Peter got things set up and I work with Baeza and she was very open to my problems or issues and took care of those almost immediately things were taken care of as we got closer to closing there was some unusual things happening and she settled that out and it didn't cost me anything out of the pocket just like they said. She definitely has the knowledge and understanding of what's going on with the program and how it works and how to reply to different real estate agents.
The experience with Fair Deal was great! Everything on your end was awesome! You guys did everything you said you were going to do. You made our move super easy! I would use your company again in a second! Thank you so much for the wonderful experience!
From the first call this company was caring, respectful, and fair. Everyone I dealt with was helpful and pleasant. Shared ideas to bring my 70 yr old childhood home back to its “glory days”! It was difficult for me to make this move, but knowing my home was in good hands made it easier! I recommend them 100%!
Thank you. I really enjoyed working with you. The entire process went even smoother than I could have imagined. Everyone I had contact with was extremely helpful.
I would definitely recommend your services to people in similar situations.
I love how fast the process was to sell my house. Beza Bajo was awesome to work with and helped me through a rather easy process. I would recommend her and Fair Deal if you want to sell your house fast. Alan Gross was very helpful regarding the beginning of the process.
As a disabled combat veteran it's very hard for me to do certain things. Fair deal home buyers helped me sell my home seamlessly. They were there every step of the way and the best part was it was all over telephone or computer. I highly recommend this company to anyone thinking of the next step.
I sold my home with Fair Deal Home Buyers and the entire process took about 2 1/2 months. Shan was wonderful to work with and she took the time to answer all of my questions and she really listened to my requests. I would definitely work with Fair Deal again in the future. They delivered what they promised me and made the process as stress free as possible.
Great people. Great service.
I chose FDHB from 4 companies I contacted. Their offer seemed fair and Wende sold their service. After that, I dealt with several other representatives. All fantastic people. For most of the business until closing, I dealt with Shan. She kept me up to date by text, email and phone. Unfortunately, right before the closing, a critical piece of information was omitted in the transfer to the closing office. That left me feeling like I was sold a bitter pill. I communicated this with Shan, it was discussed with her team and a fair resolution was agreed upon. It’s easy to rate a company high when all goes well but a company shows their colors when things don’t go as well as planned. FDHB really put an exclamation point on the FAIR DEAL. I would do business with them again because they really care about their client’s experience and earned my trust. Shan, you are a rock star!!