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.
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.
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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.
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The whole process of the sale of our house was handled very professionaly. My anxiety was taken care of by their professional ethics and attention to my needs and concerns. Thank you once again...
I loved my experience with this company. They offered me a fair price and Beza was there for any questions or help I needed. The process was fast and trouble free. I would recommend this company for selling your home quickly and hassle free.
I don't normally do reviews, but I thought I would as another way to show my appreciation. I feel that I really did get a fair deal for my house sale. I had a lot of different things affecting my situation which caused some holdups and indecision on my end. Peter was great, always understanding and never pushy about anything. Even when I almost backed out very close to closing. The few times they had to come through the house for inspection we're quick and professional. I truly recommend this group if you find yourself wanting to sell your house quickly and painlessly. In my experience they are good people and they do their job well.Kevin Laufenberg
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Very professional experience and treat you how they would want to be treated. Doing business with. I would recommend Fair Deal Home Buyers LLC . To anyone who wants to sell. Ms.Sylvia
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This was a great process for me there were no hidden things that came up everything that was said at closing was delivered the staff was very helpfulf especially Beza she was awesome. I would highly recommend fair deal to anyone.
It was very enjoyable working with this company . They are very understanding . Hard working and move as fast as you want them too. I would definitely use this company again. Thank you very much Ben have a great day!!
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I recently had the pleasure of working with Ina at Fair Deal Home Buyers, and I must say, it was an outstanding experience from start to finish. Ina's professionalism, expertise, and genuine care for her clients truly set her apart. I wholeheartedly recommend her services to anyone in need of assistance. Thank you, Ina, for your outstanding help!
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They are great to work with. Professional, kind, responsive and straight forward. I learned getting a cash offer for a house does not have to be complicated or take a long time, thanks again!
