We are in a DIY day and age where we can head online and learn just about anything our heart desires. As a homeowner or real estate investor you might be tempted to sell your home, investment property or commercial space yourself. Here’s what you need to know first.
It Won’t Be Cheaper
If your primary motivation is to save money by selling your home yourself then you must consider all of the factors. First and foremost, time is money. You will be the one responsible for listing, marketing, and showing your home. Marketing your home in the most competitive channels costs more than you might imagine. On average it will take you twice as long to sell your home, which is twice as long that you will be responsible for the monthly expenses of your property.
Technology And Tools
The real estate landscape has changed drastically over the last 15 years or so, particularly in terms of the technology and tools utilized to list and market homes. As an everyday individual, you will not have access to the agent-only tools that really get the ball rolling. With a realtor your property will quickly populate in local online searches, but if you go it alone odds are your property won’t be easy to find online—which is key to identifying quality prospects.
The Team You Need To Succeed
Your real estate agent’s expertise must not be underestimated. They understand the local market and trends and know precisely who your target audience is. Even if you have just flipped a property, they can advise you on the little details that will make your home or property more attractive to buyers. Last but not least, your real estate agent has a team of supportive experts in place to make your home look its best. From repairs and maintenance to landscaping, home staging, and the photographer and videographers that make buyers want to see your home in person.
Once you find a buyer there is a complex process and a lot of paperwork to be completed and your real estate guide will be by your side every step of the way. Last but not least, your real estate guide knows the questions you might not think to ask along the way and has the negotiation skills to get you the best deal.