Of course, you want to get as much as possible from your home and As your considering FSBO for sale by owner- That means not paying any commission to an agent. But do you also know the risks of selling your house without an agent? Many people do sell without an agent and don’t have to pay an agent commission. But is that the best way, and does it really save you money? Real estate statistics show that “FSBO listings sell for about 5.5 percent less than comparable properties sold through the MLS.” The problem is that many people just don’t understand the many benefits of using an agent. And, on the flip side, are you aware of the risks of selling your house without an agent in Greater Cincinnati Area.
Incorrect Pricing
You know what you want to get out of your home sale, but do you know how to price it competitively for a quick and profitable sale? Pricing a property to sell requires the experience and knowledge that only an agent has. You have to know what comparable houses have been selling for in the same area, and you have to understand the local market. If you don’t, you run the risk of having your house sit on the market unsold for months – which typically means that you eventually wind up selling your house for less.
Less Marketing Reach
Marketing is a key element of selling a house. So one of the major risks of selling your house without an agent in Greater Cincinnati Area is limited and ineffective marketing. Simply put, listing with an agent gets your house more exposure, and more eyeballs on your listing mean a greater chance of a sale at the price you want. In addition, real estate marketing has largely moved on online, so not using an agent could cause you to lose out on the huge reach of online marketing.
The Time Cost
Time is money, the saying goes, and it is. Another risk of selling your house without an agent in Greater Cincinnati Area is that it will cost you a lot of time – which ultimately means that it costs you money. Without an agent, you’ll have to use up a lot of your valuable time marketing, showing your house at odd and inconvenient hours, negotiating with buyers, and rounding up all the necessary documents. Selling your house without an agent can be a huge time sink.
Ineffective Negotiations
One of the greatest benefits your agent can bring to the table is her negotiating expertise and experience. So a risk of selling your house without an agent in Greater Cincinnati Area is selling for less. Negotiating with buyers can be a tricky business to get the most for you as the seller while still allowing buyers to think they are getting something. Do you know how to get the most for your house without giving away too much in the form of concessions? Your agent does.
Legal Risk
Finally, when you sell your house without an agent, you expose yourself to legal risk. Acting as your own agent, you are legally responsible and liable for everything you do. And if you aren’t up to speed on all the pertinent laws and regulations, especially your state’s disclosure laws, you could open yourself up to a lawsuit. Then, you would have to hire an attorney – which costs enormously more than an agent’s commission.
Really, there is not a good reason not to use an agent. After reading about the risks of selling your house without an agent in Greater Cincinnati Area, you probably agree. Then, the challenge is finding a qualified, experienced local agent who can meet your real estate needs. Our agents fit that bill. Find out how we can help avoid the risks and get a better deal.
Team Sztanyo is Your Trusted Guide in Selling Your House
Selling your house doesn’t mean you’re the only one who is being paid. You need to consider all the processes and people who will be involved in order to make that sale. The first step that you need to in the process of selling your house is to recognize the different fees paid to agents versus paid to investors. If you have questions like What are the risks of selling a home without a realtor? What are the dangers of selling your own home? Then reach out to us! When you call our hotline, you’ll be connected with our real estate expert who will listen to the specifics of your situation before making recommendations and answering any questions you have.
You only need to make one stop, with the convenience of our professional hybrid agents and investors all rolled into one at Team Sztanyo. If you have any questions about which option is best for your situation, Team Sztanyo will take the time to listen. Team Sztanyo will address any of your concerns with no obligation. To learn more about how our hybrid agents and investors can help you solve your problems, contact Team Sztanyo at (513) 813-6293 today and get started.
When you call, we listen. We want to find out what is causing you stress, how fast you need to sell, and how we can help you