Is using a real estate agent the best option to sell your home?
Is it advisable for Solano County homeowners to sell their homes without using a real estate agent? And perhaps, more importantly, does it make sense? And, if so, what is the best option?
Undoubtedly, property owners must be cautious when making such important decisions. Obviously, selling a home is not the type of transaction most people undertake on a frequent basis. Therefore, it is more than sensible to consider the following considerations.
Obviously, there are certainly commission costs that will be minimized if the decision is made to forego the services of a real estate agent professional. However, those trying to save money could find that it could end up costing them a lot more than originally anticipated if there is no one to seek out advice. A DIY (do it yourself) approach can result in costly mistakes if the buyer demands concessions and the seller feels pressure to abide to expedite the sale. Clearly, not all buyer requests should be perceived as evolving into deal-breaking demands.
Though honestly, selling a home does not fall into the category of requiring the education involved in being a rocket scientist, the sheer amount of required activity, documentation and paperwork can initially appear overwhelming. But, that does not mean a seller cannot use the services of a real estate lawyer to process the basic documents offering a vastly reduced transaction cost – as long as, the sale does not include too much of the lawyer’s expensive billable time.
Or another option. You consider yourself fully capable of selling the home yourself. People with a minimal amount of real estate education and access to any number of help-yourself web sites, can in fact complete a legal transaction. The downside is the obvious potential liability. Self sellers must be able to defend themselves – sometimes in court – if the transaction becomes contentious resulting in litigious activity.
Perhaps, the optimal alternative for homeowners looking to sell while maximizing financial gain and simultaneously minimizing aggravation and liability, would be contracting with a reputable real estate investment firm. Like any other business, there are multiple options to choose from. The bottom line, do your homework. Look for real estate investment companies with local expertise offering the fairest prices with in-depth knowledge of highly comparable properties.
Whatever you choose. Be thorough in your decision. The amount of net funds you realize could vary greatly.