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Why Hiring a Realtor to Sell Your Home Will Actually Save You Money

February 14, 2014

Let me start off this post by saying I fully understand the desire to save a buck by listing your home for sale by owner.  I too like fsbopmto save money wherever I can and can appreciate other penny pinchers amongst us.  With that being said though I feel 100% confident in saying that you will actually be ahead financially when you hire a realtor to represent you in selling your home investment.  While yes there are fees involved with hiring a realtor if you can sell your house for more money because you have a realtor than you can end up ahead financially as well as save yourself a great amount of time and headache.  The reason that a realtor can generally garner more money for your home is two-fold.  First of all an MLS broker will be able to reach a much larger audience.  Not only do they have experience marketing your home but they will put your home into the open real estate market with thousands of real estate agents working to sell your home to an enormous pool of buyers.  The more potential buyers the higher the demand and the higher the price of your home.  It really is simple economics.

The second reason that you will actually save money by hiring a realtor is your target audience.  The bottom line is that most of the time, for sale by owner homes are frequented by a smaller segment group of people looking for a deal.  Chances are they as sellers are also not working with a broker or realtor.  The reason for this is that they are on the hunt for a bargain.  When people repeatedly offer you low ball offers you eventually settle on a lower amount for your house than you initially wanted.  This is a good example of losing money without a realtor.

And last but not least while we have talked about all the money you will save you will also save an unfathomable amount of time.  And really in today’s world time is money.  It all boils down to how much you think your time is worth.

So before you think about trying to save a few bucks right now instead think about the long run and how much time, money, and effort you would really be forfeiting.  If you would like any more information about what I as a realtor can offer please feel free to contact me!


From → Realtor Tips

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