• Home
  • About
  • Blog
  • Contact Us
  • Terms of Use
  • Privacy Policy
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Prim Mart

Enjoying a Country Life Style

  • The Home
    • Decor & Design
    • Cleaning & Organizing
    • Buying, Selling & Moving Homes
      • Home Value
    • Home Maintenance & Improvement
      • Electrical & Energy Use
      • Heating & Cooling
      • Home Appliances
      • Pest Control
      • Plumbing
      • Roof Maintenance
      • Security
      • Tools & Equipment
  • Outdoor Living
    • Gardening
    • Landscaping
    • Lawn Care
    • Patio Decorating
    • Farming
  • In The Kitchen
    • Recipes
      • Roundups
  • Daily Life
    • Beauty & Fashion
    • Car Care & More
    • Relationships
    • Safety
    • Self Improvement
    • Technology
    • Work & Business
  • Family & Pets
    • Family
    • Pets
    • Education
    • Family Finances
    • Wellness
  • Leisure & Travel
    • Celebrations & Holidays
    • Crafts
    • Family Fun
    • Nature
    • Travel
    • Shopping
  • Show Search
Hide Search
Home » The Home » Buying, Selling & Moving Homes » Do I Need a Realtor if I Want to Sell My House?

Do I Need a Realtor if I Want to Sell My House?

Katharine · October 16, 2018 ·

Spread the love

Twenty or thirty years ago, that would have been the best route to go. Nowadays, with everyone wanting to get maximum value at minimal costs, you have a few more options. In this post, we will look at what your options are.

Disclosure: As an Amazon Associate I earn from qualifying purchases. This post may contain affiliate links, which means we earn a commission when you purchase through these links.

A Private Sale

With the internet, private sales have become easier than ever before to pull off. All you need to do is to find a site you can list your house on, post great pictures or videos and then list the property. Obviously, if you want faster results, you’ll need to market the listing a bit.

This is easily accomplished via social media at a very low cost. It is still advisable to get the contract drawn up by an attorney, and you will need a conveyancer to transfer the property, but it is an option worth considering.

Pros

  • You save on fees
  • There is no need to worry about endless open houses
  • You get to set the price you want

Cons

  • You need to know what your property is worth
  • It can take a while to find the right buyer
  • You don’t have the resources to do the background checks, etc.
  • You’ll need to tidy up the place and stage it well

Selling To an Investment Firm

To find a suitable investment firm, you could type in a phrase like, “We buy houses Boston.” in Google. These firms specialize in property investments and so will usually take the property as it is. If there’s fixing up to be done, they’ll usually handle this after the sale.

It’s a good option if you need to sell fast – all you need to do is to find a company that offers this service. They’ll make an offer, and the sale progresses pretty quickly from there.

Pros

  • Great if you need the money in a hurry, or are falling behind on your mortgage payments
  • The firm will have contacts that can handle each aspect – from the sales agreement to the final transfer
  • There’s no waiting around for the right buyer
  • There’s no need to have a bunch of different people traipsing through your home
  • You don’t have to worry about sprucing the place up first

Cons

  • You’ll get paid a fair price, but not what you would be likely to get on the open market
  • The worse the condition of the property, the less you’ll get
  • You have to have an idea of the value of your property first

Selling With a Realtor

This is the more traditional option. The big advantage for sellers is that the realtor will advise them on how to make the most money out of the sale. Buyers do check for properties with realtors, and the company will advertise the property on your behalf.

The downside is that they’ll take a substantial cut if the house sells.

Pros

  • Realtors have resources you don’t have access to
  • They have a lot of experience in the area
  • They will provide some good advice
  • It normally won’t cost you anything until the sale goes through

Cons

  • The fees can be steep
  • There’s no telling how quickly the property will sell
  • You may be asked to make some improvements
  • You’re likely to have a lot of people coming to look at the property

Conclusion

There are alternatives to using a realtor when selling your property. We’ve given you an idea of what these are, and the pros and cons you should consider. All you need to decide now is which method will suit you best.

October 16, 2018 ·

Primary Sidebar

  • Facebook
  • Instagram
  • Pinterest
  • Twitter

Never miss a post

Search by Category

Footer

Categories

Menu

  • Home
  • About
  • Blog
  • Contact Us
  • Terms of Use
  • Privacy Policy

Archives

Copyright © 2021 · Daily Dish Pro by Restored 316

This website or its third-party tools use cookies, which are necessary to its functioning and required to achieve the purposes illustrated in the cookie policy. If you want to know more or withdraw your consent to all or some of the cookies, please refer to the cookie policy on our Privacy Policy Page. By closing this banner, scrolling this page, clicking a link or continuing to browse otherwise, you agree to the use of cookies.OkPrivacy Policy