Which is better? DIY vs. a Realtor to Sell Your Home

by | Apr 22, 2015 | Financial Services

When debating on whether or not to use a professional realtor to sell your Plumas County property, or to sell the property on your own, there are a few things which should be taken into consideration. As with all things, there are pros and cons to each decision. The following information has been gathered to serve to help you in determining which choice will benefit you the most in the long run and what’s best for your current situation.

Advantages and Disadvantages of DIY Real Estate Sales

The major advantage of selling real estate without assistance is there isn’t any brokerage fees involved in the transaction. You can negotiate with prospective buyers and settle upon amicable terms without the need of a third party being involved.

The cons of doing it yourself when it comes to selling real estate is you will be the one who must filter all of the inquiries, answer all of the questions and set up appointments to show the property. This in itself can be time consuming and frustrating. This is particularly true when you get numerous inquiries from prospective buyers who schedule appointments and fail to show up because they changed their minds at the last moment. You will also be placed in the position of price negotiation. Some buyers are masters at tugging at the emotional strings of sellers to get a lower selling price.

You will also be responsible for arranging for the title and contract preparations involved in the sale of your Plumas County home. If you are unfamiliar with the process, you may end up with a contract which protects the purchaser more than it does the seller.

Pros and Cons of Hiring a Realtor in Plumas County

Homeowners who are interested in selling their property can benefit from the use of a real estate brokerage firm which specializes in residential sales. Professionals are aware of all of the legal obligations involved in selling a residence. They act as a liaison between you and any interested party. They’re also responsible for taking care of the advertising and showing associated with the property’s sale. In addition, they field all offers made on the home and present you with the information which will allow you to make an unbiased choice free from the pressure caused by some zealous buyers.

The only downside of using a realtor to broker the sale of your property is you will pay them a commission on the sale of your home. When you look closely at the situation, you may find a few benefits which cancel out the cost and make it a moot point. First, the realtor is doing the majority of the legwork for you, saving you time and keeping you out of the stress zone. Second, and perhaps one of the most interesting points, is that a professional realtor is skilled at negotiating the best possible price for the sale of your home. Once your home is sold, the amount you pay in realtor fees is likely to be less than the opportunity cost lost from not properly understanding the market prices of property in your area, as well as the cost of your time accumulated over the many months spent trying to make a sale yourself. If you’re looking for a reputable realtor in the Plumas County or Sierra County area, look no further than the experienced and trustworthy individuals found at Business Name.

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