Maybe your new job is out of town and you need to move. Or maybe you’ve purchased a home that you are moving into, but are not ready to put it on the market yet. But selling and marketing a home for sale is a lot of work, and the last thing you want at this moment is even more work. For homeowners who are going through such an ordeal, the prospect of selling their home fast, without having to do any repairs or spend months fixing it up, can seem very appealing. But there are pros and cons to both options.
The good news is that there are pros to both approaches. If you sell your house yourself and handle all of the details yourself, you will have a higher price than if you hire an agent to do the selling for you. You don’t even have to spend money on advertising your property to the entire world; you can simply post signs in front of local shops or post fliers in local neighborhoods. And if your local newspaper doesn’t carry your advertisement, don’t despair: you can still put your property up for sale in the classifieds section or on the Internet. In addition, you won’t have to deal with any of the hassle of a potential buyer, since he’ll just walk by. With all of these perks, it’s clear that you could definitely make more money by using a professional service to sell your house for you, but does it really matter?
Of course, some people would rather work with a pro, and there are certainly pros and cons to both strategies. A professional service would guarantee you a much higher price, because it has access to more real-estate markets and therefore is in a better position to negotiate for a better price than you. But you will also have to bear the cost of the services themselves. While they may give you the highest commission possible, that may not be enough to cover all of the costs of marketing and advertising your property, as well as all of the fees associated with taking care of the sales process. Even if you choose to use a service to sell your house for you, it will still be your responsibility to do the necessary repairs to sell your home. If you don’t have the money, you won’t have to worry about that, but you will have to pay for everything else. So make sure that you have adequate funds to be able to complete the repairs and prepare your house for sale.