For most people, the idea of selling their home with no help is an impossible task. Some people will choose to do it by themselves, and others will choose to employ a real estate broker. Even though selling a house on your own can be rewarding, real estate brokers can simplify the process. Looking at both the benefits and downfalls will help you make the right choice.
One of the downfalls of using a broker is the six percent commission which they typically require. Six percent of the sale of a $300,000 property can be a large amount of money to part with for many homeowners. Listing the house yourself can cost thousands less than using a broker.
Selling your own home can also give you much more control over how the job is done. You can choose who to show the property to, and do it on your own schedule. You will also be in charge of taking care of the whole process of the sale.
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Handling the sale on your own is a tremendous amount of work, and might cause many homeowners to seek the help of a real estate broker. A broker can certainly speed up the process, helping you sell the house faster. Since brokers know how sales are conducted in your town, who is searching for homes, and what can make a home sell, they can make the process less difficult. Decisions such as the selling price, and suggestions on making the house more attractive are also services a broker can offer.
Having a broker to show the property leaves you free to do other things which you need to get done. Keeping the property tidy is your only responsibility, as the broker will show it to interested parties whom they have checked out. Real estate brokers frequently provide you with prospective buyers that would have been impossible to find otherwise. And for those worried about the commission, it is sometimes reduced at certain times, or if they do not have to completely take care of the sale.
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