With the potential rewards that can be gained-saving $4000, $8000, $12,000 or more (minus your expenses) by not having to pay commission, many people wonder why less than 20% of home sellers undertake the task of selling their houses on their own. Possibly it has something to do with expertise. Many home owners who consider a self sale of their house back off when they see the level of knowledge and commitment that is needed to do an effective job. The most successful home sellers are those who take an active role in the process. Below is a list of advantages and disadvantages of selling your own home.

ADVANTAGES OF SELLING A HOUSE ON YOUR OWN:

• There is no Brokerage Fee (commission) to be paid. You receive all of the proceeds (less marketing costs). This is, of course, the biggest benefit of selling your own house.
• You are in total control of the transaction.
• If mistakes are made, they are your own.
• You are always available at the home showings, answering inquiries, etc.

DISADVANTAGES OF SELLING A HOUSE ON YOUR OWN:

• You must rely on your own instincts.
• All marketing and advertising costs are your own, which can be expensive.
• You do not have access to the Multiple Listing Service. You must hunt for buyers one at a time.
• Without all the tools in hand, you may underprice or overprice the house.
• If you are not skilled in negotiation, you may leave money on the table.

SEVEN VALLEY'S REALTY
(417) 846-0913