Digi Bits

Friday, October 07, 2005

Secrets to Selling Your Home Yourself

In this super hot housing market, many people have turned away from high real estate agency fees and started selling their home privately. Many buyers actually prefer to buy straight from the source. They find that the real estate agents are only high paid sales people. If you are an owner and selling a property yourself it can have many advantages over signing with an agency.

Many agency have strict contracts. For instance they demand 6% of the sales price even if there agency are not the ones that find the buyer. Many agencies also demand that only their agency can sell your home. So if your home has been sitting on the market and no one is coming to look at it, you still have to sit there while your agency tries to find a buyer.

If you sell your home yourself, you can advertise anywhere you like, whether on the front lawn, newspapers or internet. You don’t have to worry about your home not getting any attention. With the hottest market in years, there are plenty of people dying to get their hands on a house and are ready and able to make a great deal.

By selling your house on your own, you don’t have to pay 6% commission. For a lot of people 6% of their home is a lot of money that can help with decorating, fixing up or moving to their next house, why give it to someone else for little or no work. In today’s hot market, some houses sell in a few weeks.

So if you want to make the most out of your invest sell your home on your own. You’ll be happy that you were able to sell your home on your terms and that you didn’t have to give away a large portion of the profits.