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5 Reasons to Use a Real Estate Agent to Sell Your Home Rather than For Sale by Owner

When you are considering selling your home, you may think that you can handle it on your own without working with a real estate agent. Commonly called For Sale by Owner or FSBO. We have found there are five main reasons that we can help alleviate some unforeseen frustration.

  1. Too Many People to Negotiate With

If you are selling your home on your own you will need to be prepared to negotiate with several different people:For Sale by Owner

  • -The buyer who wants the best deal possible
  • -The buyer’s agent, who solely represents the best interest of the buyer
  • -The home inspection companies which work for the buyer and will almost always find some problems with the house
  • -The appraiser if there is a question of value
  • -The bank in the case of a short sale
  1. Exposure to Prospective Buyers

Research has shown that 92% of buyers search online for a home. There are hundreds on real estate based sites on the internet. We market our listed properties on nearly all of them.

  1. Results Come from the Internet

Where do buyers find the home they actually purchase?

  • -43% on the Internet
  • -9% from a Yard Sign
  • -1% from Print Advertising (Homes & Land, Newspaper, etc.)

The days of selling your house by just putting it in the paper or a sign in your yard are long gone. We have a very strong internet marketing strategy to help you sell your home, as well as yard signs and print.

  1. For Sale by Owner is Difficult

The paperwork involved in selling and buying a home has increased dramatically as industry disclosures and regulations have become mandatory. Owners selling their own homes have dropped from 19% to 9% in last 20 years.

  1. You Net More Money Using a Real Estate Agent

Many homeowners believe they can save money by not paying commission. The catch is that the buyer believes that they will save money by not needing to consider commission. Truth is both buyer and seller cannot be winning, one of them must be getting the short end.

Studies have shown that houses for sale by owner often sell for under market value. Working with a professional can help guide you to getting the fairest price for your property.

Bottom Line

Working with a Real Estate professional can help you get your property in front of more buyers, help negotiate offers so you don’t have to, and net you more money at the end of the sale. We have a strategy to get your home sold give us a call or email us for more information.

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I have worked for the Terrell-Drager Team for several years. They are a great team to work with as a buyer or seller. I have highly recommended them to several clients and they all have been very satisfied. Give the TERREL-DRAGER TEAM a call for all of your real estate needs – you will not be disappointed.
Audrey Gibson

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Our agents write often to give you the latest insights on owning a home or property in the Smoky Mountain area.