Investment PropertyReal EstateUncategorized September 3, 2023

The Hidden Cost of Selling Your Home Without an Agent

In the era of DIY, selling a house might seem like just another task you could tackle on your own. But here’s something to ponder: Did you know that homes sold without the assistance of a real estate agent usually fetch 26% less?

It’s a staggering number. Let’s break it down.

Why the drop in price?

  1. Negotiation Skills: Expert agents are trained negotiators. They know how to handle counteroffers and can fetch a higher selling price for you.

  2. Network: Agents have an extensive network. They can bring in potential buyers that you might never reach.

  3. Market Knowledge: An agent understands the current market conditions, ensuring your home is priced accurately from the get-go.

Now, let’s talk about that tempting 6% you might think you’re saving. On a $300,000 house, 26% is a whopping $78,000. By trying to save 6% on commission, you might be sacrificing a significant chunk of your home’s value.

Before you make a decision, consider the numbers. With an expert agent by your side, you can ensure that your home sells for what it’s truly worth.