Free Tips to Sell Your Home Without a Real Estate Agent
San Francisco is an exciting city. The San Francisco Bay area market shows irregular patterns regarding sales and marketing. Prices increase and decrease over time. The Bay area market shows signs of growth, but most people will agree that we can save thousands of dollars without hiring a real estate agent. If your home costs $500,000, you can easily save $15,000-$30,000.
On the other hand, you can lose thousand of dollars if you are new to the real estate game. Real estate marketing is not for the faint-hearted. You invest millions, and you can gain millions, but it requires time and patience. You have to be careful.
Four reasons to sell your home without a real estate agent:
Why should you sell your home without a real estate agent? I can think of four reasons:
- You are willing to invest time and money into learning the trade.
- You have a great property, and it is going to sell regardless of who is selling the product.
- You understand the “sales & marketing” industry.
- You are a real estate agent yourself.
You can cut off the price without a middle man. You can decrease the price by 6% and offer a good price to prospects.
The technology has gifted us with great digital marketing tools. Still a significant number of customers prefers real estate agents. A house is the biggest investment that most people make in years. They would like a professional to handle the job. In San Francisco market, this fact becomes truer because average home selling price is about one million dollars.
Before you decide to sell your home without a real estate agent, let’s figure out the tasks of a real estate agent:
- Real estate agent screens your property and gives it a price tag.
- He submits your property to Multiple Listing Service. (MLS)
- He advertises the property through different media channels and networking.
- He Helps with price negotiation and financial transactions.
All realtors are not the same. Consult 2-3 real estate agents to figure out timing, pricing details and savings. Each agent offers a different perspective along with different lines of experience. Do not reject the idea of hiring a real estate agent. Depending on your location, you might not be able to work without an agent. If you plan to sell the home yourself, then these tips will help you:
Tips to Sell Your Home Without a Real Estate Agent
- You can choose to advertise your home without a broker, but the buyer may choose otherwise. In most cases, there is a real estate agent who works for both parties i.e. seller and the buyer. When selling the home yourself, be ready to negotiate with the buyer agent. Negotiation will also occur with customers. Clients may find faults in your home. Stay prepared for some criticism and emotional times.
- Real estate agents have access to the Multiple Listing Services. You can also avail this service by spending a few hundred dollars.
- Be ready to advertise your home to potential buyers. People will come around to see your home and you have to be at your best mood to deal with them.
- Create a marketing strategy. Learn how to sell your home yourself.
- Selling the home yourself requires a great deal of time and patience. Be ready to devote a good number of hours. If your time is more valuable than potential savings, just hire a real estate agent or contact us below to deal with an easier process.