Sell it yourself or use a Broker
Before I begin explaining and pointing out the pluses and minuses of selling your home yourself let me start with saying I would love to list your home for sale but I’m not going to imply that you can not list it or even sell it yourself. I have even included a For Sale By Owner Tip Guide to help you list and sell it yourself toward the bottom of this blog. Homes for sale by owner Tulsa OK. is a popular search and I wanted to point out the pluses of listing with a Realtor but also provide information to help you sell it yourself.
Selling your home on your own can be tempting when it comes to cost savings, but many property sellers are wondering—is the savings worth what they might have earned on their house sale if they had used a broker? In Tulsa’s real estate market, the trend is to go with an experienced broker as it is in other marketplaces nationwide, but some sellers are quite adamant about trying to sell their home on their own. Before you make your final decision, however, it’s important to understand what you are likely to miss out on without the assistance of a professional real estate agent.
Show Me the Money
Not everything in life comes down to money, but when it comes to making money on your home investment, money is at the heart of the equation. Moreover, money is the number one reason why many sellers decide to go it on their own and eliminate the realtor from the picture. Sellers who decide to sell their property by themselves typically don’t want to lose sale money by paying the real estate agent’s commission. Unfortunately, many of these sellers don’t take time to research realtor commissions versus seller profit margins. Statistics show time and time again that real estate agents procure a substantial profit margin that more than makes up for their commission.
According to the National Association of Realtors, the average for sale cost of a sold-by-owner home was $185,000. On the other hand, the average sale price with a realtor was $245,000. Earning more on the sale of your home means a well-deserved commission for your hard-working realtor and more profits that go straight into your pocket.What’s Your Home Worth
The Paperwork Nemesis
The paperwork associated with a home sale is a veritable nightmare. Many sellers who opt to sell on their own eventually wind up hiring an attorney to help them with the paperwork. For the cost of an attorney, sellers might as well work with a real estate agent who’ll do much more than simply handle the paperwork. Sellers need to carefully vet potential buyers, which means there’s paperwork to handle there, but they also have to ensure that all the disclosure and inspection paperwork is in order to. One slip up can result in the loss of the sale or even a legal dispute—and just imagine how costly that could be!
Selling by owner is a marketing challenge that is fraught with obstacles. Posting a sign in your front yard is a good idea, but no matter how many signs you post in your neighborhood, they are never going to be able to market your home the way your real estate agent can. Your realtor has access to databases that literally have a national audience. Even if you try to market your property on Craigslist or shop it to your Facebook friends, it will not attract the same amount of prospective buyers that a real estate agent can drum up. Tom Coleman a Broker Associate at Keller Williams, for example, has access to all of the Keller Williams’ marketing tools and resources. He also has his own internet marketing second to none to help you sell your Tulsa home for the best possible price.
In addition, a real estate agent like Tom Coleman is highly skilled in the field of digital marketing. Facebook simply isn’t the best venue for marketing your home or commercial property. To make a lucrative sale, your agent will be posting your home on the best internet platforms for real estate. Have questions or need a Realtor Call Now 9187307075
If you work, showing your home can be incredibly difficult. Tulsa homes for sale by owner means you’ll have to set up times that are convenient for potential buyers to visit your home. If you only schedule when it’s convenient for you, just imagine how many buyers you could be missing out on. When you work with a real estate agent, they can easily show your home when you aren’t there. In fact, many potential buyers feel less “under the microscope” and more relaxed when the seller isn’t actually present. They can ask the realtor questions that they might pause to ask a seller because they no their questions won’t insult the agent. The fact is, the more you show your house, the more potential buyers might put in an offer for it. Even if you have plenty of time at home, you simply might not be up to meeting with every buyer who wants to look in all of your rooms and cupboards.
When you work with a real estate agent to sell your Tulsa home, you can expect a level of professionalism that will help you sell your home for top dollar. Sellers who go the Tulsa for sale by owner route may miss important selling strategies like professional photos, Internet marketing, and staging. A savvy real estate agents sells properties for a living, so they have a portfolio filled with winning strategies and ideas for marketing your home to your advantage. They will also line up potential buyers who are ideal matches for your property, which can definitely cut down on the time your house sits on the market.
Build the Commission into Your Asking Price
In many cases, sellers who work with a real estate agent will bump their asking price so they don’t take a loss when it comes to the agent’s commission. This can be a successful strategy as your agent will have the skills needed to promote your home’s best features across a wide marketing landscape. Consequently, home sellers can forgo the headache of dealing with the sale and still get the asking price they need to safeguard their investment.
If you are considering selling your Tulsa home, be sure to consider these aspects of for sale by owner real estate transactions. With the market for such transactions shrinking nationally, it only makes sense to discuss how an agent like Tom Coleman can help you get top dollar for your Tulsa home and property. Tom brings a wealth of selling skills to the table and can tell you exactly how he intends to promote your home. A great real estate agent is adept at communication. Tom will keep you in the loop every step of the way as he works to help you achieve your real estate goals. Have questions? Call Now 9187307075
Click to download For Sale By Owner Tips Guide
No worries I’m a local Keller Williams Broker Associate in Tulsa, Oklahoma. The guide is real and free!
If you find my Guide useful and it helps you sell your home maybe you will use me to find your new home.