The benefits of selling without a real estate agent

| | 3 minute read

Everyone selling a property tends to want the same outcome from the sale: For it to be convenient, to find a buyer willing to pay a top price, and not to incur unnecessary costs. If this sounds like you, you might want to consider selling your property without the assistance of a real estate agent. While it may seem overwhelming to some, selling without a real estate agent can actually be super simple, with sites like www.buymyplace.com.au to assist you in the process. Here are all the benefits of selling your place on your own.

There is no Middleman to Deal With

Without a middle man, there is no need for you to wait for their callbacks, strategies and trust the way they do things if you are not comfortable with. In addition, if you have the negotiating skills you think can get you a suitable deal, you might find you’re a natural at going agent-free in your journey to sell your place.

You Know More about the Place than Your Realtor

Since you are equipped with the knowledge of best things in your house it is arguably easier for you to market the place than someone who is a complete stranger. You can bring up these pointers when you are discussing the price with a prospective buyer. This also helps you accept the deal you end up with. Otherwise the deal the realtor proposes to you might feel like is not good enough.

Price Flexibility

The one reason that buyers like to see houses that have no realtor with it is because they believe they will be able to save money as the seller is able to let go of many costs – which is true. As a seller not bothering with a realtor, you are not burdened by a cost that compels you to push up your price validating it with the convenience of a real estate agent to your prospective buyer. This also helps you attract a greater number of prospective buyers in less time than those who hire realtors.

If you Have Sentimental Value Attached to Your House

If you want to talk to the people who are about to buy your place and the memories that go with it, it might be best that you carry out all the discussions and negotiations on your own. This helps you learn more about these people, and you are able to feel good about the idea of passing on your property to people you like.

Saving Money

The biggest advantage by far is the fee you save yourself from paying to a realtor. You could be better able to profit from the whole experience and maybe even put up the property at a lower price on the market than your competitors. If you are in a hurry to sell your property, this could also be an advantage. 

Further reading

http://www.thefinancialblogger.com/6-reasons-why-i-will-not-use-a-real-estate-agent-to-sell-my-house/

https://www.trustedchoice.com/insurance-articles/home-family/buying-house-without-realtor/

This article was originally written by John Cole for BuyMyPlace.com.au

 

Add a Comment

You might also be interested in

Calculating Depreciation on an Investment Property

Depreciation of a property is something that investors try to avoid. However, Australia’s tax laws can help you deal with depreciation in several ways. You just need to avoid the tax traps many fall into.

Explaining Loan to Value Ratios

The Loan to Value Ratio plays an important role in determining how much risk lenders attach to your home loan. You need to understand what it means and how it may affect your ability to borrow.

The Benefits of a Mortgage Offset Account

Interest is the biggest burden you face when taking out a home loan. Anything you can do to keep interest payments low will benefit you in the long run. A mortgage offset account allows you to do just that.