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The Three Most Common Ways To Sell in Todays Real Estate World.

To my surprise, many young adults are shocked to learn that they do not need to hire an agent or realtor to sell their home.

By DealtyPublished 4 years ago 3 min read
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The Three Most Common Ways To Sell in Today's Real Estate World.

To my surprise, many young adults are shocked to learn that they do not need to hire an agent or realtor to sell their home. It seems there are more and more ads telling us not to sell on our own, that we need a realtor to help with the complicated process. Or we hear ads telling us we should just sell our home to an ibuyer to avoid any hassle at all.

So what is the truth to all of this and most importantly, what is right for you?

The truth is you can sell your own property on your own. Selling on your own is commonly referred to as a FSBO (often pronounced fizbo) but the acronym simply comes from For Sale By Owner. Perhaps you have bought and sold houses before and you are very comfortable with the process, so you feel selling on your own is the way to go. It is known that the majority of home buyers do their own searches for their home online before ever talking to an agent. So where do you list your property if you are ready to sell as a FSBO? You need buyer traffic, which means you need an online presence for your property. At YourDealty.com you can list your property for sale, for free, no commissions or fees.

If you don’t feel you are quite ready to take on the task of selling on your own, you can always hire a Real Estate agent to list it for you. If you sell your home using an agent, how do you know which agent to choose? With so many agents, how do you know which one is the best option? First, I would suggest choosing an agent that you are comfortable with, even above all of their experience or advertising. The last thing you want is to feel you were ever pressured by your agent.

The real estate agent should provide you with great customer service, be very friendly, and have some very good knowledge of the area. Nobody likes a hard pressure salesperson, or arrogance. Keep in mind this person will be the voice and face to every agent or buyer who shows interest in your property. An agent with an abrasive personality is not good for a successful and smooth transaction. It sounds easy, but one of the biggest mistakes agents make is not answering their phones and if they are not answering then they are not readily available to other agents trying to reach them. Keep in mind, it is not just you that needs to be impressed with them, it is everyone involved, from inquiries, viewings, offers, and a successful closing. Everyone should receive great service.

Becoming a very popular third choice for you to consider is selling your home is to utilize what is referred to as an “ibuyer.” The ibuyer will purchase your home from you without having to list your property or have any showings. Though this choice is becoming more popular, it is still not for everyone. The main reason most sellers are still choosing to sell their home on their own or sellers are still choosing to hire an agent simply comes down to the bottom line, the net proceeds to them. Ibuyers can be extremely convenient, however there is a somewhat large price to pay for convenience. There are typically many conditions as well. For example, ibuyers are typically only interested in purchasing homes in limited price ranges as well as limiting the areas.

So if you have a more unique property, it will likely not fit their business model.

Only you can weigh the cost, value and convenience.

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