Should you sell your Home yourself?
By Anjana Appanna
Should you venture out to sell your home yourself? If the option lies open before you, why not? Gone are the old ways of entrusting only the agent with the task of finding you an ideal buyer. There certainly are merits of having an agent on the job but they come at a hefty price. Today there are several other options that allow you to sell your home on your own.
When you approach an agency to sell your home, chances are you will not be fully informed of the various contracts available. In the normal agency listing contract, the agent you sign on earns a full commission whether he sells the property or you find the buyer. One of the less spoken about arrangements allows you to sign on with the agent, while you can also go ahead and find a buyer on your own. In such an agreement, you may have to pay your agent a full commission if he finds you a buyer. But in the case that you find a buyer for your home on your own, then you do not have to pay the agent. This kind of listing arrangement allows you to keep your options open. While you still employ an agent to find you a buyer, you can also work on the same, and hope to save on the agent's commission.
This is where your other available choices come into play. While the agent is out there finding you a buyer, you can also do your study of the market at your own convenience. With the advent of the Internet, a large number of owners have successfully managed to sell their homes. Statistics show that up to 80% of buyers start the search for their ideal home online. By advertising your property on the net, you are assured of reaching out to a larger number of people. This makes it twice as easy to sell your home.
So where can you advertise to sell your home online? There are several websites that offer you this facility. Two of the most frequented websites are ChoiceOfHomes.com and ForSaleByOwner.com. Another added bonus to this facility of advertising your home online is that you can enlist your home on more than one website, without any restrictions. The charges remain minimal while you reach out to a wider market, enabling you to sell your home faster.