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If you’re ready to move into a new home, you likely want to sell your current property quickly and efficiently. While it may be tempting to sell your house on your own, there are several reasons why it’s not wise to do so. The list below discusses why it’s wise to consult with a real estate agent when selling your property rather than risk putting it up for sale on your own. 

Why Selling Your Home Without an Agent Isn’t Wise

1. Failure to Reach More Buyers

Many home shoppers turn to the internet when looking for properties for sale. It’s faster, convenient, and provides hundreds of listings. If your home isn’t included in online marketplaces, you’re missing out on a larger pool of potential buyers. An experienced real estate agent can build a comprehensive digital strategy for you. This can include using a multiple listing service to maximize visibility, running a comparative market analysis to come up with an attractive list price, and picking well-staged photos of your home to play up its best features and draw interest.

2. Lack of Negotiation Experience

real estateYou want the best price for your house, but trying to sell it yourself could mean you’re not getting a financially attractive deal. Negotiation is key when it comes to the asking price and closing costs. You also have to bargain with the buyer, their real estate agent, and home inspectors. Without prior negotiation experience, the process can be overwhelming. 

3. Unfamiliar With Paperwork

Conducting a for sale by owner transaction goes beyond putting a “for sale” sign in your yard. The real estate industry requires the completion of certain paperwork to buy or sell a home. There are mandatory disclosures that must be presented to buyers, along with the accurate submission of local and state regulatory documents. Failure to complete these important documents can cause big headaches at closing and beyond. 

 

 

When you partner with Herron Realty in Old Forge, NY, expect to work with a team of experienced and proactive real estate agents. Whether you’re buying or selling a home in Central Adirondack, including Hamilton, Northern Oneida, and Herkimer counties, these specialists have the knowledge and state-of-the-art online tools to help get you to closing fast. If you’re planning to sell your house, call (315) 369-6910 or visit them online to read about their seasoned real estate agents. 

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