June 3, 2024
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Have Your Cake and Eat It Too: Exploring All Options When Selling Home on Your Own

Selling your home can be a daunting task. The traditional route often involves hiring a real estate agent, paying commissions and relinquishing control over the process. But what if I told you there’s another way? You can have your cake and eat it too by selling your home on your own, saving on commissions, and retaining control over the sale. As someone who has worked in the mortgage industry for over 20 years, I’ve had the opportunity to work with many excellent real estate agents. The question is not whether real estate agents are good or bad. The question is, do you need their services?

 

The Changing Landscape Of Real Estate

Think back to the days when everyone used a travel agent to book flights or a stockbroker to buy and sell stocks. Today, many people handle these tasks on their own, thanks to the wealth of information and tools available online. The real estate industry is beginning to follow suit. While there are certainly scenarios where a real estate agent’s expertise can be invaluable, there are also many instances where homeowners can successfully manage the sale of their homes independently.

This shift is what saveonyourhome.com is all about. We’re on a mission to empower homeowners with the tools and information they need to navigate the home selling process independently, transparently and cost effectively.

The Benefits of Selling on Your Own

One of the most compelling reasons to consider selling your home on your own is the potential savings. Real estate agents typically charge a commission of 5-6% of the sale price. On a $900,000 home, that’s $45,000-$54,000 in fees. By selling your home yourself, you can keep that money in your pocket.

Additionally, selling your home on your own allows you to maintain complete control over the process. You can set your own schedule for showings, negotiate directly with buyers, and make decisions without the pressure of an agent pushing for a quick sale.

 

A La Carte Services:
The Best of Both Worlds

If the idea of going it alone feels overwhelming, remember that you don’t have to do everything by yourself. One of the great things about the current real estate landscape is the availability of a la carte services. You can access certain professional services while handling other aspects on your own. This approach allows you to benefit from expert help where you need it while still saving money overall.

For example, a real estate agent can assist with pricing your home correctly, ensuring you attract serious buyers without leaving money on the table. Your attorney can handle the paperwork and negotiations on your behalf, giving you peace of mind that everything is legally sound. Mortgage companies can provide pre-approvals to potential buyers, ensuring they are financially capable of purchasing your home before they even step through the door.

 

Welcoming Real Estate Agent Offers

In today’s market, there’s a shortage of homes, and many buyers looking to purchase. Whether you find a buyer on your own or an agent brings you a buyer, you can save tens of thousands in commissions if you’re willing to put in the time and effort. Hosting broker open houses can be an excellent strategy. Inviting local agents to view your home increases the chances of them showing it to their potential buyers.

One of the significant benefits is the ability to welcome offers from real estate agents without committing to a full commission. If a seller accepts an offer from an agent and pays a 2.5% commission, it can still be a great deal, provided the offer is financially advantageous. This flexibility ensures you get the best of both worlds — access to professional networks and potential buyers while saving on overall costs.

Remember, the key is to stay open to various offers. Even if you end up paying a commission, it should only be for an offer that brings significant financial benefits. This strategic approach allows you to maximize your savings while still taking advantage of the professional networks agents provide.

Conclusion: Don’t Be Afraid to Explore

Selling your home on your own may seem intimidating at first, but it doesn’t have to be. By taking advantage of the resources and tools available today, you can confidently navigate the process and save a significant amount of money. Whether you handle everything yourself or opt for a mix of professional services, the key is to explore your options and find the best approach for you.

So, don’t be afraid and don’t be scared to explore selling your home on your own. You might just find that you can have your cake and eat it too.


Saveonyourhome.com is a groundbreaking platform dedicated to supporting homeowners through the FSBO process. Our mission is to demystify home selling by providing FREE, accessible resources that empower sellers to navigate the market confidently. If you are interested in exploring the FSBO route or want more information, reach out to Yehuda Kohn at [email protected] or visit the website at www.saveonuourhome.com.

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