Have you been thinking about selling your home in Albuquerque by yourself, otherwise known as “For Sale by Owner”? Many people think it’s a good way to go, since online tools have led home sellers to believe it’s easy to do.
But in reality, selling a home is much harder than many people think. There are a lot of details that go into a real estate transaction, and a great deal of money at stake. Real estate agents train continually for years to stay on top of the game. Selling a home by yourself is kind of like getting on an airplane and telling the pilot “Hey, can I try my hand at this thing? I’ve got to learn somewhere!”
Here are some solid reasons why selling your home without an agent may not be the best way to sell your home.
1. There may not be as much financial benefit as you imagine.
One of the reasons people decide to sell their home in Albuquerque without an agent is that they won’t have to pay commission. Yet, without the help of an agent, your home may very well not fetch as high of a price, more than making up for the commission. In the end, you’ll probably get less in the net amount of the sale.
An experienced real estate agent knows how to get the highest price for your home, based on current market conditions and comparable home sales in your neighborhood. Without those factors, your home will not be priced correctly, and may not sell at all. Pricing a home too high is a sure recipe for failure.
2. Marketing a home is not easy.
Marketing your home for sale in Albuquerque is also a crucial part of the sales process. Sure, you can put a sign on the lawn and maybe post your home on social media. But a good agent will have a network of marketing channels to put your home in front of a far larger network of buyers. That makes for multiple offers on your home, and perhaps a bidding war. And you know what that means: more money in your pocket.
A critical part of that network is what is called the multiple listing service (MLS). This is sort of a central hub for real estate agents in Albuquerque to post homes for sale. All real estate agents in Albuquerque have access to this service, and as such will see your listing and arrange for showings for their clients. These listings are also sent to major real estate websites for further exposure. Without an agent, none of this happens.
3. Selling a home is hard work.
Real estate agents work long hours doing their job for a reason – selling a home is hard work. There’s so much to be done to sell a home, including inspections, professional photography, virtual tours, marketing, and more. You also have to speak with interested buyers and schedule showings. Then you have to be there for the showing itself. Then comes the process of closing the deal with the interested buyer.
We’ve just scratched the surface of what it takes to sell a home in Albuquerque. The bottom line is that you will almost certainly make more money from the sale of your home by using an experienced agent. You will also save yourself a lot of money on Aspirin.
Sandi Pressley is the top real estate agent in New Mexico. Contact Sandi and her team today to discuss all the ways her team can make your home sale in Albuquerque profitable and trouble-free.
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