Lindenhurst NY For Sale by Owner - Why Go Without Representation?
I speak to For Sale By Owners in Lindenhurst NY each week. Most of them say they want to try selling their home on their own for a while. Some want to save on the commission. Others say they bought at the top of the real estate market and truly cannot afford to pay the commission. That I can understand.
Buyers hire Realtors to represent them. Why should you go without representation?
As a homeowner trying to sell your home on your own, you have no representation. No one on your side to protect you. What does representation mean to you, the seller? Here is what representation will do for you:
- First off, most buyers do not want to deal directly with the homeowner that is why those buyers have a Buyer's Agent to represent them. It's their job to get them the lowest price possible. As a Realtor representing a seller, it's my job to get you the highest price possible.
- As a Realtor, I know what the market value is on your home. Most For Sale By Owners under-price or overprice. If you under-price, you could be giving away your home without realizing it. It's my job to make sure you do not under-price or over-price your home.
- Negotiating - Once you have a buyer who wants to make an offer, the Buyer's Agent calls the Listing Agent and the negotiating begins. I go to you with the offer and you say either yes or no or you can counter. If you do this with the buyer directly things can get ugly if they low-ball you. How will you handle that? Most homeowners get upset with low offers and say it upfront to the buyer. That can turn off the buyer and they could walk away. Having a Realtor negotiating for you with the Buyer's Agent will make the negotiating process smoother and to make sure the offer is within market value.
- Open Houses - Again, buyers do not like to deal with homeowners directly. A Realtor holding an open house for you makes things more professional. The prospective buyers know you are serious about selling your home when they see you have a Realtor representing you. And, you will have more buyers going to the open house than if you hold it yourself.
- 1 website or over a dozen? When you list your home on the Internet yourself, it's only a few websites and I know one of them is Craigslist. That is free. A few websites is not enough. When you hire a Realtor from a major brokerage you can be sure you will be getting the maximum Internet exposure by having your home placed on over 12 websites. When it comes to buying a house, it's "location, location, location". When it comes to selling your home it's all about, "exposure, exposure, exposure". Why limit your exposure?
- Guiding You During The Selling Process - As a Realtor, it's my job to guide you through the rest of the process that leads to the closing table. You are emotionally involved, I'm not. So when a problem arises and you can't see a solution, I can. I'm here to guide and remind you what needs to be done next. Most homeowners have no idea what needs to be done and when. For Sale By Owners will just "wing" it and that could cause the deal to end and it's back to the drawing board.
Overall, it's my job as your Realtor to keep the deal together, resolve problems and to keep your stress-level as low as possible.
It's really not worth selling your home on your own in the end. Keep this statistic in mind: 93% of For Sale By Owners end up hiring a Realtor. The odds are against you being in the 7%.
It really is in your best interest to have representation.
Make It A Great Day!
Cell: (631) 703-0201
Office: (631) 226-5995 Ext. 242
Email: JackieC@century21aa.com
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