There are many San Diego area homes for sale. Click here to perform a full home search, or if you’re thinking of selling your home, click here for a free property valuation so you know what buyers will pay for your home in today’s market. You may also call me at (858) 699-3895 for a FREE home buying or selling consultation to answer any of your real estate questions.
Many San Diego homeowners feel they can sell their home on their own. They think they can save money by foregoing the commission fee they would have to pay an agent and feel getting their home exposure is as easy as posting it to a few online home search sites. Unfortunately, it’s not that simple. Here are 3 reasons selling your home on your own may cost you more than hiring an agent:
- Liability involved in a home sale: When selling a home, there are over 100 pages of disclosures, contracts, reports, and all kinds of other information you need to decipher. If you are not an agent and haven’t done anything like this for years, you might miss something and leave yourself open to a lawsuit. An agent can cover all the bases for you, ensuring the “i’s” are dotted and the “t’s” are crossed. We will make sure you comply with all the paperwork so you don’t have any lingering liability after selling your home.
- Limited marketing: An agent’s marketing reach is more expansive than anything you can do as a consumer. Simply putting your home on Zillow, Trulia, and Craigslist isn’t going to cut it. We can expose your home to millions of different websites – by putting your home on the MLS, it automatically syndicates your listing to all the big brokerages, individual agents’ websites, and many other important places to get millions of eyeballs on your property. At Whissel Realty, we spend $25,000-$30,000 a month marketing homes for our clients. We do everything we can to make sure we expose them to as many people as possible, so we can get as much money as we can for our clients.
- Statistics don’t lie: According to the numbers, homes sold without an agent sell for 25% less than when a seller’s agent is involved. The listing agent typically takes only around 6%. Looking at it this way, are you really saving any money by not hiring an agent?
As you can see, selling by yourself can be a risky thing to do. Real estate experts are available for a reason: to help you sell your home for top dollar and in a short amount of time. If you have any questions about this topic, don’t hesitate to reach out to us. We would love to help you get the most out of your home sale!