This article contains my opinions. Some material in this
article may be affected by
changes in law. I am not engaged in the rendering of
investment, accounting, or legal services.
If these services are required, I urge the reader to obtain
them from a competent professional.
Much of what follows may sound as though I am also trying to
talk you into using a real estate
professional. I confess, I am. For most home owners, selling
is a rare event. Selling without
the assistance of an experienced real estate professional is
like representing yourself in court.
As they say, you will be sure to have a fool for a client.
Aside from the skills required, selling a
home is a lot of work . Add up all the hours real estate
professionals spend selling a home then
subtract their numerous out-of-pocket expenses and you’ll find
they end up earning less per
hour than any other comparable professional. In short, they’re
a bargain.
Real estate agents provide countless services such as:
Attending and assisting
you at the closing.
Remember, For-Sale-by-Owner signs and ads often attract
lowball offers from deal hunters
expecting you to give them the commission in the form of a
price reduction. This costs
you three ways:
1. You lose the commission savings anyway.
2. You suffer the costs normally absorbed by the real estate
professional.
3. You don’t get all the services the real estate professional normally
provides.