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5 Reasons why Listing your Home for Sale by Owner Will Hurt You
Home owners often struggle with the thought of hiring an agent to sell their home. Some may think that using an agent is too costly or that the agent will not get the best price when selling their home. However, this common misconception is far from the truth. Using an agent is proven to save you stress, time, and money! Here are the Top 5 reasons you should hire a professional REALTOR® to sell your house:
1. Time is Money
It is not as easy as just listing your home, doing a few showings, then passing over the keys. There are many time consuming steps that go into selling a home. Researching market values, contracts, disclosures, inspections, and more paperwork that protect you. These are all things that homeowners often don’t realize are necessary. Assuming you already work a full-time job, why take on another job selling your home, instead just bring in a professional REALTOR®. When you choose to list your home with the Tim Kirk Team REALTOR's®, you get a team of real estate agents on your side, not just one busy agent.
2. Exposure to Potential Buyers
If you list your home FSBO (for sale by owner), you are limited on the exposure your home will receive. Real estate agents have marketing tools that you wouldn’t think to use, and existing clients who’s dream home may just be yours! The Tim Kirk Team has a Marketing Director who is devoted to getting home listings in front of the right buyers at the right time. We also have clients who are waiting on the sidelines for their dream home to go on the market. Your home might be exactly what they are looking for and we could potentially sell your home without even listing it on the market.
3. Negotiation can be Rough
Potential buyers often assume they can save money on a FSBO house since you may not have the market knowledge and negotiation skills of a professional REALTOR®. Negotiating can be a stressful process and with an emotional attachment to your home, you may make a quick and unfavorable decision. With a REALTOR® on your side, you have a master negotiator to help you get the best price. The Tim Kirk Team of Realtors® always have our client’s best interest in mind, fighting to get the best return on investment for our home sellers.
4. You Net more Money using a professional REALTOR®
Many sellers are turned off toward using a professional REALTOR® to sell their home because they believe they can save money by not paying high commissions for a REALTOR®. Studies have shown that the average house sold by the homeowner sells for $185,000, while the average house sold by an agent sells for $245,000. This doesn’t necessarily mean that an REALTOR® will get $60,000 more for your home, but studies have shown that people selling their own home (FSBO) are more likely to sell at lower price points. These studies do show that selling on your own don’t make sense. The Tim Kirk Team has much experience marketing homes for sale and negotiating contracts. There is also the potential that multiple buyers may write offers on your home and we have the tools in our pocket to get you asking price or over asking price for your house, when the opportunity arises.
5. Utilizing the Internet is Key
Where buyers find the homes and then purchase*:
51% from the internet
34% from a Real Estate Agent
8% from a yard sign
1% from newspapers
The days of selling your house by just putting up a sign in your front yard and advertising it in the paper are long gone. Having a detailed digital marketing strategy is crucial, and the Tim Kirk Team and many professional have perfected a digital marketing strategy to get your home in front of the right buyer via websites, advertisements and social media channels on the internet.
The Tim Kirk Team REALTOR's® utilize professional photographers to highlight features of your home and show it in it’s best light. We also use Matterport 3D tour technology to make a home tour accessible for remote buyers. Sotheby’s International Realty is known and respected worldwide, so your home-buyer may be looking at your home from a remote location. Additionally, if your home is valued at over $1,000,000, the Tim Kirk Team may also hire a professional videographer to create a high-quality property highlight video to appeal to all house hunters.
The Tim Kirk Team of professional REALTOR's® wants to meet with you to discuss our real estate listing services. Give us a call so we can prepare a custom high-quality listing presentation of what our team of REALTOR's® will do to list your home for sale and schedule an appointment to meet. This is a no strings attached meeting, we will simply meet to discuss our services, tour your home and get to know you. You decide when you are ready to list your home for sale, we hope it’s with the Tim Kirk Team. Call us today at 760.704.9252 to get started.
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