Can I sell my house without a realtor? If you’re asking this question, you might be concerned that selling your house will be a long and involved process. After all, that’s the primary reason that most people decide to work with a realtor in the first place.
Still, the answer is yes—you can sell your house without a realtor! Many people go this route to save money, but it’s also helpful to realize that using a realtor does have its benefits.
Read on to learn more about the pros and cons of selling a house with a realtor from Professional Home Buyers. We buy houses in Wichita, KS, and surrounding areas, so be sure to contact us if you’d like to know more!
The Pros of Selling a House With a Realtor
Why use a realtor to sell your house for you?
Realtors often get a higher sale price when selling properties. In fact, according to data from the National Association of Realtors, realtor-sold homes sell for over 30% higher each year compared to non-realtor-sold homes.
Realtors have expertise and understand the disclosure process, comparative market analysis, and legal aspects of buying and selling homes. The sale will be legally compliant and usually go smoothly.
Realtors’ professional networks make vetting and finding serious buyers easier. They also understand how to expertly market properties using pictures and listing descriptions.
House showings are an integral part of selling a house. If you don’t have the time to schedule or host one, having a realtor organize your home for sale and do walk-throughs is helpful.
The Cons of Selling a House With a Realtor
Why do people sometimes prefer to drop the realtor and do things themselves?
The most obvious drawback is the commission (as part of closing costs). Traditionally, realtors earn 4% and 6% of the total cost, although discounted fees reach as low as 1%.
Many agents will have you sign a listing agreement that requires you to work with the agent for a specific timeframe. Even if you decide to sell the house on your own after that, you may still have to pay the agent commission on the sale.
Can I sell my house without a realtor? You might take this route if you’re aware that working with a realtor will typically mean less control over the process in terms of marketing, negotiations, and pricing. Agents might also use third-party vendors.
The Verdict: Should I Employ a Realtor’s Services To Sell My House or Not?
Your decision ultimately depends on your experience and knowledge base. If you know about the real estate industry and property sales, you could sell your home without a realtor and not miss the expertise that so greatly streamlines the process. If not, you’ll want some help.
We Buy Homes!
So, can I sell my house without a realtor? Yes, but read about how long it takes to sell a house before you decide. You can also get more information from Professional Home Buyers online or at 316-202-1628!