Trying to sell your home by yourself is a lot more involved than one would imagine. It takes time, knowledge, and resources to help sell a property successfully. Here are some challenges one may face when trying to sell themselves.
Pricing
Pricing your home correctly is very important to getting showings and solid offers. Price your property to high and people won't see it and price it to low and people have doubts about underlying issues. Knowing the market in your area is key to make sure it gets the views it needs to get the best value.
Experience
The average person lacks experience in what is takes to get a property from for sale to sold. Examples are pricing, attractive listing/marketing, coordinating the showings, paperwork, etc. One has to consider is it worth their time and effort to get the exposure an experienced professional has to offer? Real estate agents have lots of tools and resources available to help boost marketing and cliental that are wanting homes. Not combining all these effectively may make your property sit or leave money on the table.
Communication
Communication is a major part of being in real estate. You have to communicate that your property is for sale first off. What about after that? Well as mentioned previously scheduling showings, multi-tasking several offers at time, negotiating, communicating with inspectors, talking to mortgage lenders, speaking with appraisers, the list goes on and on. Could you handle all that plus your daily schedule to get top dollar for your property?
Take this quick article experience and think about all it takes to be a real estate agent. Having someone that deals with market day in and day out keeps you more knowledgeable and knowledge is power.