What If I Want To Sell My Home Without Hiring A Professional Realtor?

By
Real Estate Agent with Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803

What If I Want To Sell My Home Without Hiring A Professional Realtor?

 Larry And Sheila's Top 10 Reasons Why You Might Want To Consider Hiring A Professional Realtor And NOT SellHouse For Sale On Long Island Your House Without One!

1.  Pricing ~ The most important step is pricing your house properly. If you charge too little, then you'll always wonder if you lost money on the deal. If your price is too high you won't get consumers or other Realtors to see it. The longer it stays on the market, the more consumers might wonder what's wrong with it?


2. Understanding The Market ~ You need to understand the Real Estate market, especially your own neighborhood ~ A Professional Licensed Realtor should have years of experience with laws, contracts, forms and negotiations. Your Realtor can give you up-to-date information on what is happening in the marketplace, and the price, financing, terms and condition of the competing properties. These are key factors in getting your property sold at the best price.

3. Availability ~ You have to be willing to be available to show the house at different hours of the day to make sure everyone that may be interested in it will get to see it ~ If you hire a Realtor, they will schedule the appointments, and show it on your behalf and you won't miss any showings.

3. Generating Traffic ~ How can you generate traffic for your house and be able to get the word out about it?  ~ An experienced Realtor will not only list your home on MLS, but will have other resources and marketing strategies for increased exposure for your house.

4. Answering Concerns Properly ~ Can you be available to answer questions by phone, email, text, meet-ups and be sure you are answering them correctly? ~ Buyers may not respect your time and may want immediate answers to their concerns. By you answering any of their concerns in the wrong manner, can be a deal-breaker.

5. Criticism ~ Can you be patient and understanding with criticism? ~ You will need to be able to handle all different types of personalities and be able to keep your "cool" under pressure, even with non-qualified buyers. You need to have patience and the right temperament for criticism, questions, and repeat showings, and can you pre-approve a buyer? Remember that buyers are not looking to be your friend.

6. Will You Be Pushing Buyers Away ~ If you sell your house on your own, buyers will be looking for a deal from you. If a Realtor was listing your home, you can expect to get the highest true market value for it ~ Some sellers may believe their home is worth more and will remove many potential buyers because it's not priced competitively.

7. Relocation Buyers ~ If you don't use a Realtor, how are you going to attract out of state buyers? You might be eliminating a whole group of buyers that will never see your house because relocation buyers won't know about it.

8. Professional Networking ~ Realtors network with other professionals in the industry, many who can provide services that you may need.  Realtors can give you a list of references with whom they have worked and provide background information to help you make a wise selection.

9. Contracts ~ Another important function of a Realtor is to make sure that all the paperwork is handled correctly. Do you want to get through all the stress of listing and selling your house or condo and then find out something that could have been avoided but is now a deal-breaker?

10. Closing ~ Can you close the sale of your home without be overwhelmed?  Your Realtor should be with you throughout the entire process and is the best person to objectively help you resolve any unforeseen issues and move the transaction to closing!


Selling Without A Realtor Is A Challenge. Remember, a good Realtor will work with you through every step of the home buying process to save both your time and your money. Real Estate transactions involve one of the biggest financial investments most people experience in their lifetime so shouldn't you have the best possible advantage in selling your house?

Larry And Sheila, Realtors with Charles Rutenberg Realty strongly recommend hiring a Real Estate Professional to assist you with the sale of your house.

All agents are not created equal. When you are considering to sell your house on The North Shore OfLong Island, chooseLARRY AND SHEILA at 631-805-4400!
http://www.suffolkexperts.com

 
 
 

We independent Licensed Realtors.

fair housingrealtor mls

If your home or condo is listed with another broker, this is not a solicitation of the property.
 

 

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Larry And Sheila Long Island Realtors 

Do You Have Questions About Your Long Island Neighborhood? 
Need More Specific Information On Your Long Island Home or Condo For Purchase Or To Sell? 
 
Call Real Estate Agents Lawrence "Larry" And Sheila For More Comprehensive Reporting At
 631-805-4400 (c) .
We Welcome Your Call!

If you or anyone you know is considering to sell their existing home on The North Shore Of Long Island, or is purchasing their first home, dream home, step-up home, or retirement residence, we would appreciate the opportunity to serve them. We can also recommend a relocation professional in the destination of choice outside our Long Island area!

 

Lawrence "Larry" and Sheila are more than just Real Estate Agents. To attain the designation of REALTORS®, Lawrence & Sheila have proven they are more knowledgeable and experienced, above and beyond the average requirements. Being a part of the network referred to as REALTORS®, you can be sure Lawrence & Sheila will cater to your Real Estate needs with superior professional practices.

 

Are you ready to trust this professional Husband And Wife Team who are committed to you the Client? Call Lawrence "Larry" and Sheila at 631-805-4400 (c) and start your real estate investment on Long Island with two REALTORS® you can trust.

 

 All content, including text, photographs and images, remains the exclusive property of Suffolk Experts. Only with written permission of Lawrence & Sheila may anything be used by others. All information is believed to be accurate but is not guaranteed. Suffolk Experts and Lawrence & Sheila make no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, delays in information, any losses, injuries, or damages arising from its display or use.

 

 

  

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Re-Blogged 8 times:

Re-Blogged By Re-Blogged At
  1. Alan Brown 03/17/2012 08:26 AM
  2. Amanda S. Davidson 03/17/2012 11:57 AM
  3. Jeanne Dufort 03/17/2012 12:01 PM
  4. Stephanie/Bob The Ruiz/Miller Team 03/17/2012 12:27 PM
  5. Bonnie Vaughan 03/17/2012 01:41 PM
  6. Charles Stallions 03/17/2012 01:52 PM
  7. Ellie McIntire 03/18/2012 07:55 AM
  8. Gabe Sanders 03/19/2012 03:25 AM
Topic:
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Location:
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Groups:
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Posts to Localism
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Show All Comments
Rainmaker
606,965
Barbara Altieri
RealtyQuest, Fairfield and New Haven County CT Homes for Sale and Real Estate - Shelton, CT
REALTOR - Fairfield County CT Real Estate

Larry & Sheila -- Excellent list.  There is a LOT more to selling a house than just putting a FSBO sign in the yard and maybe running an ad or two.

Mar 17, 2012 09:18 AM #42
Rainmaker
1,259,059
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

I wonder if these people also skip going to the doctor when they are sick?  The home is most people's biggest investment.  Why leave things to chance.

Mar 17, 2012 10:23 AM #43
Rainmaker
544,091
Gretchen & Mel Ahrens
ColumbiaGorgeFSBO.com - Hood River, OR

As co-owner of a company that supports FSBO clients in selling their homes, I do believe many people are capable of selling their property without an agent. NOT EVERYONE CAN, THOUGH. I like your blog because it helps to make people aware of what goes into selling a home so if they do decided to go the FSBO route, they know what they're getting themselves into.

Gretchen

Mar 17, 2012 10:25 AM #44
Rainmaker
313,710
Sandy Acevedo
951-290-8588 - Chino Hills, CA
RE/MAX Masters, Inland Empire Homes for Sale

Hi Larry & Sheila, as we enter one of the big selling seasons, this is timely advice that I hope is heeded for all the good reasons you mentioned.

Mar 17, 2012 11:33 AM #45
Rainmaker
651,810
Evelyn Kennedy
Gallagher & Lindsey, Alameda, California - Alameda, CA
Alameda, Real Estate, Alameda, CA

Larry and Sheila:

I worry about home owners filling out the contract and providing disclosures.  In California we have lots of disclosure which the seller must provide to the buyer.   

Mar 17, 2012 11:38 AM #46
Rainmaker
570,044
Bill Gillhespy
16 Sunview Blvd - Fort Myers Beach, FL
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos

Hi Larry & Sheila,  I remember seeing a chart some time ago showing the difference between the selling price both with and without a Realtor.  You guessed it - the net to the sellers was greater for those using an agent !!!

Mar 17, 2012 11:39 AM #47
Rainmaker
514,699
Amanda S. Davidson
Living A Dream Real Estate - Alexandria, VA
Your Northern Virginia Realtor

Larry and Sheila- Great points and all are equally important. I'm going to re-blog. Owner's trying to sell their own homes makes me nervous, not getting as much money is a given but, all the legal forms that are involved create risk. One missed form and you know where that leaves you.

Mar 17, 2012 11:53 AM #48
Rainmaker
262,659
Jeanne Dufort
Coldwell Banker Lake Country - Madison, GA
Madison and Lake Oconee GA

Larry and Sheila - I lovethe tone of your post.  You present thoughful information, and avoid judging.  There are definitely some sellers prepared for this, and some locations where buyers will find your home no matter how its marketed.  But... in most cases a seller is well served by hiring a professional agent.

Mar 17, 2012 11:58 AM #49
Rainmaker
634,106
Stephanie/Bob The Ruiz/Miller Team
Keller Williams Cornerstone Realty - Ocala, FL
The Ocala Dream Team

Hi Larry & Sheila, outstanding post!  I like the way you are seeking sellers and FSBOs and not just bloggin about the things that frustrate us.

Mar 17, 2012 12:14 PM #50
Ambassador
1,238,561
Erica Ramus
Erica Ramus - Ramus Realty Group - Pottsville, PA - Pottsville, PA
MRE, Schuylkill County PA Real Estate

And just because they "find" a buyer and agree to a price doesn't mean the buyer can get the loan thru, the documents need to be filled out, the details ironed out to get to closing.

Mar 17, 2012 12:50 PM #51
Ambassador
947,489
Bob Crane
Woodland Management Service - Stevens Point, WI
Forestland Experts! 715-204-9663

thanks, great article!!

Mar 17, 2012 01:31 PM #52
Rainmaker
24,115
Brenda Van Fossen
Dawson Ford Garbee & Co., Realtors, Lynchburg VA - Lynchburg, VA

Larry and Sheila,

Very good reasons to hire a Realtor!  I've had two encounters with prospects in the past week where they were not going to use a professional.  The first was a young woman that I tried to help except she needed a lease purchase within a couple of days!  I found several places but she needed something immediately so she found a lease purchase on Craigslist!  She's not even that familiar with the area.  The second was a local couple who were trying to save money.  They are attempting to buy a FSBO and sell their home themselves--all with no representation.  Oh boy!  I'll let you know how that turns out.  There should be enough material for a blog.

Mar 17, 2012 09:20 PM #53
Rainmaker
162,824
Elisa Uribe Realtor #01427070
Wells and Bennett Realtors - Oakland, CA
California Homes for Sale in the East Bay

What good advise you are sharing. I hope it gets read by homeowners and not just Realtors:) Happy St. Patrick's Day!

Mar 17, 2012 09:29 PM #54
Rainmaker
1,160,114
Cheryl Ritchie
RE/MAX Leading Edge www.GoldenResults.com - Huntingtown, MD
Southern Maryland 301-980-7566
Good reblog this week! You do not know what you do not know is a simple way of looking at it.
Mar 18, 2012 06:32 AM #55
Rainer
58,940
Charles Walk

Great post... thanks...

Mar 18, 2012 09:55 AM #56
Rainmaker
1,466,657
Lawrence "Larry" & Sheila Agranoff. Call 631-805-4400 (c)
Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo & Home Sale Specialists

Thanks for all your comments. Fsbo's have no idea if their "buyer" is qualified, or we think most of them could take the criticism either. There's so much more follow-through and behind-the-scene work that goes with selling a house! 

Mar 18, 2012 12:18 PM #57
Rainer
57,445
Wayne Jackson
Lakeshore Realty 208-714-4109 - Hayden, ID
North Idaho Realtor, Serving Coeur dnullAlene and Hayden Lake

Shiela & Larry, Thanks for the great info. I've bookmarked it and will use it in the future.

Mar 19, 2012 09:26 PM #58
Rainer
17,542
Natalie Myslinski
La Grange Park, IL
BPOR, SFR
Great post marketing to fsbo's is a good lead generator
Mar 19, 2012 11:56 PM #59
Rainmaker
1,360,113
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.

What If I Want To Sell My Home Without Hiring A Professional Realtor?

I say have at it, agents get 16% more on average than FSBO and sell 71% faster

Mar 20, 2012 07:20 AM #60
Rainer
45,006
Jairo Arreola
Aladdin Realty - San Jose, CA
VA Home Loan Specialist - SF Bay Area - South Bay - San Jose

Great Job! I just had an old Army buddy contact me about this particular issue. It is something that potential sellers need to know.

Mar 23, 2012 01:00 AM #61
Show All Comments
Rainmaker
1,466,657

Lawrence "Larry" & Sheila Agranoff. Call 631-805-4400 (c)

Long Island Condo & Home Sale Specialists
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