Is there anybody planning to sell off their property, but might not know how to do this? Well, many of the homeowners might not realize that they can do it themselves, without hiring an agent. Most of these agents work by helping their clients to organize the process of buying and selling a property. They act as a mediator between the buyer and seller, helping them to secure the best deal. They provide such services to earn a paycheck that can amount to thousands of dollars.
Before we discuss about the benefits of hiring an agent, let us find out what the homeowners can do, which an agent cannot. The first step while planning to put a home for sale is the need for staging the property, including cleaning the rooms, repairing any defects in structural designs, or changing the landscape. Even removing all the clutters inside the home could be really crucial to attract potential buyers, as to create a good impression about the property is what every buyer craves for. All these things are carried out by the owner of the property and not by the realty agent.
The second step is for the attorney to prepare all the legal documents. The real estate agents have no role to play in preparing the documents. It could be as simple as making a call and notifying the attorney about the need for vendor’s statement or Contract for sale to be prepared.
The next step while preparing a home for sale is to look for the right advertising and marketing techniques. An agent may introduce the homeowner with those professionals, who can actually help in online advertising, organizing a sale board, and preparing brochures. All these can be done by the homeowners on their own with as little as few hundred dollars.
All those savvy homeowners, who are looking for cost-effective options to sell their properties, they usually move towards ‘For Sale by Owner’ method. There are some real estate agencies that might not charge a hefty amount for their service and they would not go for a quick sale. Individuals can find several of these packages that are offered to cater their needs. Many of these agencies offer same services that agents offer and they can also guide their clients all through the selling process.
As with everything else, there are some pros and cons of direct selling, some of which are mentioned below:
- No need to pay commission
- Ability to reach more potential buyers through internet
- Proper management at every step of sale
- Difficulty in evaluating potential buyers
- Intricacy in negotiating the bidding price
- Difficulty in determining the sale price that would appeal to both the buyer and seller
- Lack of patience and ability to persuade potential visitors
Thus, it can be seen that entrusting the sale to a realty agent would be the easiest way. The agent would be responsible for carrying out the formalities. All those selling their existing home, flat or apartment, it will be better they seek assistance of a professional and experienced property agent. This will help property owners to avoid spending time on doing brief research on market price, assessing price of their current property, based on its size, location and other facilities.
Harji Realtors is one of the leading real estate agents in the region of Chandigarh, Mohali and Kharar. For more information on great deals in Flat in Mohali and the best Property Dealers Mohali check out our website