{"id":1819,"date":"2021-06-28T13:40:07","date_gmt":"2021-06-28T13:40:07","guid":{"rendered":"https:\/\/phphouses.com\/blog\/?p=1819"},"modified":"2021-06-28T13:40:07","modified_gmt":"2021-06-28T13:40:07","slug":"save-time-effort-selling-agent","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/save-time-effort-selling-agent\/","title":{"rendered":"Save Time and Effort by Selling with an Agent"},"content":{"rendered":"<div id=\"attachment_1820\" style=\"width: 760px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-1820\" decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-1820\" src=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2021\/06\/20210628-KCM-Share.jpeg\" alt=\"\" width=\"750\" height=\"410\" srcset=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2021\/06\/20210628-KCM-Share.jpeg 750w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2021\/06\/20210628-KCM-Share-300x164.jpeg 300w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><p id=\"caption-attachment-1820\" class=\"wp-caption-text\">Save Time and Effort by Selling with an Agent<\/p><\/div>\n<p>Selling a house is a time-consuming process \u2013 especially if you decide to do it on your own, known as a\u00a0<strong>For Sale By Owner (FSBO)<\/strong>. From conducting market research to reviewing legal documents, handling negotiations, and more, it\u2019s an involved and highly detailed process that requires a lot of expertise to navigate effectively. That\u2019s one of the reasons why the percentage of people selling their own house has declined from 19% to\u00a0<a title=\"8%\" href=\"https:\/\/www.nar.realtor\/research-and-statistics\/research-reports\/highlights-from-the-profile-of-home-buyers-and-sellers\" target=\"_blank\" rel=\"noopener noreferrer\">8%<\/a>\u00a0(<em>S<\/em><em>ee graph below<\/em>):<\/p>\n<div id=\"attachment_1821\" style=\"width: 1010px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-1821\" decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-1821\" src=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2021\/06\/kcm-infographic-1624886825.png\" alt=\"\" width=\"1000\" height=\"870\" srcset=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2021\/06\/kcm-infographic-1624886825.png 1000w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2021\/06\/kcm-infographic-1624886825-300x261.png 300w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2021\/06\/kcm-infographic-1624886825-768x668.png 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><p id=\"caption-attachment-1821\" class=\"wp-caption-text\">FSBOs as a Percentage of All Home Sales<\/p><\/div>\n<p>To help you understand just how much time and effort it takes to sell on your own, here\u2019s a look at a few of the things you need to think about before putting that \u201cFor Sale\u201d sign up in your yard.<\/p>\n<h4><strong>1. Making a Good First Impression<\/strong><\/h4>\n<p>While it may sound simple, there are a lot of proven best practices to consider when prepping a house for sale.<\/p>\n<ul>\n<li><em>Do you need to take down your personal art?<\/em><\/li>\n<li><em>What\u2019s the right amount of landscaping to boost your curb appeal?<\/em><\/li>\n<li><em>What wall colors are most appealing to buyers?<\/em><\/li>\n<\/ul>\n<p>If you do this work on your own, you may invest capital and many hours into the\u00a0<a title=\"wrong things\" href=\"https:\/\/www.mykcm.com\/2021\/03\/18\/to-renovate-or-not-to-renovate-before-you-sell\/\">wrong things<\/a>.\u00a0<strong>Your time is money \u2013 don\u2019t waste it<\/strong>. An agent can help steer you in the right direction based on current market conditions to save you time and effort. Since we\u2019re in a hot\u00a0<a title=\"sellers\u2019 market\" href=\"https:\/\/www.mykcm.com\/2021\/05\/28\/homes-across-the-country-are-selling-fast-infographic-3\/\">sellers\u2019 market<\/a>, you don\u2019t want to delay listing your house by focusing on things that won\u2019t change your bottom line. These market conditions may not last, so lean on an agent to capitalize on\u00a0<a title=\"today\u2019s low inventory\" href=\"https:\/\/www.mykcm.com\/2021\/06\/15\/hope-is-on-the-horizon-for-todays-housing-shortage\/\">today\u2019s low inventory<\/a>\u00a0while you can.<\/p>\n<h4><strong>2. Pricing It Right<\/strong><\/h4>\n<p>Real estate professionals have mission-critical information on what sells and how to maximize your profit. They\u2019re experienced when it comes to looking at recent comparable homes that have sold in your area and understanding what\u00a0<a title=\"price is right\" href=\"https:\/\/www.mykcm.com\/2020\/12\/28\/why-its-important-to-price-your-house-right-today\/\">price is right<\/a>\u00a0for your neighborhood. They use that data to price your house appropriately, maximizing your return.<\/p>\n<p>In a FSBO, you\u2019re operating without this expertise, so you\u2019ll have to do your own homework on how to set a price that\u2019s appropriate for your area and the condition of your home. Even with your own research, you may not find the most up-to-date information and could risk setting a price that\u2019s inaccurate or unrealistic. If you price your house too high, you could turn buyers away before they\u2019re even in the front door, or run into problems when it comes time for the\u00a0<a title=\"appraisal\" href=\"https:\/\/www.mykcm.com\/2021\/01\/26\/whats-the-difference-between-an-appraisal-and-a-home-inspection\/\">appraisal<\/a>.<\/p>\n<h4><strong>3. Maximizing Your Buyer Pool (and Profit)<\/strong><\/h4>\n<p>Contrary to popular belief, FSBOs may actually net\u00a0<a title=\"less profit\" href=\"https:\/\/www.mykcm.com\/2021\/04\/06\/dont-sell-on-your-own-just-because-its-a-sellers-market\/\">less profit<\/a>\u00a0than sellers who use an agent. One of the factors that can drive profit up is effective exposure. Simply put, real estate professionals can get your house in front of more buyers via their social media followers, agency resources, and proven sales strategies. The more buyers that view a home, the more likely a\u00a0<a title=\"bidding war\" href=\"https:\/\/www.mykcm.com\/2021\/04\/02\/buyer-competition-is-good-news-for-sellers-infographic\/\">bidding war<\/a>\u00a0becomes. According to the\u00a0<em>National Association of Realtors<\/em>\u00a0(NAR), the average house for sale today gets\u00a0<a title=\"5 offers\" href=\"https:\/\/cdn.nar.realtor\/sites\/default\/files\/documents\/2021-05-realtors-confidence-index-06-22-2021.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">5 offers<\/a>. Using an agent to boost your exposure may help boost your sale price too.<\/p>\n<h4><strong>4. Navigating Negotiations<\/strong><\/h4>\n<p>When it comes to selling your house as a FSBO, you\u2019ll have to handle all of the negotiations. Here are just a few of the people you\u2019ll work with:<\/p>\n<ul>\n<li>The buyer, who wants the best deal possible<\/li>\n<li>The buyer\u2019s agent, who will use their expertise to advocate for the buyer<\/li>\n<li>The inspection company, which works for the buyer and will almost always find concerns with the house<\/li>\n<li>The appraiser, who assesses the property\u2019s value to protect the lender<\/li>\n<\/ul>\n<p>As part of their training, agents are taught how to negotiate every aspect of the real estate transaction and how to mediate potential snags that may pop up. When appraisals come in low and in countless other situations, they know what levers to pull, how to address the buyer and seller emotions that come with it, and when to ask for second opinions. Navigating all of this on your own takes time \u2013a lot of it.<\/p>\n<h4><strong>5. Juggling Legal Documentation<\/strong><\/h4>\n<p>Speaking of time, consider how much free time you have to review the fine print. Just in terms of documentation, more disclosures and regulations are now mandatory. That means the stack of legal documents you need to handle as the seller is growing. It can be hard to know and truly understand all the terms and requirements. Instead of going at it alone, use an agent as your shield and advisor to help you avoid potential legal missteps.<\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>Selling your house on your own is a lot of responsibility. It\u2019s time consuming and requires an immense amount of effort and expertise. Before you decide to sell your house yourself, let\u2019s discuss your options so we can make sure you get the most out of the sale.<\/p>\n<p><strong>Contact us:<\/strong><br \/>\nPHP Houses<br \/>\n142 W Lakeview Ave<br \/>\nUnit 1030<br \/>\nLake Mary, FL 32746<br \/>\nPh:\u00a0<span id=\"gc-number-1\" class=\"gc-cs-link\" title=\"Call with Google Voice\">(407) 519-0719<\/span><br \/>\nFax:\u00a0<span id=\"gc-number-2\" class=\"gc-cs-link\" title=\"Call with Google Voice\">(407) 205-1951<\/span><br \/>\nemail:\u00a0info@phphouses.com<\/p>\n<p><strong>Let\u2019s Connect:<\/strong><br \/>\n<a href=\"https:\/\/www.facebook.com\/WeBuyHousesCentralFlorida\/\">Facebook<\/a><br \/>\n<a href=\"https:\/\/www.linkedin.com\/in\/walter-diloreto-25403710\/\">Linkedin<\/a><br \/>\n<a href=\"https:\/\/twitter.com\/WalterDiLoreto\">Twitter<\/a><br \/>\n<a href=\"https:\/\/www.instagram.com\/wdiloreto\/\">Instagram<\/a><\/p>\n<h6><em>THE INFORMATION PRESENTED IN THIS ARTICLE IS FOR EDUCATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSIDERED LEGAL, FINANCIAL, OR AS ANY OTHER TYPE<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"<p>Selling a house is a time-consuming process \u2013 especially if you decide to do it on your own, known as a\u00a0For Sale By Owner (FSBO). <a class=\"continue\" href=\"https:\/\/phphouses.com\/blog\/save-time-effort-selling-agent\/\">Finish Reading<span> Save Time and Effort by Selling with an Agent<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[10,18,16,91,284,9,49,42,23,20,48,28,54,47,19,17],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1819"}],"collection":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/comments?post=1819"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1819\/revisions"}],"predecessor-version":[{"id":1822,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1819\/revisions\/1822"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=1819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=1819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=1819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}