Thinking about selling your home? Let’s look at the first step.
Step 1: Choose how you want to sell
Before listing your home, you must choose how you want to sell it. There are multiple ways to do this, each with its own benefits and challenges.
Some sellers prefer a full-service real estate agent, while others prefer flat-fee brokerages or even FSBO. Understanding your options will help you navigate the selling process with confidence.
Keep reading to find the best approach for your home sale.
Real estate agent
Many homeowners opt for the services of a full-service real estate agent when selling a home. This approach is popular because it offers sellers a comprehensive suite of services, from initial listing to final closing.
Your real estate agent can help you do several things, including setting up a realistic sale timeline, which is important! They’ll give you a good idea of how long your house will take to sell.
Additionally, your agent will advise you on the pre-sale home inspection, offer guidance on which home upgrades are worth the investment, handle marketing, set up showings, and negotiate on your behalf.
Throughout the process, a good agent is there to answer your questions, offer advice, and help you navigate hurdles. They’re not just selling your house; they’re partnering with you to make the whole experience smoother and less stressful.
For sale by owner
Taking the For Sale By Owner (FSBO) approach can save you money on listing agent commissions, but it’s not without challenges.
For one, you still have to pay for certain things. At the bare minimum, FSBO sellers must pay for marketing and professional photography. Moreover, you might need to offer a commission to buyer’s agents, which is often necessary to generate interest in your property.
Managing the sale by yourself also means managing tasks like marketing, coordinating showings, and negotiating offers. This can be time-consuming, especially if you have a demanding job or a busy household.
FSBO is generally a better option for those with experience in real estate transactions or for those who want to sell directly to someone they know and trust.
Flat fee brokerage
Did you know sellers have a third option? It’s called a flat fee brokerage. In fact, some brokerages operate on this model. These flat-fee firms typically charge a fixed rate instead of a percentage-based commission.
They often provide a menu of services, allowing sellers to choose the level of assistance they need, from basic listing support to more comprehensive packages. This enables sellers to select the services they need to succeed.
The flat-fee model generally falls between FSBO and working with a traditional real estate agent. It provides an adaptable approach to selling a home, though the range and quality of services can vary among brokers. Sellers must know enough about the real estate process to handle many responsibilities.
Finding a real estate agent
If you want to work with a real estate agent, we suggest looking at their reviews, references, and work history first.
It’s also a good idea to check neighborhood associations since they can often provide valuable insights about local real estate agents. Neighborhood associations frequently interact with agents who work in their area and may have firsthand knowledge of their performance, reliability, and familiarity with the local market.
We also recommend contacting people who have worked with the agent directly and asking them about their performance. Many people post reviews on social media, so it isn’t hard to follow up and ask them some friendly questions.
Selling your home with The Real Estate Guy!
Selling your home can be daunting, which is why we’re here to help guide you through the entire process and ensure that you land a great price for your home.
Don’t spend months trying to sell your home without help. Contact us today to work with an amazing team that gets results.
The Real Estate Guy specializes in helping homeowners like you sell homes quickly and easily. With our years of experience and extensive market knowledge, we can help you make the most of your home sale.
PS If you aren’t selling a home but are looking to buy one instead, then take a look at our article:
10 Most Popular Neighborhoods To Buy A Home In The Las Vegas Area.
