Which will cost you less… selling yourself or hiring an Agent?

    Hmmmm, if you decide to sell your home yourself, you could save HUNDREDS of $$$!

    ~OR ~

    Selling your home yourself could cost THOUSANDS in the long run.

    FSBOYes, it looks easy enough, however a few years ago, the creator of ForSaleByOwner.com, Colby Sambrotto, found out personally it wasn’t as easy as it looks. Sambrotto in fact hired a traditional real estate broker to sell his home. That’s right, the company telling you that you can sell your home yourself, hired a professional and paid the standard commission for  their $2.15 million home.

    Sambrotto tried for six months trying to sell his New York apartment in trendy Chelsea with online listings and classified advertising …. It didn’t sell.

    Once Sambrotto hired the real estate professional, the agent not only increased the listing price by $150,000, but attracted the buyer using methods not previously used or available to the owner. The self-help methods did not work at all over the 6 months Sambrotto tried to market his home himself.

    The Professional Real Estate agent said the listing wasn’t priced right thus not attracting the right qualified buyers.

    Sambrotto reports he still believes in the DIY method of selling home and plans to eventually start up a new for sale by owner company …. Of course he does – that’s his “business”.

    But does it make sense to sell your home yourself in this market?

     Perhaps not according to the REALTOR® Association:

    According to the 2013 NAR Profile of Home Buyers and Sellers, the share of “For-Sale-By-Owner” is 9% of the real estate market.

    • The share of home sellers who sold their home without the assistance of a real estate agent was nine percent. 40% of home sellers who sold their home themselves,  knew  the buyer  prior  to home purchase.
    • The primary reason that sellers choose to sell their home without the assistance of a real estate agent to a buyer they did not know was that they did not want to pay a fee or commission (46 %).
    • Approximately one-third of FSBO sellers took no action to market their home, and 64 percent did not offer any incentives to attract buyers.
    • The typical FSBO home sold for $184,000 compared to $230,000 among agent-assisted home sales.”
    Realtors vs. For sale by owners

     

    When you list your home in Northern Utah with the Spring Bengtzen Realty Group, not will be working with agents who have a fiduciary duty to protect you by representing YOU, but we have the experience, the know-how and the support team to make sure you get the best representation.

    That’s OUR business!!

    Call us today and let us take the headaches for you! If you want to know what your home is worth today, Click HERE!!

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