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8 things homeowners risk when they sell without a real estate agent

Selling a home can be an exciting and profitable time for homeowners that are looking for a change. The process can be a bit tricky so it is important to plan ahead before taking this step. Seeking the assistance of a real estate professional is highly recommended to make the moving process as smooth and profitable as possible without any associated risks.

One of the first things to consider when it comes to selling your home, is to decide on the asking price. A realtor can help to set a price that is realistic and attractive to potential buyers. An intelligent realtor can also make sure that the property is being marketed in a way that will interest serious buyers. With the right promoting, selling a home can be accomplished in minimal time as it is broadcasted to more potential buyers.

Another key benefit of partnering with a professional, is setting a price closer to the market value. This tip can ensure that you receive higher offers for your home and hopefully produce competing offers for the property. An experienced realtor will know the average selling price of homes in your neighborhood. This knowledge is another way to assist sellers with a great selling price. Realtors are able to use specific sales statistics to pinpoint the best price point for making a sale.

Selling your home with a realtor will also guarantee a successful open house for prospective buyers. The main tips for a great open house boil down to the proper planning, promotion and presentation. Your sales representative will be able to give pointers on how to appeal to potential buyers in order to make a sale. One of best tips is to show how spacious your home is and maximize on the available space. Another great tip for making a good first impression is to make sure the house is free of clutter and looking pristine.

Proper advertising is another great way to reach out to people interested in purchasing your home. A savvy real estate agent can advise you on the best ways to do this, as you have many options. Home sellers can send out notices by mail or even online, reach out via social media or place signs throughout the neighbourhood. In addition, advertising in magazines or newspapers is sure to reach a broad audience. There is low risk of losing out on money from the sale when homeowners work with a reputable real estate company.

It can be a risk for those looking to sell their home to do so without the help of a realtor. Making even the smallest mistake can be costly for sellers. This is why it is highly recommended for homeowners looking to sell to seek professional assistance for an easier move. With the proper guidance and planning, a real estate agent can ensure that homeowners make the sale and earn a great profit that works for them and their family.

To learn more, call Spectrum Realty today at 416-736-6500 or contact us here.

Spectrum Realty Services Inc., Brokerage

8400 Jane Street Unit 9, Vaughan, Ontario L4K4L8
Office: 416-736-6500
Fax: 416-736-9766

Trademarks owned or controlled by The Canadian Real Estate Association. Used under license.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Information is deemed reliable but is not guaranteed accurate by TREB.

Toronto Real Estate Board - IDX Last Updated: 10/13/2019 8:30:23 AM