REALTOR vs For Sale by Owner

There are many reasons why a homeowner may consider selling their home on their own. Some believe they have the expertise needed to navigate all the legalities involved in selling a home. Others believe that nobody could possibly know enough about their home to sell it for them. Maybe they feel they will be saving money by not paying the commission that would be due to a REALTOR®. There may be many reasons, but in the end, using a REALTOR® saves time and makes you more money.
 
Statistically, more than 95% of private sellers eventually using their services of a REALTOR®.

A REALTOR® provides a variety of services, including: 

  • REALTOR vs For Sale by OwnerSetting a realistic and competitive price for your home within current market guidelines using recently sold comparable properties
  • Offer professional advice on how to best show your home
  • Develop a marketing plan to suit your personal needs
  • Represent you during negotiations  to make sure your best interests are protected
  • Post your home on the Multiple Listing Service (MLS®) where it will be seen by other REALTORS® as well as potential buyers across Canada

As for saving the commission, most potential buyers who are interested in For Sale By Owner are looking for “cheap” properties and are perfectly aware of the fact that these properties are being sold without any commission, and so any offers will be made with this in mind. On top of this, take into account that a licensed REALTOR® does hundreds of transactions, while a For Sale by Owner may only do one or two; this could lead to costly mistakes and even lawsuits.
 
Here at Coldwell Banker David Butts Realty, we are committed to helping you sell your home for the best possible price, in a minimal amount of time, and with the least amount of stress.

 



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