The worst thing you can do as a seller in a hot market
Tom Wolf,
The worst thing you can do as a seller in a hot market is to do it alone.
Before you head to the local hardware store for the "For Sale By Owner" sign, finish reading this post.I know you're doing the math and figuring out how much selling your home on your own could potentially save you... but I wanted to shed some light on a few important things to consider before you decide to go that route.
🏡 If you're looking to the internet to determine what price to list your home at, you could be losing a lot of money.
Online home values aren't always entirely accurate which means basing your list price on that could leave a lot of money on the table.
🗒 Contracts and Negotiations can feel like a foreign language if you're not a real estate professional. Not understanding how to navigate these or have someone work in your best interest could result in sticky situations and money lost.
🙋♀ Demand - when you're in a hot market, one of the greatest benefits to the seller is that they're typically in the driver's seat. When there are more buyers than listings for sale, your house can spark a bidding war when it hits the market. However, without an agent helping you prep your home for the market, price it strategically, market it with modern methods and really get it out there, you're missing out on that demand. You might have a buyer or two but that isn't going to drive the price up like it would if you had someone working for you.
Our best advice of all is before you make the decision and do it alone, do some research, and then contact us to help you. Tom Wolf Team at Re/Max 954-709-2565.
Getting Offer's Accepted in this Seller's Market