Wednesday, May 10, 2017

Thinking of selling your home yourself? 
Here’s what you need to know:

If you’re wondering about the value of hiring a Texas REALTOR®, you’re not alone. But before you decide to do a FSBO (for sale by owner), see if you can answer these questions.

Red sign in the shape of a home with white arrow and white text: HOME FOR SALEHow much your home is worth? When it comes to pricing, you can’t rely on estimator websites to give you an accurate value. Those sites don’t have data about what homes are selling for in your neighborhood or how your kitchen remodel affects your price. In addition, it’s easy to let your personal attachment to the property inflate the price. And be careful, because if you price it too high, it will linger on the market. But if you price it too low, you’ll lose out on money.
Can you market your property? You can put a sign in your yard, post your property to a few classified websites, and maybe make some fliers to hang. How many potential buyers do you think that will bring you? Probably not a lot.
Are you ready to show your house? If you do attract potential buyers, you’ll have to keep a flexible schedule to juggle showings. Don’t forget about the safety concerns associated with letting strangers into your home.
Can you avoid legal problems? Real estate transactions are complex, and legal issues come up frequently. One small mistake on your part could cost you big, whether it’s because you’ll lose money or end up in a lawsuit. Be ready to spend time reading through paperwork and researching to make sure you’re not breaking the law.
As you can see, selling your home on your own means investing your time in research, marketing, showing the property, and more tasks that aren’t even mentioned here. That’s probably why 87% of sellers in Texas used a Texas REALTOR® last year.
Texas REALTORS® have access to accurate data to determine the right price for your property. They’re able to market your property more extensively than you could alone. Texas REALTORS® also take care of showings and vet potential buyers for you. And they can call the Texas Association of REALTORS® Legal Hotline, staffed by five attorneys who can answer their questions about real estate law and related matters. Instead of going it alone, talk to a Texas REALTOR®, who has the experience and tools to make your home sale go smoothly.

Author: Editorial Staff, Texas Association of REALTORS®

4 reasons to contact a Texas REALTOR
Before you enter the world of real estate on your own, see if a Texas REALTOR® can help you instead. Here are four reasons to reach out to one.
A smiling man in a light-blue button-up shirt sitting next to a smiling dark-haired woman in a short-sleeved button-up white shirt across the table from a man in a suit whose back is facing the cameraWhen you want to know how much your home is worth 
While you could use a home-valuation website that tells you a number, you shouldn’t rely on it alone. These sites often don’t know the details of your property, the current market, and what buyers are looking for in your area. A Texas REALTOR® can help you determine a more accurate price for your property.

When you want help narrowing down your options 
You could spend hours and hours searching for properties online, contacting owners or their agents to see the property, and figuring out whether it’s a good deal. Or, you could hire a Texas REALTOR® to cut through the clutter by determining your needs, finding properties that fit those parameters for you, and setting up tours to see them. On top of that, they can help you figure out if the price is right and what you can afford.
When you need help navigating negotiations 
Not everyone is skilled at negotiations, but Texas REALTORS® are. They’re armed with the most up-to-date information about laws, the market, and more that puts them in a position to negotiate on your behalf with confidence.
When you value your time 
Texas REALTORS® can save you a lot of time and hassles by handling the tasks you don’t have time to manage. For example, Texas REALTORS® have experience marketing properties, which means you don’t have to come up with a plan on your own. They also facilitate and explain the entire transaction process so you don’t have to keep track of every single detail.
Author: Summer Mandell, Texas Association of REALTORS®

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