Sell Your House

  The most common way to sell a home is to use a local real estate agent. The agent will list the home, market it, and coordinate showings with other agents and potential buyers. They will also help you evaluate offers, negotiate terms with the buyer, and ensure the deal goes through. They may even attend your closing appointment with you.

Traditional real estate agents typically operate on a commission-based fee model. The seller’s agent is compensated at a percentage of the final sales price, which they then split with the buyer’s agent. For example, a 6% commission on a $200,000 home would be a $12,000 fee.

Pros:

• Lots of help and hand-holding throughout the process
• Access to agent marketing tools and listing      services
• Assistance with negotiations and contracts
• Connections to local vendors and industry      partners (e.g., inspectors and contractors)

Cons: 

• Costly (about 6% of the sales price)Less control over pricing and marketing strategies
• · Requires cleaning, staging, and photographing your home
• · Requires showings and open houses

Best if you:

• Want help and guidance during the sales process
• Aren’t well-versed in real estate
• Want to ensure your home sells for top-dollar

 You always have the option to sell your home yourself, known as an FSBO. About 7% of sellers choose this option.

To do this, you’ll need to market your house, possibly by listing it on Zillow or a FSBO-focused website, and then coordinate showings with buyers and their agents. You’ll also need to handle the negotiations, contracts, and other details of the sale on your own—or enlist a real estate attorney for help.

Pros:

• Total control over the pricing, marketing, and showing of your home
•  Flexibility in timing
• No commissions or agent fees

Cons:

Still have showings

• No access to marketing tools or listing services
• Lots of legwork on your part

May take longer to sell 

• May get a lower sales price 
• May require a real estate attorney or some level      of personal real estate knowledge  

Best if you are:

• Very familiar with the home selling process
• Comfortable pricing and marketing your home
• Not in a huge rush to sell

Personal situations, like a job relocation, divorce, inherited  house, disrepair, potential foreclosure, or need for timeline flexibility are some common reasons people end up quickly selling to an investor. 

Pros:

• Sell as is, no need to even sweep the floor
• Saves time and hassle
• No showings
• Less complicated
• Fast closing or flexible timeline

Cons:

• Lower offer, as buyer takes into account needed repairs

Best if you:

•  Need to sell ASAP
• House in poor condition
• Financial distress