Have you ever seen signs “For Sale Or Rent By Owner” and wondered what this meant? If you have, it means just that the owner is selling or renting out the property.
Well, but why would someone go through all the trouble to sell or rent their property when there are agents who could easily take care of that? The benefits of selling your property without an intermediate are just amazing.
Here are some of those benefits:
Saves you a lot of money
Generally, property sales and rentals are quite expensive. The buyer’s and seller’s agent will each get between 4 and 6% of the total price. That could cause a big dent to your property sale. But selling it by your own nothing will be paid to anyone. You can reward yourself if you want but no single dime will be going to an agent.
You are fully in control
Nobody will be pushing you over; you make all the calls. This is your property and you deserve to be in control. From prices to signing the sale contract, it will all go through you. If you feel that anything is not what you want. You have the right to say no and move on till you get the right bidder.
You have more options
Since you are not spending a single dollar for your property sale or rental, you can use an array of options to get it out to the customers. You can reduce the amount you want for your house since you are saving a lot on the agent’s commission. This would make your offer very competitive and thus attract many and favorable bids. You will sell it faster and put the money to other pressing needs.
You can sell your home from the comfort of your couch
Some property listings offer you a chance to advertise your property without having to leave your couch. You send an SMS with details about your property and relax as bids come through. You do not have to leave your home since buyers or those willing to rent it will come directly to you. That is more than convenience on your end.
You know your property better than anyone else
When buyers come asking lots of questions about your property, you will give them immediate answers. This is your property, and no one knows it better than you. You can use this knowledge to push further your prices and still get it. An agent may not know much about your property, and it will be difficult for them to answer all the questions. Take the lead on your home sale or rental and get the most out of it.
Do not leave your property sale or rental to anyone else; you are better selling it by yourself. You will get all the benefits from not paying agent fee to being in control of the process. This is your property and being at the helm of everything happening around it is all you need. Take advantage of the chance to sell or rent out your home and reap all the benefits that come with it.