Most people think they have to hire a realtor when they’re selling a home. But in fact, the process is entirely possible without the help of a realtor. You may choose to work without a realtor for a number of reasons, but it’s not a decision to take lightly. If you are interested in getting your home sold without finding a realtor, here are some options for you to consider.
Pros and Cons of Working with a Realtor
Why would you consider selling your home without a realtor in the first place? Taking this route to sell your home can have its advantages and disadvantages, and you should consider both before determining how you want to sell your house.
When you work with a realtor, you have an experienced professional by your side who can walk you through the process and answer any questions you may have about selling your home. Your realtor may also have potential buyers already lined up, helping the process move more quickly. Finally, your realtor can help you price your home right, stage it properly, and present it in the best light to attract buyers.
However, working with a realtor has its cons as well. First, you’ll be left paying a commission, which can take out a significant chunk of your total profits. You may also be made to bring in repair companies or contractors to fix issues with your home before you sell, which can cost even more money. On top of that, the selling process isn’t always quick, and you might find that navigating the traditional real estate market is a long and drawn-out process.
If you’re looking to sell your home without a realtor, FSBO (or For Sale By Owner) is a good option for many. This process is exactly what it sounds like: the owner puts the home on the market without involving a realtor. When you sell your home this way, you’re free to set your own asking price, negotiate as you please, and make (or don’t make) any repairs that you see fit before you sell. However, unless you already know someone who’s looking to buy your home, it can be hard to get the word out and find an interested and reliable buyer.
Another option for selling without a realtor is to work with a cash buyer. Cash home buyers purchase homes as-is without the need for any repairs or fixes. You can typically get an offer from a cash buyer within just a couple of weeks, making this method much quicker than the traditional market. Plus, since you’re not paying a realtor’s commission or repair fees, you could come out with more money in your pocket.
If you’re in the greater Baltimore area, consider selling your home with Charm City Builders. Simply fill out the form on our website, meet with us at your property, and we’ll make an offer within 24 hours. You can select the closing date that works for you and sell your house as quickly as you’d like. To learn more about how to sell your home fast, contact Charm City Builders today!