Updated: Jun 7, 2020
Ask Yourself A Few Questions Before Calling That Realtor
The day has finally come. The day you decide you're ready to sell your house. It could be for a variety of reasons.
Maybe you're upgrading
You could be downsizing
Or perhaps you got a new job and need to move
Whatever the case may be, if you're reading this article, you must be wondering:
Should I list my house with a realtor?
Is there another way to sell my house?
What should I do?
Luckily, there is an answer to all of these questions, but the answer is everyone's favorite.
Let's dive into whether or not you should hire a realtor, or pursue another means of selling your house.
How Quickly Do You Need To Sell?
According to Zillow, the average time to sell a house is 68 days. In one case, I've seen someone's home sit on the open market for over a year!
When you list with a real estate agent, your house will be put up on the MLS, and from there, you and your agent will play the waiting game until you get an offer you'd like to accept.
There's no way to know how long you'll be waiting.
Maybe you'll be fortunate and get an offer right away.
Maybe you'll fall into the average and sell close to 68 days.
Maybe you'll be extraordinarily unlucky and sit on the market for months.
Do you need to sell your house quickly and can't wait? Listing with a real estate agent may not be the best option for you.
Do You Want To Pay The Commission?
When you list your house with a realtor, you will have to pay commissions when the property sells. According to Redfin, the average realtor commission is 5% - 6%