One question often heard from those looking to sell a home is “how do I sell my own home online and what sort of commission will I have to pay?”. Well, the answer actually depends on what route you choose when selling. When you are looking to sell, you have several different options, and the price you should expect to pay will depend on which option you choose.
We have narrowed down your options into three separate categories, based on the price you will have to pay for selling your home. If you are looking to make the most profit from the sale of your home, you should probably avoid the most expensive option, and instead look into private home sales, as selling your home yourself is the only way to maximize your profit.
Expensive Option – Go to a Real Estate Agent
Choosing a real estate agent to help sell your home is definitely the most expensive option, yet for some reason this is still the route that most people choose to go. Most likely the reason that people choose this option is that they remain unaware of the fact that other options even exist.
No matter what the reason is, when you choose to hire a real estate agent to sell your home, you will have to pay the agent a significant portion of your profit in the form of a commission fee for selling your home.
With the other options available, this option is starting to become quite old fashioned and outdated. The truth is that there is really no reason to use a real estate agent as it will only limit the amount of profit you can make.
Affordable Option – List Your Property Online Using For Sale by Owner Websites
This option is definitely the best way to go, and involves creating a paid listing on a for sale by owner website such as this website. The listings are quite affordable and give you the freedom to sell your home yourself, ensuring you make the most profit by not having to pay agent fees. This option is also very simple, as all you will need to do is create a listing and sit back and wait for the enquiries to start coming in.
You can then show the potential buyers around your home and negotiate the sale directly with them. This option has a very high success rate and is generally considered to be one of the best ways to sell a house. It gives you the freedom to negotiate directly with the buyers and to maximize your profit. Overall, this is probably the best way to sell a house.
Free Option – List in the Local Newspapers & Free Classifieds Websites
This last option may be free, but it typically doesn’t have a very high success rate. You can easily create free property listings on classified websites or the newspaper, but many people avoid this option because classified websites are often packed full of scammers and simply not that effective. If you do create a free listing on a classified website, you will have to compete with hundreds, if not thousands of other listings, so you may be better to choose a FSBO website.
For Sale For Lease are an online real estate service that help business owners, private home owners and landlords to list their property or for sale or for lease online without the need for a real estate agent or agency.