When you chose to sell your home privately (without the help of a real estate broker), most likely it's because you wanted to save some money. A research shows that selling a home privately can save as much as $9000 during the home selling process. Don't let this fact sway you, though. A qualified real estate agent costs a lot because they have experience in the market and is more likely to give you a more secure price of your home. An agent also wins in network; being able to reach people who's looking for a house, or can help selling one.
Selling a home privately will also affect the marketing process. If you sell your home without the help of an agent, it's not likely that you'll have access to Multiple Listing Services - a database full of house listings given out to homebuyers. You might need to get the buyers in some other way, like holding an open house or putting an advertisement on local newspaper.
Furthermore, when a buyer sees that you are selling your home privately, they will offer a lower price, because they knew you're already saving money from not hiring an agent.
Article Tags: Condos, Rent, Office Space, Storage, Singapore, Orchard Road, Hdb Flats, Whole Unit, Private Condos
Article Source: http://www.articlesbase.com/real-estate-articles/selling-a-home-privately-186615.html
Article By: Kim Lee
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