The Risks of Selling Your Kansas City House on Your Own
In the process of selling your Kansas City home, finding a reliable and experienced real estate agent can seem like a daunting task. You may wonder, "Isn't it simpler to just sell it myself?" While forgoing an agent and selling it on your own, also known as For Sale by Owner (FSBO), might seem tempting, it’s essential to recognize the challenges that come with this decision. This process requires much more time and expertise than you might expect. As a recent article from Bankrate explains:
“Choosing the right price, crafting a compelling listing, marketing to potential buyers, coordinating showings, preparing paperwork: All of these are tasks that, in the absence of a real estate agent, you will have to do yourself.”
Read on to understand a few of these challenges and how the Just Say Home KC Team can simplify the process of selling your home.
You May Not Price Your Home Correctly
Accurately pricing your house is vital to its successful sale. Our real estate experts have extensive experience navigating the Kansas City housing market and understand the art of pricing a home to sell in the current demand. Homeowners who sell on their own often lack this experience, leading to two common consequences: overpricing or underpricing the house. An article from Nerd Wallet offers this advice:
“If your home is overpriced, you run the risk of buyers not seeing the listing. . . . But price your house too low and you could end up leaving some serious money on the table. A bargain-basement price could also turn some buyers away, as they may wonder if there are any underlying problems with the house.”
This risk is avoidable! Position your home to make the best first impression possible by partnering with the Just Say Home Team. Our agents will price your home at its current value and ensure it catches the eye of eager Kansas City buyers.
FSBO Means Less Marketing Experience and Opportunity
We live in a digital age where online marketing has become a game-changer. This is especially true when selling your house. A recent report from the National Association of Realtors (NAR) explains:
“Among all generations of home buyers, the first step taken in the home search process was to look online for properties.”
In an attempt to sell your house alone, you could be missing out on the full power of online and social media strategies. Just Say Home KC has access to and familiarity with multiple online marketing tools and resources. By partnering with our team, your home will be in front of these tech-savvy house hunters, strengthening your chances of a successful sale.
Are You Comfortable Handling All the Back-and-Forth?
The sale of your home is more than just a search to find a buyer. A large part of the selling process involves entering a world of negotiations. This world requires coordination with many people, including the buyer, the buyer’s agent, the inspection company, the appraiser, and more. It’s a dance where every move counts and the expertise of our JSH real estate agents can keep these negotiations on track to seal the deal quickly and smoothly. As NerdWallet says:
“Your listing agent will also, of course, be on your side throughout negotiations. They’ll double-check paperwork that comes through, communicate with the buyer’s agent and other parties to the sale, and generally stay on top of things through to closing day.”
Are you considering selling your house and tempted by the thought of doing it on your own? The Just Say Home Team has the experience to make your home stand out in the current Kansas City market and the skill to run negotiations smoothly and seal the deal. Our real estate experts would love to partner with you in selling your home to make the process easy, enjoyable, and effective.