Wichita Real Estate Blog

Costly Mistakes Home Sellers Make – Mistake #2

If you’re considering selling your home, you probably want to know your options. Where do I begin? Do I have to use a Realtor? Should I consider selling by myself?
In today’s blog post, enjoy a preview of our report, “7 Costly Mistakes Sellers Make and How to Avoid Them.” To read the full report, you can sign up by clicking here.
Mistake #2 – Selling through a Realtor when you don’t have the time
Selling through a Realtor may be the traditional way to sell your home but it isn’t the only way. There is a lot of fine print when dealing with a real estate agent, including paying commissions, hiring inspectors to assess the property, and waiting on a buyer that has financing that could fall through at any time. It’s a timely and costly process which can often cramp your busy schedule. When someone is interested in looking at your home, the Realtor schedules showings with you, which often requires you leaving for a few hours every week. There is a time and place for a Realtor, of course. If your home is in perfect condition, you have time to keep the house on the market, and you can get the property ready for showings every week, then that could be the way to go.

This chart explains how many showings a listing can get per month versus the homes sold. For example, in December 2011, an average of 4.1 home showings resulted an average of 4.7 homes sold. 

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