but they net less than if they had sold it with a professional & qualified real estate agent – especially in an uncertain market with high inventory…like today’s market.

The more demand for a product, the higher the price & the less demand, the lower the price. If you run an advertisement to sell your home, you not only have to pay for the ad but you can only sell your home to those that see your advertisement.  That limits demand!

As a result, not only is your agent working to sell your home, but so are all the other MLS members (agents), too. Your agent’s efforts are multiplied by those of all the other agents in the area.  By sharing information about your home via the MLS with all other Realtors and brokerages in the area, you increase demand for your home.  More demand = Higher Price!!

Buyers know there is no commission involved and deduct that figure from your asking price plus a little more just to see how you will react to a low offer.

How will you handle the phone calls. Who answers them? What do you say? How do you convince them to come look at your home when YOU are available to show it? How do you convince them to write an offer? What forms do you need? Is the buyer qualified? Do they have good credit, can they get a mortgage loan? Is your buyer’s loan officer competent and flexible? Do you need an escrow company or a lawyer? What termite inspection, home inspection, home warranties, title inspection? And when there is a challenge (a polite word for problem), as there always is, who handles it?  As you can see, it isn’t easy and we’ve just barely scratched the surface.

It is definitely worth it to protect yourself in a real estate transaction not to mention making sure your house sells at the highest possible price in the fastest period of time!