Can I Help Sell Homes Without Being a Real Estate Agent?

Selling a home without an agent can be a great way to save about 2.5% to 3% on the total cost of the sale. However, this route also comes with a few risks. Without expert advice, you must learn the market and its trends. A real estate agent may encourage you to price your home too high to compete with similar properties. Ultimately, you may end up paying more than you would to sell your home with the help of an agent.

Another drawback is that you may have to deal with buyer’s agents and show homes on the weekends. You’ll also need to have time to show the home to prospective buyers and juggle work, a career, and your children’s soccer practice. This is not an ideal situation, so you might want to consider hiring an iBuyer. This service can help you sell your home without being a real estate agent.

Another disadvantage is that you might have a conflict of interest. If you’re buying a home from a relative or a neighbor, you are a direct connection, which means you can negotiate the price without hiring a real estate agent. This means that you’ll have to know the neighborhood and have knowledge of the area. Although you can avoid the real estate agent’s commission, you’ll have to consult with an attorney and get the proper paperwork. Buying a home from a relative may ruin your relationship and cause a major conflict of interest between you and the person you’re buying the home from.

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