Some people wonder whether or not it is worth it to actually hire a real estate agent when it comes time to sell their home. Listing your home as “for sale by owner” does have its pros and cons, and it is important to make sure you do your research before you commit to this decision. One good thing about listing your home for sale by owner is that if you feel it isn’t working out, you can always go back and choose to hire a real estate agent to help you.
However, if you do stick with selling your home without the assistance of an agent, you absolutely should consult with a real estate attorney to make sure all of your legal bases are covered. You have nothing to lose by neglecting to hire a real estate agent but if you are looking to sell your home in a hurry, you may not want to take this on yourself. Sure, you will save the commission fees if you don’t hire a real estate agent but you may run into other financial issues. If you need to move to your new home before you have found a seller for your old home, you may end up paying a lot more than you anticipated.
If you are thinking about selling your home without a real estate agent, you should give it a try for a couple of weeks and if there is no movement, it may be time to consider an agent.
If you require experienced legal representation for any of your residential and commercial real estate, bankruptcy, or family law matters, contact the Mark Scollar Law Office today to schedule a consultation.