Over the years, the percentage of homes selling without the aid of a REALTOR has dropped considerably. According to Keeping Current Matters, less than 1 in 10 private sellers are able to successfully sell on their own.
Why? Lots of factors are at play:
1. Mortgage financing is more complex than in years past
2. Pricing is tricky – with tightened underwriting guidelines, appraisals often come in lower than sales price
3. There are fewer buyers in the marketplace over all, especially since 2006 – and, 89% of them are working with a REALTOR
4. Short sales and distressed sales are very complicated, and difficult to navigate without specific real estate experience
5. Traditional marketing avenues have given way to targeted online channels, making it difficult for owners who just have one home to sell to compete
Thinking about selling? The right REALTOR can actually SAVE you money. Email us at concierge@lizmoore.com, or click below, and we can prepare a complimentary analysis of market value for you – you just may be pleasantly surprised.
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