Will we save the commission by selling it ourselves?
A study over the last three years by the National Association of Realtors® found the average seller would end up selling their property for 14 percent less than one with professional representation.
Can we list our property higher and come down later if it doesn’t sell?
At first, listing high and leaving room for negotiating makes sense; however, this creates problems in getting the home sold. Most buyers won’t even bother looking at properties that are priced too high. When we price the property right, you have the chance for multiple offers versus not having any offers or opportunities to negotiate.
Is it better to use a friend in the business?
In today’s market, almost everyone knows one or two people in real estate. The question you need to ask yourself is, are you selling the house to do a favor to your friend or truly looking for an aggressive agent who will net you top dollar for your home? Are you willing to possibly lose $100K by working with your friend?