REALTORĀ®.ca
Home Buy Homes Sell Homes Boards & Associations Help Site Map

realtylinkonline


        now viewing: REALTYLINK INPRINT ARTICLE

Could you sell your own home?
Selling a home is complex. Whether you are capable of handling this task on your own, or whether you would be better off using a REALTOR® will largely depend on your answers to the following questions.

  1. Are you familiar enough with the changing real estate market to accurately evaluate your home and market it at a price that will be attractive both to you and prospective buyers?
  2. Do you have sufficient knowledge of the many laws and regulations that affect property ownership?
  3. Do you have the skills to advertise and market your property effectively? Do you know how much advertising costs and where to place it for the best exposure?
  4. Are you a good negotiator? Will you be unnerved or offended by aggressive buyers looking for bargains?
  5. Do you know that all British Columbia real estate property purchasers must pay a government Property Transfer Tax? Do you know how much?
  6. Do you have the time to show your home to all prospects at any time of day, evening or weekend? If you take a day or evening off, will you miss the one big chance you have for a sale?
  7. When the doorbell rings with a prospective buyer, will you be able to determine if he/she is serious or is merely making frivolous enquiries? Furthermore, would you be able to determine - and protect yourself - if the buyer is really a thief or a con artist?
  8. Can you qualify a prospective buyer’s financial capability? Do you have the knowledge and contacts necessary to help the buyer arrange mortgages?

After you’ve totalled all of your selling expenses, including non-monetary costs such as time invested, invasion of privacy and other possible disruptions and frustrations, ask yourself if you have truly saved money by selling your home yourself?

Most people feel they haven’t the time, objectivity or skill to undertake the sale of their home, so it’s best to rely on a professional — your REALTOR®. Only trained, licensed real estate practitioners can call themselves REALTORS®. As members of the Real Estate Board of Greater Vancouver, REALTORS® adhere to a strict code of ethics and high a standard of business practice in representing your needs.