What Happens When You Sell Your House Without A Real Estate Agent?

Some people are nomads and decide to take on the herculean task of selling their house or property without a real estate agent. Of course it is possible, but like many things, it is not advisable unless you’re truly experienced in the field. As in, know all the laws and codes and ordinances and are prepared to deal with things that go wrong. The average homeowner, armed with Google, probably doesn’t have this type of knowledge and experience. What actually happens when you sell your house without a real estate agent?

What Happens When You Sell Your House Without A Real Estate Agent?

  • You need to completely separate your emotions about your home from the facts about your home
  • You have to personally show the house yourself when people want to see it
  • You’re wide open for a lawsuit

This is the home your brought your babies home to, or the first home you bought after college, or the house where you grew up. You have a lot of sentimentality attached to it that makes it very difficult to put an accurate price tag on it. In fact, studies show that only about 40% of For Sale By Owners price their house correctly in that critical first week, when it is most likely to pick up the most traffic. Price it too high and nobody will look your way. Price it too low and everyone will wonder what’s wrong with it. Pricing is absolutely critical and real estate agents are masters at pricing because they know everything you don’t – the neighborhood, the market, how much your old roof detracts from the worth – you get the idea.

People want to see your house on weekends, evenings, Tuesdays at noon, New Year’s Eve, etc. In fact, you could spend entire weekends doing nothing but showing your house. Of course you could say you aren’t available, but then you lose a potential buyer. Will your boss let you miss so much work? What about evenings when your kids are home – who will watch them while you show the house? Don’t forget that you also have to be prepared to hear some pretty tough criticism about your home, including your decor and prized possessions. It might be pretty difficult to hear someone poking fun at the clay pot your nephew made or the quilt your grandma knit for you. Yikes.

Unless you know all there is to know about building codes, closing costs, disclosures, first time home buyers, etc., you’re going to have to hire a lawyer anyway, which is going to be nearly as pricey as just hiring a real estate agent in the first place. Some people do go to closing alone, but they are risking a lot – hundreds of thousands of dollars – when hiring a real estate agent would have probably paid for itself in what they would have gained through price negotiation by a professional. Why make your life harder?

Are You Thinking of Buying a Home in Dubois County?

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Situated on a .35 acre lot is this 1402 sq. ft. all brick ranch style home. Features include 3 bedrooms and 2 full bathrooms and offers a neutal decor. This home also includes a separate family room with a fireplace as well as a living room. Updates include new flooring, fresh paint, some new light fixtures, a new commode, and much more. There is also a large rear yard and patio for entertaining and an attached 2 car garage and driveway for parking. This home is conveniently located near schools and shopping and offers immediate possession. $234,900 Active

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Listing courtesy of GarySchnell from SELL4FREE-WELSH REALTY CORPORATION.

Welcome to 952 E 24th St in Ferdinand, IN! This delightful rambling ranch offers an abundance of space both inside and out, situated on a generous 3.24-acres +/-. Perfectly designed for your favorite hobbies, the fenced pasture invites a variety of outdoor activities. Surrounded by mature trees and a rolling landscape, this property is truly a must-see. Parking is a breeze with both a 3-car detached garage and an attached 2-car garage, featuring an extra set of stairs that lead directly to the basement. Imagine unwinding in the evenings on your swing beneath the charming pergola. As you step inside, you'll be greeted by an inviting family room boasting panoramic windows that seamlessly bring the outdoors in. The oversized kitchen is a chef's dream, complete with a walk-in pantry, a spacious island, and ample room for a dining table, perfect for gatherings. Adjacent to the kitchen, the den provides additional space for relaxation or entertainment. The main level also features three spacious bedrooms and one and a half baths, ensuring comfort for everyone. Venture downstairs to discover a massive open room, complete with a bar area—ideal for recreation and entertainment. The basement is also plumbed for an additional bathroom, adding to its versatility, and a laundry room conveniently completes this level. Don’t miss out on the opportunity to transform this charming country home into your very own sanctuary, all while being just a stone's throw from town. This is your chance to embrace the best of both worlds! $329,700 Active

952 E 14th Street Ferdinand, Indiana

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Listing courtesy of BrendaWelsh from SELL4FREE-WELSH REALTY CORPORATION.

Step inside this charming Cape Cod on the south side of Jasper! This 3 bedroom, 1.5 bathroom home has plenty of efficient storage between the beautiful, custom kitchen cabinets and built-in shelves in the upstairs bedrooms. The dining room leads into the living room, boasting an open concept. Step directly into the enclosed porch perfect for relaxing and reading your favorite book. For convenience, there is an additional washer and dryer hookup in the enclosed porch. The finished basement is complete with outdoor access, a half bath, laundry room, bar, and an additional cooking space. Resting on just over half an acre, the back yard is the perfect oasis for the kids to play and to entertain visitors. Behind the home, you will find a spacious two car detached garage and additional driveway parking or entertaining. The detached garage includes a workshop great for projects or crafts. Sellers states the roof on the home and garage are new! $179,700 Active

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Listing courtesy of BrendaWelsh from SELL4FREE-WELSH REALTY CORPORATION.