Thinking Of Selling Your DC Metro Area House Yourself Or Going With A Limited Service Agent?
Even in a seller’s market like DC Metro Area, it’s smart to look at your options and see what will actually help you best reach your goals with the sale of your DC Metro Area house. It’s important to know your options when selling a house. Dive in and learn the differences when you hire Major Key Real Estate, sell yourself, or a cut-rate limited service agent.
|Working With Major Key Real Estate||For Sale By Owner||Cut Rate Agents|
|Time To Sell:||Lower average days on market||Studies show selling yourself adds on average 20+ days to the time to sell the house**||Depends on how comprehensive the service is to help market and negotiate the home|
|Typical Sales Price:||Houses sell forwhen working w/Major Key Real Estate vs. FSBO||13% less* than an experienced agent is able to negotiate||Depends if their service includes full negotiation services or not|
|Marketing Costs:||and do all of the marketing work, maximum exposure in the DC Metro Area area||$500 – $2,000+ in ads, yard sign, and more, no guaranteed exposure||$500 – $2,000+ in ads, yard sign, and more.|
|Types Of Marketing Included:||MLS listing, professional yard sign, our team of buyers agents, featured online listings,, MEGA open house , and more!||None. You’ll need to purchase all of your marketing separately.||MLS, other marketing is usually at an extra upfront cost to you|
|Time Commitment From You:||We want this to be as hands-off as possible for you so you can enjoy the process. Most of the work is making sure your home is showcase ready 🙂||3-5+ hours per week including showing the house, open houses, marketing, putting out signs, dealing with unmotivated, unqualified, or looky-loo buyers, etc.||3-5+ hours per week including showing the house, open houses, marketing, putting out signs, etc.|
|Fees / Commissions:||Flexible commission structure of 4.5%-7%.||$100-$1,000 for materials and FSBO website listings.||You Get What You Pay For. Flat fee or reduced commission for reduced services and assistance.|
|Legal / Contract / Advice:||100% included. We handle all of the contracts, transaction coordination, documents, setting up escrow and closing, and more! We worry about the details||You are responsible for all contracts, escrow, and legal details to ensure the closing happens correctly and legally.||Limited. Not always included, when it is it may be limited. Ask the agent what they include and will not include.|
At the end of the day, we always advise our clients to put a value to your time and energy that it will take to sell a local DC Metro Area house yourself. If it takes you 30 hours of your time (at minimum) and you value your time, that alone is thousands of dollars in real value, not to mention the lost time. Most For Sale By Owners end of calling us when they are exhausted! Add up the research showing how a full-service agent who is experienced in local DC Metro Area real estate can help sell your house on average 20 days faster and for 13% more, and that’s why 89% of home sellers work with a local real estate broker like Major Key Real Estate to help you sell your home.
Ready to get started? Give us a call at 571-393-1839 or connect with us on our Contact Page.
Less Hassle, More In Your Pocket, Peace Of Mind…
When selling your DC Metro Area VA, MD & DC house, make your decision on what’s right for you based on these 3 important factors.
- The true costs: Often times people look at the commissions for an agent as a necessary evil to sell your home. But, when you partner with the right DC Metro Area real estate agents, that agent is the expert in your corner to protect your best interests. If a property takes longer to sell, a buyer backs out, you misstep because of a mistake in the contract that could cost you money, paying buyers agent commissions… all of those things add up to the true cost of selling your house.
- Your time commitment: Do you want to be (and have the time to be) heavily involved in all aspects of selling the house? From marketing to taking calls from buyers, to showing the house, doing your own open house, putting signs outside, to setting up escrow, and more? All so you can save 2 or 3% on the sale. Just calculate what your time and energy are worth and where you should best focus your time. If you’d rather not hassle with the details of your house sale, work with a trusted agent like Major Key Real Estate.
- The “experience factor”: There are hangups that can throw your closing off or cost you thousands. We help you avoid those and we deal with them for you.
Ready To Get The Process Started With Major Key Real Estate? Give Us A Call At 571-393-1839 Or Get A FREE Home Valuation Report!
* 2014 Profile of Home Buyers and Sellers, National Association of REALTORS®)
** Both the Northwestern and the Stanford studies mentioned in the Money section confirm just that: “The use of a broker does lead to an accelerated sale. In that respect, brokers appear to add value,” the Stanford researchers declared. The Northwestern study found that it takes on average 20 days longer to sell a house on a FSBO site versus the MLS or an agent.