Selling a home yourself entails many responsibilities.  Are you ready to take on the burden?  Here are a few items to think about:

  • Are you ready to handle the legal paperwork and liabilities.
  • How will you price your home? 
  • Do you really know how to compare your home to your neighbours?  Only a Professional Realtor knows what homes in your neighbourhood have sold for.
  • Are you ready and willing to take phone calls from potential buyers all hours of the day?
  • Are you ready to show your home all hours of the day?
  • Are you willing to hold "Open Houses" on Sundays?

It is estimated that approximately 85% of For Sale By Owners (FSBO'S) switch to a Realtor, take their homes off the market or pay 2.5% to a Buyer's Agent.  Only approximately 7% of privately  for sale homes sell for market value or even less.

Steps you will have to take to try and sell your home on your own:

  • You must be available to take calls at all hours of the day.
  • You must be available to show your home at all hours of the day.
  • Visitors seem to love your home but you don't receive any offers.  Why?
  • You will be plagued with Investor Buyers trying to get a deal and drastically reducing your price.
  • Is your buyer qualified to buy a home?  It's a Realtor's job to make sure your buyer is qualified.  When the deal falls through it can make people think there is something wrong with the house.

Approximately 95% of buyers work with a Realtor since it's free for them. If your buyer comes with an offer through a Realtor you will have to pay at least 2.5% commission to the Realtor.

So, is trying to save 2.5% commission really going to be worth your time and potential legal risks and liabilities?

Changed your mind?  Give me a call 613-872-1110.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.