You can save thousands of dollars in agent commissions if you decide to market and sell your property yourself instead of hiring a REALTOR®. This process is known as “for sale by owner,” or FSBO. But sellers beware…
Although it can be tempting to put more cash in your pocket by selling your own property, that’s not exactly how it works. In most cases, FSBOs sell for less than agent-represented properties do – and they typically take much longer to sell.
Selling your own home or property means you’ll have fewer prospective buyers. That’s because seller’s agents have resources to market your property to a huge audience of qualified buyers – and as an individual home-seller, you’ll end up paying exorbitant fees for marketing that may not even work.
It also means that you’ll have to navigate the tricky – and sometimes muddy – waters of selling a property in Silicon Valley. Most people don’t have the experience or know-how to maneuver the complex real estate laws and regulations. There are federal, state and local laws at play in every real estate transaction, which can make selling a property a legal minefield.
Working with a professional REALTOR is particularly important when you’re dealing with a specialty property, such as a duplex, triplex or fourplex. These types of properties require a very specific type of marketing, and you need an agent who has connections in the industry – and who knows how to find buyers who are looking for these types of properties – in order to successfully sell your multifamily home.
Why Choose a Professional to Sell Your Multifamily Home?
Professional real estate agents have the experience, expertise, and network to market your home or property more effectively, which results in a faster sale, and usually for more money. They can market your property to a large audience of qualified buyers across several platforms. REALTORS can bring the largest pool of potential buyers to your front door, weed out unqualified buyers, help you negotiate a better deal and navigate all the legal paperwork.
There are several ways you can find and hire a real estate agent near you:
- Go online and locate top local agents
- Get recommendations from friends and family members who recently worked with an agent
- Attend open houses so you can meet with a real estate agent in person
- Call your local real estate brokerage companies
Ready to Sell a Home or Multi-Family Property in Silicon Valley?
Selling a home, duplex, triplex or fourplex does not have to be overwhelming, Debbie Marino is here to help. If you live anywhere in Silicon Valley, click here to set an appointment, call or text Debbie at 408-210-2400, or send an email to Debbie@PropertiesInSiliconValley.com to request a free, no-obligation consultation.
If you’re also looking for a new home or multi-unit in Silicon Valley, use the links below to get started:
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