Thinking Of Selling Your North of Boston Area House Yourself Or Going With A Limited Service Agent?
Even in a seller’s market like North of Boston, it’s smart to look at your options and see what will actually help you best reach your goals with the sale of your North of Boston house. It’s important to know your options when selling a house. Dive in and learn the differences when you hire Hill Haven Properties, as opposed to a cut-rate limited service agent, selling yourself, or using an iBuyer.
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|Selling with Us||Discount Realtor||For sale by Owner (FSBO)||iBuyer|
|Time to sell||Less than the local average Days On Market. Our goal is to get you not only the best sales price but also get you to the closing table as quickly as possible. This is possible because of our in-house marketing team working for you||Depends on the level of package selected and experience of the assigned agent.||Depends on your ability and the time you have to negotiate.||Can be fast but at a heavily discounted price.|
|Typical sales price||Our ultimate goal is to get the Listing Price or more. Our team is fully trained to negotiate for you. Not only do we want to get the best price but also the best possible terms.||Depends on the experience of the assigned agent; most discount realtors are new to the industry so negotiation experience could be limited.||On average, homes sell for 26% LESS than Agent assisted home sales.||Typically below market value.|
|Marketing||We go beyond just putting your property on the MLS (Multiple Listing Service). We bring maximum exposure to your property with our in-house digital marketing experts. You pay $0.||Limited||Depends on your ability to market. At the end of the day, to get the best, most qualified buyer you have to bring as much visibility to the property as possible. This can get expensive, time-consuming, and overwhelming. And it becomes your expense out of pocket before selling the property.||None; you’re selling direct to them|
|Work done by THEM||Working with options other than a fully trained staff of experienced and dedicated agents can be risky. Going with “cheaper” options can cost you more money at the end of the day. Our goal is to do it right the first time. You have the best local real estate team behind you.||Less hands-on service and support throughout your sale.||None||None|
|Work done by YOU||None||Varies. Discount realtors/brokers offer many different packages. The less expensive they are, the more you have to take on.||100%. You’re responsible for all the work from start to fin||None|
|Commission/Fees||None. You only pay a commission when we sell your house||Flat fee or 2%||Most people want to sell their property FSBO to avoid fees and commissions.||Typically 5%|
|Legal advice||As a licensed real estate agent, we’re held to a high standard to know the legal ins and outs of a home sale. A house sale is a legal transaction so have the best backing you up. We handle this||Typically handled by the assigned realtor.||You’re responsible for the entire process and making sure everything is done legally including making sure title work is done, all taxes are paid by each party, etc. Consult with an experience closing attorney or title company to make sure nothing is left undone.||None|
|Closing costs||Typically 3%||Typically 3%||Typically 3%||Typically 1%|
|Time to close||We push for the fastest closing and term||Dependent on the negotiation experience of the assigned agent.||FSBO transactions can be faster – but only if the buyer and owner already know each other.||7 days to 60|
Less Hassle, More In Your Pocket, Peace Of Mind…
When selling your North of Boston Serving MA & NH 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 North of Boston 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, showing the house, doing your own open house, putting signs outside, setting up escrow, and more-while only saving 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 Hill Haven Properties.
- The “experience factor”: There are hang ups that can throw your closing off or cost you thousands. We help you avoid those and we deal with them for you.
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 North of Boston, Serving MA & NH 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. Add that to the research showing how a full-service agent who is experienced in local North of Boston real estate can help sell your house on average 20 days faster and for an average 13% more, and that’s why 89% of home sellers work with a local real estate broker like Hill Haven Properties to help you sell your home.
Ready To Get The Process Started With Hill Haven Properties? Give Us A Call At (617) 299-9239 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.