The potential advantages of selling privately or with a discount realtor make those options seem attractive, but there’s more to the story, especially in a seller’s market.
Among the top reasons people choose alternative arrangements for a sale are the fees. While these fees may seem high, or that not paying these fees would be a great savings, in actual fact the potential much higher selling price of the home not only covers these fees but puts more money in the seller’s pocket.
The assumption most sellers have is that they will get the exact same results and service selling privately or with a discount broker as they would with a top REALTOR®. In reality, a top brokerage is a marketing firm which advertises your property to all of the prospective buyers who might be interested.
A private sale or less experienced broker may only reach a small fraction of the potential buyers. As a result, the property could sell for less because there may be buyers out there who never got a chance to make an offer.
If you’re interested in learning more about maximizing profit from your homesale or you’re thinking of selling, get in touch with our team. We’ve helped 1,000’s of families across Toronto and the GTA sell for top dollar, and we can do the same for you.
You can always get started on your home selling journey by getting a free, no-obligation home evaluation.