Are You Considering Selling Your Denver Area House Yourself, Or Maybe Thinking About Signing With A Limited Service Agent?
Even in a seller’s market like Denver, it’s smart to consider what options you have when selling your house. What choice will help you achieve your goals with the sale? It’s essential to know the pros and cons of each option before deciding on what makes sense. Dive in and learn the differences when you hire The Denver Real Estate Agent, sell your Denver home yourself, or hire a cut-rate limited service agent.
Denver Real Estate Agent vs. FSBO vs. Discount Agent
Rotate Device And Scroll To View More of the Table Below
| Working With The Denver Real Estate Agent | For Sale By Owner | Cut-Rate Agents | |
|---|---|---|---|
| Time To Sell: | Lower average days on the market, usually less than 50 days. | Research shows that selling yourself adds on average 20+ days to the time to sell the house** | Varies widely on how full the service is to help market and negotiate the home. Sometimes it doesn’t sell at all. |
| Typical Sales Price: | Houses sell for 13% higher prices* when working w/ a broker vs. FSBO | 13% less* than an experienced agent is able to negotiate | It depends on the level of negotiation services provided, if any, under their rate. |
| Marketing Costs: | $0 – Our extensive and state of the art marketing is included at no cost to you. | $500 – $2,000+ in ads, signage, web listings, and more. | You will likely pay for much of it, or there is little marketing done. |
| Types Of Marketing Included: | MLS listing, professional yard sign, photography, 3D tour, videos, virtual staging, featured online listings, open house if necessary, and more! | You’ll need to determine marketing strategy’s, set them up and pay for all of your marketing separately. | MLS listing, sometimes without professional photos. Additional marketing generally cost extra. |
| Time Commitment From You: | As little as possible. Our main goal is to make the process as hands-off as we can for you. | Varies, but generally 5-10+ hours per week. This includes showing the house, holding open houses, marketing, putting out signs, etc. | 3-5+ hours per week helping with showing the house, open houses, marketing, putting out signs, etc. |
| Fees / Commissions: | Standard Commission Rate. You get exceptional service. Saving you time, stress, and money. | $100-$1,000 for materials and FSBO website listings. | Flat fee or reduced commission for reduced services and assistance. |
| Legal / Contract / Advice: | 100% included. We take care of the contracts, documents, setting up escrow, closing instructions, and more! We stress about the details so you don’t have to. | You are responsible for all contracts, escrow, and legal details to ensure the closing happens correctly and legally. | The contract is included. Agent advice may be limited. Ask the agent what they cover and will not include. |
We ask our clients, “what is your time and energy worth to you?” How much of both will take to sell a local Denver, Colorado house yourself? If it requires 30-60 hours of your time (at minimum) and you really value your time, that alone is thousands of dollars in real value lost. Not to mention the loss of your time away from other things you could be doing instead. Consider that by the time you try to research the market, prepare your house, market, and show and handle the legalities of a sale, you could find yourself spending months dealing with the process, all to sell for less than what an experienced broker would have gotten you. Instead, think about how a full-service agent experienced in local Denver real estate can help sell your house on average 20 days faster and for 13% more. And you will understand why 89% of home sellers decide to work with a local real estate broker like The Denver Real Estate Agent to help sell their home.
Ready to sell your Denver house? Give us a call at 720-928-3231 or connect with us a message here.
” Tristan Colborg is a motivated, driven and organized individual. Tristan is always looking to improve in every aspect of what he does. He is continually researching new ways of marketing himself and his work. Tristan displays a great amount of punctuality and planning. Work with the best! “
Stress-Free Process, More In Your Pocket, Greater Peace Of Mind
When selling your Denver, CO house, choose what’s right for you based on these 3 critical factors.
- The actual costs: Often, people look at the commissions for an agent as a necessary evil when selling their home. Those costs can be even higher if you choose to sell without a Denver real estate agent or choose the wrong one. But, when you select the right Denver real estate agent, that agent becomes a powerful asset. They are the expert in your corner and will help protect your best interests. You may decide to sell yourself or choose the wrong agent, and you may experience all types of costly situations, like a property taking longer than expected to sell, a buyer backing out, or missing a mistake on the contract that could cost you money. Plus paying buyers agent commissions, all of those things add up to the real cost of selling your house.
- Your time commitment: Do you want to spend or have the time to be heavily involved in the process of selling the house? From marketing to taking calls from buyers, showing the house, doing your own open house, putting signs outside, setting up the escrow, and more? Why so you can save 2 or 3% commission on the sale. Think about what your time and energy are worth and where you would instead spend your time. If you don’t want the hassle or stress of worrying about your house sale details, work with a trusted agent like The Denver Real Estate Agent.
- The “experience factor”: There are issues and roadblocks that can throw your closing off and possibly cost you thousands. We help you avoid those, and we deal with them for you.
Ready To Get The Process Started With The Denver Real Estate Agent? Give Us A Call At 720-928-3231 Or Get A FREE Home Valuation Report!
Sources:
* 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 an FSBO site versus the MLS or an agent.
