• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Chris Graves, Certified Mortgage Advisor

Providing Mortgage Services in MA, NH, ME, RI and FL

  • Home
  • Mortgage Tips
  • Real Estate Tips
    • Home Buyer Tips
    • Home Seller Tips
    • Market Trends
  • AVM
  • Apply
  • About
    • Contact
    • Profile
    • Testimonials
    • My Zillow Reviews
Home / Real Estate Information / Home Buyer Tips / Five Reasons Not To Sell Your Own Home In MA

01.01.13 Home Buyer Tips, Home Seller Tips

Five Reasons Not To Sell Your Own Home In MA

When it comes time to sell a property, owners sometimes consider not using a Realtor. Just like electrical repairs, taxes, and other tasks, it may be possible to do it yourself but usually it may end up costing more because of mistakes made in the process. Technique, resources, and expertise are important, particularly when it comes to selling such a big investment. Below are five reasons not to sell your own home in MA that sellers should consider.

Pricing Complexities

Determining the right price will mean the difference between your property selling within a reasonable time or not selling at all. Many homeowners make the mistake of referencing past values, the selling price of a very different type of house, or stagnant listings active on the market to determine their price. Incorrect pricing can result in wasted time and a much lower selling price when it actually sells. Listing agents understand changes in the market and understand the complexities of setting prices. This is critical not only when your property is initially listed but also as time passes and the market fluctuate.

Amount of Exposure

Real estate professionals can expand the reach and exposure of your listing to a larger amount of prospects. Most buyers, especially first time home buyers, use real estate agents to assist them through the buying steps. For-sale-by-owner marketing options do not access the network of real estate brokers. The selling price is based on inventory, demand, and time. By taking more time and limiting exposure (the demand), the end result could be a significantly lower selling price.

Buyer Qualification Methods

Not all prospects are created equal. There are different elements of an offer and pre-approval that should be reviewed beyond price. Taking your home off the market for an unqualified buyer can cause you to lose valuable time, miss out on other buyers, or leave your listing unfairly stigmatized. Realtors will ensure you thoroughly assess offers and limit your risk.

Creative Strategies

Deals sometimes move forward or fall apart over very miniscule things. There are ways to keep a deal intact that homeowners may not think of simply due to inexperience. Listing agents accumulate a wealth of knowledge over time and usually find alternate ways to bring buyers and sellers together or to address issues.

Keeping Deals Together

Emotions play a role in many real estate transactions. It is natural given the large investment that buyers make and the attachment that many sellers have to their home. Real estate agents act as a cushion between parties to maintain civility and communication. Believe it or not, this is pivotal in most property transfers. Your real estate agent can maintain clear thinking and advise you on matters while keeping your best interests in mind.

Five Reasons Not To Sell Your Own Home In MA

Listing agents help you start at the right price for the current market, reach the most potential buyers, understand the qualification of buyers, bring deals together through creative solutions, keep deals together, and achieve successful closings. Homeowners who take the for-sale-by-owner route to save money may be faced with lengthy market times, commit mistakes, and ultimately save less money than they thought. The five reasons not to sell your own home in MA noted in this blog are just a few reasons not to sell by owner.  For further information contact Christopher Graves at Emery Federal Credit Union via phone at 781-759-1200 x22 or email christopher.d.graves@gmail.com.

It's only fair to share...Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
Linkedin
Share on google
Google
Share on pinterest
Pinterest
Share on email
Email

Tags: for sale by owner, listing, MA

Chris Graves's avatar

Chris Graves

I grew up in Massachusetts, spent the majority of my young adult life in Boston, and own a home in Windham NH. I have owned properties in MA and NH. I specialize in mortgage lending in Massachusetts and New Hampshire and my company does have the ability to lend in other states. I graduated from the University of Massachusetts in Amherst Massachusetts in 2002. I have a Bachelor’s in Science. In addition to managing a team of loan officers my personal loan production is always in the top of the entire of company. I have personally been in the mortgage business for over 13 years. I pride myself with taking my clients from application to close in the smoothest and quickest way possible, while keeping them well informed during the entire process. I originate my own loans from start to finish and work hand in hand with my loan processors & underwriters to make sure I am updated to the minute with all of my files. I stay up to date with lending guidelines and speak with underwriters on a daily basis to ensure I am aware of all of the lending guidelines in place.

sidebar

Blog Sidebar

Blog Categories

  • Local Information (61)
  • Misc Topics (14)
  • Mortgage Information (118)
  • News (22)
  • Real Estate Information (176)
    • Featured Properties (2)
    • Home Buyer Tips (134)
    • Home Maintenance & Repair (12)
    • Home Seller Tips (40)
    • Market Trends (24)

ICYMI

150 Murphy Road Peterborough NH – Single Family Home For Sale

FHA Loan Limits for 2019

Preparing for FHA Appraisals

Details Of Massachusetts Colonial Style Homes

Is it too late to buy a home?

Self Employed Mortgages

Are you or someone you know self employed and are interested in taking out a mortgage? Does the income that you claim on your tax returns not necessary as much as you really make? Well I have the product for you. It is called a bank statement loan! Watch this 49 second video to learn more. I can ... Read More

New Freddie Mac Self Employed guideline

If you are self employed and you are looking to explore your mortgage options you need to listen to this one minute video! Contact Christopher Graves, Loan Officer at 978-376-5389 or PM me here. #selfemployed#selfemployedmortgage ... Read More

Could there be an opportunity brewing in real estate?

Could there be an opportunity in real estate? Listen to this 47 second video to find out how! PM me here or call/text 978-376-5389 for a no cost or obligation analysis. #realestate #purchase #windhamnh #boston #cma #1sttimehomebuyer #investor #massachusettsrealestate #nhrealestate #mainerealestate ... Read More

DSCR Loans

What is a DSCR Loan? The debt service coverage ratio percentage is used by lenders to determine the cash flow on an investment property. This allows the mortgage lender to access the borrower's ability to repay the mortgage loan. The DSCR percentage is calculated by dividing the market rent by ... Read More

What the Recent Fed Hike Could Mean to the Housing Market

To help fight inflation, the Federal Reserve has hiked its benchmark Fed Funds Rate six times this year, including their most recent hike of 0.75%, taking the Fed Funds Rate from 0.25% to now 4.0%. Remember, the Fed Funds Rate is the overnight borrowing rate for banks, and does not directly affect ... Read More

Disclosure

Company NMLS 1788.
Licensed by the New Hampshire Banking Department #13092-MB.
Licensed in Massachusetts.
Lender and Broker License #MC-1788.
http://www.nmlsconsumeraccess.org
Click Here for Our Privacy Policy

Footer

Chris Graves, Certified Mortgage Advisor

  • Facebook
  • Instagram
  • LinkedIn
  • Twitter

Contact Chris

Direct/Mobile: 978-376-5389
264 South River Rd, Suite 550
Bedford, NH, 03110
603-458-5107 x201

Topics

  • Local Information (61)
  • Misc Topics (14)
  • Mortgage Information (118)
  • News (22)
  • Real Estate Information (176)
    • Featured Properties (2)
    • Home Buyer Tips (134)
    • Home Maintenance & Repair (12)
    • Home Seller Tips (40)
    • Market Trends (24)

Disclosure

Company NMLS 1788.
Licensed by the New Hampshire Banking Department #13092-MB.
Licensed in Massachusetts.
Licensed in Maine.
Licensed in Florida.
Lender and Broker License #MC-1788 (Not Licensed in Alaska or New York)
http://www.nmlsconsumeraccess.org
Click Here for Our Privacy Policy

COPYRIGHT 2022 © CHRIS GRAVES, ALL RIGHTS RESERVED