Rick Lopez

What Are The Cons Of Home Sale By Owner?

Planning to sell your home? You might be considering selling your house without hiring a real estate agent, and handling the process all on your own. While that can help you save some money, there can be more problems than gains for you overall. Know about some of the cons for home for sale by owner in Nova Scotia.

It is tough to market your home

In the absence of a proper network, it can be extremely difficult for you to market your home. While you can list your house, getting it noticed by enough buyers is one of the biggest problems that you will face. An agent can list your house with the Multiple Listing Service (MLS), and spread around the word about it across a vast network of agents. He can also list it on his own website, thereby attracting a lot of attention from prospective buyers.

Checking a buyer is tough

Unless you are skilled in the process, it will be impossible for you to determine the qualifications of the buyer for houses for sale in Nova Scotia. Getting a mortgage letter might be all that you need. But remember, there is a major difference between being pre-qualified vs being pre-approved for mortgage. Not understanding the difference can soon be an issue for you.

Not being able to ensure safety

Open houses invite a lot of criminals, and qualified real estate agents can ensure your safety as well as theirs during home showings to strangers out there.

Author Resource:-

Rick advises people about real estate, property investment and affordable housing schemes. You can find his thoughts at real estate agent Nova Scotia blog. If you would like more information about property listings in Nova Scotia, please visit this website.