HOW TO SELL YOUR OWN HOME
Get more money for your home and sell it quicker by selling it yourself.
SELL IT QUICKER AND SAVE THOUSANDS

Home
1. Its Easy to Sell Your Own Home
2. I'm Not Apposed to Real Estate Agents
3. The Need for Real Estate Agents
4. Why Real Estate Agencies Charge So Much
5. What Real Estate Agents Do
6. Comparing Other Properties With Yours
7. Advertising
8. Answering Enquiries
9. Appointments To View
10. Accepting Offers
11. Completing The Sale
12. Getting More Money
13. Agents Lists
14. Auctioning
15. Preparing Your Home For Sale
16. You Can Do It
Glossary of Real Estate Terms
   
2. I'm Not Opposed To Real Estate Agents!
Twizel New Zealand
I want to make it clear that I am not opposed to Real Estate agencies or Real Estate sales people. As I said, I used to be one my self. Most of the Real estate people I have associated with are really decent friendly people trying to earn an honest living. The demand is there for real estate sale people and they are filling the demand.

But the big question is, “Is it essential to sell through them when you decide to put your house on the market?” In my opinion it isn’t, especially these days with such easy access to the Internet where prospective buyers can get a good perspective of what houses are like, through photographs, without visiting them. Sure, agents can be very useful, but does their usefulness warrant the fees they need to charge? That’s a very important question to consider.

Remember that unless you are selling a rental property, the commission you pay an agency is not tax deductible. In New Zealand you are likely to pay more than $16,500 including 15% GST on any house, which sells for over $400,000. The average income earner would have to work for more than six months and earn about $24,000 gross in order to have $16,500 left after tax.

A real estate agent might save you a few hours each week for perhaps a couple of months, but is it worth your working for several months full time to compensate for it? Don't forget that if you were to sell your house through an agency you would still have to devote some time dealing with their salespeople. Of course, if you try to sell your house yourself you may have to spend several hundred dollars in advertising costs, but these days, most agencies charge the vendor for marketing costs anyway, so you will be no worse off if you did the advertising yourself.

The information on how to sell you own home is from the book "How to sell your own home" by author Silvio Famularo. Silvio has had a varied career as an opera singer, comedian, actor and public speaker as well as managing businesses. Now in his later years he devotes his time to writing books with the aim of sharing the good and valuable information he has learned in life with others. His philosophy is that it is not what you accumulate in life that matters, but what you contribute. For other works by Silvio visit the following link: Books by Silvio Famularo