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Selling
your property Yourself:
- If
you choose to sell your property by yourself, it can take
time. You must arrange your own showings, schedule and
conduct your own open house.
- You
pay for all of the marketing costs.
- Since
you don't have a real estate broker to represent you in
the sale, you may need to hire an attorney at that point,
which could take up some of the savings.
- You
don't pay an agent fee.
Hiring
a selling real estate agent at Neo Realty:
- Your
home gets high exposure to a wide market audience.
- Home
listed with Neo Realty, a real estate broker, typically
sell more quickly.
- Neo
Realty will market your home and will also schedule and
manage open houses and showings for you.
- Your
broker will advise you and represent your interest in
the deal of selling, including offers, negotiations and
closing, guiding you through the stack of paperwork.
- You
pay your agent a fee for the service of selling your property,
typically a percentage of the selling price.
Renting
your property:
If
you prefer to rent your property, you can turn it over to
a property management company, like Neo Realty, or
be your own landlord. The services a managing company will
perform depend on the management and your agreement with
them. The following table details some of the rental issues
you'll need to consider. As you review these, ask yourself
how far away you're moving and whether or not you can handle
these issues from your new home.
| Rental
Issues |
You
As Landlord |
Hired
Property Manager |
| Vacancy |
You
interview candidates, show the property and choose tenants |
Neo
Realty finds and selects the tenants |
| Cleaning |
You
clean or arrange for a cleaning services |
Neo
Realty arranges for the cleaning services |
| Late
Rent |
You
collect and pursue late rent |
Neo Realty collects rents and pursues late rent |
| Rental
Income |
The
rent you collect is all yours |
Neo Realty charges a small fee |
| Repairs |
You
handle repairs and emergencies or find and hire a contractor
to do the work |
Neo Realty handles the repairs and emergencies |
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