Sell My House Privately? - Wouldn't it be easier to just pay an agent??
How much is your time really worth to you - Lets break it down for you below...
For example, let’s say your home is worth $700,000. With the Australian average commission rate being 2.9%, that means fees of approximately $20,300.
Everyone is different, however, on average, it may take the everyday person 12 hours of their time in total to sell their house privately. That includes the listing process, photos, inspections, negotiating & settlement of the home. 12 hours of your time, for a commission of $20,300 works out to be $1,690 per hour! - How many times in your life will you ever be afforded the opportunity to be paid $1,690 per hour??
Although there is a small amount of work involved, the rewards for your efforts are incredibly high. Selling your home privately is just a smart financial decision for any property owner.