Right on, Spence! What he said. In the event that you are considering trying to sell your home yourself, here are a few things to consider:
1) sellers using Realtors typically receive a better price for their home, per data collected by the National Association of Realtors (2012 data);
2) sellers without professional representation lack the Errors & Omissions insurance that we all carry, thus missing potentially significant protection for legal claims based on a real estate transaction (the statute of limitations being six years...)
3) working with a Realtor creates maximum marketing exposure for your home, and Realtors representing buyers often won't even show their buyers For Sale By Owner properties, as their chances for receiving compensation for their services is very small.
4) real estate professionals provide thorough service including comprehensive market analysis for the best understanding of how to position your home to sell in a good time frame (or at all...); valuable input on preparing your home for sale with regard to staging and other more minor time or financial investments that can pay back in spades with regards to justifying higher pricing; negotiate with buyers and make sure that you only receive offers from qualified buyers; ensure that all details from offer to close, including inspections, objections, title issues and other possible hiccups, are handled smoothly and on time, alleviating stress and concerns that can arise when these elements aren't handled properly.
Give one of us a shout if you're in the market either way, you won't be sorry you did. Contact the Santa Fe Association of Realtors - www.sfar.com - for referrals, or ask a friend who's had a good experience buying or selling!
Mark, the information on the last email sent did not format as I had intended. If you would like to contact me at Liz.Sheffield@sothebyshomes.com (it is hard to see but there is a dot between the Liz and Sheffield) I can send the info in a pdf file.... more