Have you considered marketing costs? (newspaper ads, real estate magazine ads, mailings, virtual tours, etc.)
Have you considered on-line exposure? Over 80% of buyers now begin their home search on-line.
Are you aware of ALL the legal disclosures required in a real estate sale in your locale?
Are you capable of determining the difference between a qualified buyer prospect and a time-wasting tire kicker?
These are a few of the services offered by a real estate professional (even if your home doesn't sell, by the way!) in exchange for their professional fee.
Did I mention that you will, statistically, net more profit with the assistance of a Realtor?
You are better off going with and agent rather than trying to sell it on your own. The agent will screen the clients for you as far them being able to afford your home. The way things are in todays world you just don't want to let anyone into your home that you don't know.
There are thieves out there just waiting to get into your home. especially if your selling your home on your own. And agent is your best bet.
I am a Traverse City Realtor and, as stated below, we are not allowed to discuss the going rate of other companies. I will, however, tell you that as a seller in this market, you are going to need all the help you can get. It's pretty tough out there right now for sellers. The buyers have a lot of good deals to sift through, and generally everyone has a pretty good price on their houses for sale to compete. You will want the marketing ability and the expertise to get your listing out there to any potential buyers and the 800+ realtors selling in this area. I would be happy to talk to you about what our company can do for you in this market and give you an opinion on what your home is worth. Let me know!
You should sell it yourself if you can. However you should also know that 86% of those selling without professional representation eventually list with a Realtor.
You should also be aware that "saving the cost of commission" is an interesting reason. If you sell on your own, are you paying a buyer's agent commission? If you are already paying 3-%, then you are really trying to save 3-4% of the price. How much is that?
To put it another way, do you know that the buyer that sees the home they buy sees it with a Realtor 90% of the time? So when selling without professional representation, that means that 5% of the time a seller sells to someone they know, so you are basically dealing with only 5% of the market.
That should not surprise you that homes sold by Realtors average 16% more than those selling on their own.
So, I suggest you interview three Realtors, ask them for an Estimate of Seller's Net Proceeds, and do the math.
Let me ask you, when you buy your new home, are you planning to use a REaltor? Why? Because we work for 'FREE". So don't you think it makes sense to at least look into it?