Hi Tony, you can attempt to sell it on your own, but you might run into problems....It can sort of be compared to representing yourself in a legal matter. If you don't have the experience in dealing with the system it can become very frustrating and time consuming.
It's almost a guarantee that you will end up speaking to more brokers than buyers. The reason being, is when you advertise your property for sale by owner, Brokers/Agents will normally be the first to contact you because they are generally looking for listings and/or seeking properties for buyers.
In addition, Brokers/Agents have access to the MLS, which we all pay into, to broadcast property listings two other agents in the County, State and sometimes Nationally. When you advertise your property on your own, you have a select few sites and possibly a sign you would place on your property. So your pool of prospects is substantially limited in comparison to what Brokers/Agents have access to.
Then comes the leg work... While you're sitting in your desk at the office you will start receiving phone calls from people who, for example, may work the grave yard shift as a nurse and they can only see properties in the morning. So it become very difficult to schedule showings and forget about your weekends! So then you will have to wait to coordinate a time to meet with these people. But this is just one example...Anything can happen and believe me it always does!
The way I see it, having an agent will expose your property the greatest number of people and will give you freedom from what can often be a difficult path to navigate.
Your best bet would be to interview some agents and work with the one who makes you feel most comfortable.
Feel free to contact me if you're holding interviews! :)
321 Grove Street
Jersey City, NJ 07302