What Is Your Time Worth To You?

As a consumer, do you ever think about price versus worth?  

This summer, we gave up mowing the lawn at our house because my husband was putting in more hours at work and he simply didn’t have the time to cut the grass.  At first we thought it was ridiculous to pay someone to cut our grass, but we quickly learned that his time was better spent working or spending time with our family. His time was worth more to us than the rate we would need to pay for someone to mow the lawn. (And honestly, the company we hired did a much better job than my husband could.)

You may be falling into a similar trap yourself when you think about what you think you could do on your own, versus what it would cost to hire help. In today’s competitive real estate market, you may be tempted to sell your home on your own because sales are happening so quickly.  When you think about the dollars you would spend on the real estate commission, it’s very tempting to say ”I’ll just do it myself.” 

Avoiding Costly Missteps 

When does price versus worth come into the equation? Working with a professional typically provides more benefits than what you can calculate from their actual price. Utilizing the skills of someone with years of experience helps you avoid problems that could be costly or actually leave money on the table that you would have otherwise saved.

When it comes to selling your own home, have you considered that most offers are 10 pages long, thick with details, plus several more pages of specific addendums?  If you aren’t aware of the terms and contingencies in the offer and addendums, that’s how you leave money on the table and possibly put yourself in a harmful offer situation. Also, using the skills of a professional gives you top notch advice, marketing and advertising that will bring more buyer interest and stronger offers.

Think about it: when your car needs an oil change.. would you rather take it in to have a mechanic change the oil and give your vehicle a safety check?  Or would you rather buy the oil, take a Saturday afternoon and change your oil, then have to get rid of the oil.  (Never mind the professional safety check of your vehicle to look out for additional issues!) Few people would say that they would rather change their own oil.  It is a matter of price versus worth.  Your time is valuable, so you trust someone that is trained in oil changes to take care of it for you.  

The same is true in real estate.  Your time is valuable and your investment is precious.  Why not protect your time and investment by trusting a real estate professional to guide you through the process? Our team is full of true professionals with tons of happy clients. If you are thinking about selling your home (or buying one!), we would love the opportunity to earn your business. Please reach out to us!!