It is a difficult market to try to sell the house. You can get a real estate agent or you can do it yourself. In these economic times, you might consider addressing sell yourself. "For Sale by Owner" saves 6% commission fee that goes to the broker.
That's a lot of money that you would rather keep in your pocket. Stick a sign in the yard and wait. Sounds easy enough, but maybe not as profitable as you think. This is why hiring a real estate agent is a step better for sales and development of properties, especially in tough economic times:
* Market Knowledge:
A professional agent has a thumb on the pulse of the housing market in your area. He knew what was going home to and can help you determine a fair price that will be competitive. By the way, the commission fee to the price of housing prices.
* Disclosure and Contract Knowledge:
A real estate agent has all the correct documents and laws for your state are already on file and ready to go, plus they know what they all mean. It would be easy to get into the legal mess over disclosures and contracts if they are not true.
This is very important! A potential buyer will place a bid on the house. Is it fair? Should you take it? An agent will guide you through this process.