Attn: For Sale By Owners!
FREE Consultation on the best way to market your property
without agent representation.
In this market we all can use a little brainstorming. I am an
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For Sale By Owner Advice
Why do 87% of homeowners rely on the expertise of a real estate professional to help them buy or sell their home?
If it were really safe & easy everyone would do it. But it's not, and here are 12 reasons why!
Most current or prospective homeowners simply don't have the time or money to deal with the endless frustration FSBO entails. Just look at a few of the hassles you'll face once you get that "For Sale By Owner" sign in place:
- Price
Buying a house is a lifetime investment. No one should make such an important purchase unless they are absolutely convinced the price is right. But what is the right price? It depends on where you live, your home's appraisal value, and various other market considerations. A REALTOR® already has the market knowledge to price your home appropriately. - Time
Being a real estate broker is a full-time job. REALTORS® hold open houses, call potential buyers, design marketing plans, negotiate contracts at all hours of the day (or night) and schedule meetings with lenders, attorneys and inspectors, and many more detail-oriented tasks. Do you really have time to take on this job in addition to the one you already have? - Preparation
Before you put your home on the market, a lot of preparation must be done. You may need to enhance your home's curb appeal with landscaping. You may want to repaint it, do repairs or have it professionally cleaned. A REALTOR® can tell you which of these services you may require and where to find the best people to perform them. - Marketing
You'll need to create a complete marketing plan for your home. That marketing plan should include, but not be limited to, yard signs, multiple listing service exposure, professionally prepared brochures and flyers, newspaper and magazine ads, open houses, Internet listings, and tapping resources such as national affiliations and relocation services. Your ability to receive top dollar for your home depends significantly on the number of potential buyers exposed to your product. - Showing
Your home is likely the center of many beloved family memories. You've spent hours caring for and maintaining it. Understandably, it may be difficult to respond objectively to the comments of potential buyers. REALTORS® are attuned to buyers' needs and know which features should be emphasized as most appealing. - Safety
When you place a FSBO sign in your yard, you essentially extend an open invitation for strangers to come onto your property at any time. This could put your family at risk for burglary or worse. If you sell your house through a REALTOR®, only carefully screened prospective homebuyers will be allowed into your home, always accompanied by a REALTOR®. - Legal Disclosure
Selling or buying a house creates loads of paperwork and complex legal matters that must be carefully considered. This includes, but is not limited to, sellers' property condition disclosure, lead-based paint disclosure, mold disclosure, radon disclosure and association documents and disclosure. - Negotiating
Juggling offers and counteroffers as well as navigating the complex web of contingencies inherent to a real estate transaction can be frustrating and even frightening if you aren't properly prepared. That's why REALTORS® are highly trained professionals, offering critical negotiation techniques and a vast knowledge of potential challenges affecting your sale. - Financing
Most buyers are accustomed to relying on a real estate professional to help them obtain a mortgage. Before beginning "the showing process", the experienced associate will prequalify each buyer to make sure they don't make an offer on a home they can't afford. The associate bases his or her assessment on years of experience and a professional network of experts. - Closing
After the purchase agreement is signed, work is far from done. What remains? To give a few examples: home inspections, roof reports, termite inspections, appraisals, and well and septic inspections. Estimates must be obtained and a survey must be ordered. Final loans must be approved, and any rough spots must be worked through on the way to the closing table. - Neighborhood
When selling a FSBO home, the owners do not always provide important information about the community before they leave. If you sell through a REALTOR®, that REALTOR® can be a reliable source of information, such as zoning regulations, deed restrictions, protective covenants, shopping and transportation. - Relocation
When moving, you'll need a number of services. If you're a seller, you may need painting, cleaning, landscaping, repairs or pest control. If you're a buyer, you may need a moving company, utilities connected, trash collection or newspaper delivery. Your REALTOR® can connect you with reputable providers to perform these services. What should you do?
FSBO requires considerable time, effort and money from you. If all this sounds overwhelming, we've got a simple solution. Let us help you sell or buy your home. We've got the highest average sales volume per associate, and our associates have the resources and expertise you will require. Please contact us today. We'll help you make the right move.
