For Sale By Owner
Read this before selling a home by yourself !
Owner Vs Agent Marketing
Homeowners do not have to spend time or money on marketing. Agents have the resources, expertise and budget to market the property. They understand how to get maximum exposure and reach to sell your home in shortest time for the most money, which sellers do not have.
Avoid Over or Under Pricing
Bidding war is unlikely. You need an expert who researches neighborhood and can help you price the property according to market condition. Agent strategically places the property for quick sale in the market. Moreover you need an experienced realtor to handle multiple offers to your advantage.
Expert Negotiation
Inexperienced negotiators are prone to disagreements over concessions, price and more. There are no warranties. Commission savings are lost when smart buyers and their agents negotiate directly with seller. Lenders are cautious on private deals resulting in more requirements for financing. Exclusive Agent can help homeowners avoid delay, uncertainties.
Pre-qualified Buyers, not Lookers
Marketing by homeowners attracts prospects that are usually not pre-qualified. Homeowners need not invest their time on just lookers or buyer’s who may not qualify. Buyers that work with Agents are qualified, serious and do not waste the sellers time, thereby netting more to homeowner.
What do For Sale By Owners (FSBO’s) face
Consider these issues before deciding to sell your home. 1. Understanding and drawing legal paperwork. 2. Getting the right price for the property. 3. Preparing and Staging the property. 4. Helping prospective buyer obtain financing. 5. Attracting potential buyer, not enough exposure. 6. Selling within reasonable time frame. 7. Not enough time for the sale. 8. Unable to handle issues such as inspection, negotiation, settlements with buyers. 8. Inability to protect motivation from potential buyers.
