For Sale By Owner: It's a Tough Sell

You've seen the sign: For Sale By Owner. It doesn't seem like such a bad idea. How hard can it be to sell your own home? And you would save thousands of dollars in commission. Then you realize how time consuming selling your home by yourself can be. Then there's the hassle. Most people choose to list their home with a qualified real estate agent because it's easier to let the agent handle the aggravation. For those considering the buy owner approach, here are five reasons you may want to consider YOUR AGENT CONNECTION.

  1. For Sale By Owner homes aren't listed in MLS. The multi-listing service is a nationwide database of homes for sale. It's the first place agents look when trying to find homes for potential buyers. If you are not in the MLS library, the vast majority of people looking to buy won't even know your house is for sale.
  2. Most agents won't bring clients to a FSBO home. If agents don't know the home is available, how can they bring potential buyers? There is no incentive for an agent to show a FSBO home, and often, working with a seller who is not skilled in the real estate business is not worth the effort.
  3. FSBOs can be drastically underpriced. Most homeowners don't have the experience to properly price their homes. YOUR AGENT CONNECTION will provide a real estate agent who has all the latest tools to evaluate the market and help you set the right price. They may even help you sell the house for thousands more than you thought it was worth.
  4. FSBO sellers are unfamiliar all the legal issues. Often people selling their home are going through the process for the first time. If they don't know the legal process, they can be left prone to costly lawsuits and time-consuming delays.
  5. It's the biggest decision of your life. Most home sales are in excess of $100,000. That's a big chunk of change. If you were to be audited by the IRS, you would want a CPA there with you. The agent referred to you by YOUR AGENT CONNECTION is on your side, there to guide you through the process, and above all, help you get the most money for your home.

If you are thinking of using the For Sale Buy Owner approach, we invite you to do more research and check all your options. In the meantime, fill out this sign-up sheet. Even though you are not bound to use our service, we believe when you talk with the agent who best suits your needs and you see that we've negotiated a lower commission rate for you, you'll be comfortable with our approach.

  
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