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FOR SALE BY OWNER
If you are thinking of selling your home, you might be persuaded by some of the successful "For Sale by Owner" (FSBO) Stories. After all, why pay commission to a REALTOR® when you could do it yourself? But the reality of FSBO listings is far more complicated than you might think.
Most FSBO sellers try to cut costs by running a single advertisement, usually not often enough to attract many buyers. Your REALTOR® advertises your listing in printed media and Multiple Listing Service (MLS), therefore reaching more potential buyers than FSBO.
Many home sellers believe that their homes are worth more than buyers are willing to pay. Pricing homes for sale is a time consuming process that real estate professionals have the tools and experience to successfully accomplish.
Most homeowners grow accustomed to their home's imperfections. Your REALTOR® observes your home as a prospective buyer. Your REALTOR® will suggest ways that will help your home sell faster and closer to the asking price.
FSBO homeowners have to be available to everyone who calls or knocks on their door—that wastes much of your time. A REALTOR® qualifies prospective buyers before showing a home.
Many potential real estate buyers shy away from FSBO homes. Some fear legal problems with the accompanying paperwork. Others worry that the seller is not disclosing everything about the home's condition. And others simply feel uncomfortable negotiating directly with the owner.
For Sale by Owner is not a good approach for real estate transactions. So contact me at info@JoAnnePoole.com for the professional marketing of your home.
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