For Sale By Owner
What You Should Know About Selling Your Home On Your Own or With Limited Services
On average, sellers who use a REALTOR net 10% more than sellers who choose to sell on their own
National Association of Realtors study
Are you selling your home by yourself?
If so, you probably are hoping to net more from your sale than if you listed with a real estate professional. And that is understandable - most sellers would like to come away from the closing table with as much cash as possible, and the real estate commission can seem like a large sum!
But consider that most “By Owner” sellers eventually list with a REALTOR®, and many of the sellers who successfully sell their own home sell it to someone they already know. In addition, buyers who drive around neighborhoods or visit FSBO web sites usually are trying to save money themselves. On average, homes sold by a real estate professional net 10% more than those sold by the owner.
Also, is it a good use of your time? Are you able to:
- Deal with contracts and contingencies?
- Show your home on short notice?
- Pre-qualify a buyer before showing your home?
- Adequately market and advertise your home?
- Provide buyers with the legally mandated disclosures?
- Negotiate price, contingencies, and other issues with buyers?
- Manage the transaction until it closes, and deal with inspections, appraisals, and other issues?
Hiring a REALTOR® can help your sale - you should typically net more in the end, and have less headaches. Your licensed professional can handle much of the work, and you’ll have more time to plan your move.
If you’re still wanting to try things on your own for a few weeks, I’ll be happy to provide you with some advice. And if you would like to list your home with a full-service professional, please call me for an appointment to discuss the services I can provide. I would like to help you sell your home for the best possible price.