Times are tough and many of us are looking for different ways to save money. ?We?re driving less, clipping coupons and even cooking more meals at home. ?This brings me to ? For Sale By Owner homes ? FSBO?s. ?Is this Do-It-Yourself project really worth it?
First of all, only licensed Real Estate Agents are permitted to list on the Multiple Listing Service. ?This greatly reduces exposure for the listing. ?FSBO?s are locked out of many other home searching websites such as Realtor.com?also. ?MLS is vital in terms of exposure for a listing.
Pricing can be tricky also. ?A real estate agent can provide an update on market conditions, an assessment of the likely selling price of the home and tips for improving the home?s buyer appeal. Overpricing a FSBO home is a sure way to deter potential buyers. Having professional advice can help prevent this.
Many buyers feel intimidated when the seller is present and will spend less time in a for sale by owner home. ?Buyers may be less inclined to make an offer if they know that they will be negotiating directly with the seller also. ?Agents can help by providing an emotional buffer for the seller and potential buyer.
Real estate agents can help prevent potential liability for unwary sellers also. ?Many sellers may be unaware of various disclosure requirements mandated by the state. ?Working with a licensed agent ?would alleviate the owner of having sole responsibility of keeping up with the ever changing laws that vary by state.
So is it really worth it to try and sell your home without a real estate professional? ?I?ll let you decide. ?For more information on all the services offered and how I can help you market and sell your home, please do not hesitate to contact me. ?I would be glad to answer any questions you might have.
Source: http://www.insidethebeltline.biz/fsb/
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