Many home sellers looking to save on commission may consider listing their home as For Sale By Owner (FSBO). The logic, usually, is that not having to pay an agent's commission will be worth the headache and hassle. That logic is, more often than not, fatally flawed. There are few reasons for selling as a FSBO listing. And there are many more reasons why not FSBO
One major thing home sellers notoriously underestimate is the cost of their time. Selling a home takes work. That work requires time. Real man hours and ALOT OF THEM. How much is your time worth? Put an actual dollar amount on it. That commission probably doesn't look too bad now, does it? It might even look like a total bargain.
While we're on the subject of time, let's talk about wasting it. Remember that figure you came up with? Imagine throwing it away every time you waste it on an unqualified buyer, making you start from the beginning. Those unqualified buyers are likely to include a lot of 'lookers' who are interested in nosing through your house more than placing an offer. (That brings to mind your personal safety).
On the other hand, hiring a qualified agent means your Realtor will be bringing financially qualified people through your home who are interested in the type of property you're selling and the location. The buyers will be better--and you won't have to stop what you're doing to show them your property. You won't have to leave work. You won't have to worry about your personal security. You won't have to worry about negotiating to get top dollar, that is the job of your Realtor! You won't have to worry about contracts and if you are legally covered?
Lastly, it is a national statistic that you will keep somewhere between 13-18% more in your pocket when you sell your home with an agent. It is also a fact that 92% of all homeowners who try to sell FSBO end up listing their home with an agent.
Save your time, your money and the headaches and just give us a call. We promise you won't be sorry!
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