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Sometimes if you spend money you will make make more money

By
Real Estate Agent 0225218019

I have been a licensed REALTOR® for almost seventeen years and during that time I have learned a few things about real estate that I didn't understand before I was in the business.

 

A lot of people try to sell their own homes. Often these FSBO sellers think they will make more money if they don't have to pay a commission to an agent.  Statistics show that people who list their house with a licensed REALTOR® usually sell their house more quickly and make more money!

 

In addition sellers should also consider this:

 

Real estate contracts can be very complex and sometimes have a lot of contingencies. When I purchased homes before I became a REALTOR®, I was glad that I had a real estate agent who was able to explain the contract to me.

 

Some sellers try to cover up problems in their house.  An experienced REALTOR® can recommend a home inspector who can find potential problems with the house.

 

 

 

 

 

 

Posted by

Sybil Campbell, REALTOR®, ABR, SFR, SRES

Long and Foster, REALTORS®

(757) 876-0140

WHATEVER THE DIRECTION SYBIL CAN HELP YOU LOCATE THE HOME OF YOUR DREAMS

sybil.realestate@gmail.com

Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

Sybil, Virginia is a scary place in a lot of ways. Agents and sellers routinely misrepresent property condition and give the excuse that Virginia is a caveat emptor state.  Anyone who buys a FSBO in Virginia without an agent is just crazy. 

Sep 07, 2016 10:24 AM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

I agree with you Patricia.  My first broker in Virginia said, "The laws in Virginia are all in favor of the seller and they go back to the boat."

Sep 07, 2016 10:31 AM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I have heard agent say they can not aford to market their listings.  Well, you need to spend money to make money.

If you can not afford to martket your listings give it to someone else who can.

Sep 07, 2016 10:33 AM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

You are right about that William.

Sep 07, 2016 10:45 AM
Sonja Patterson
Keller Williams - BV - College Station, TX
Texas Monthly 5-Star Realtor Recipient for the Hou

Sybil, I am sure your clients value your 17 years of experience!  Sellers and buyers can encounter so many unexpected surprises, but an experienced realtor can help them navigate the unchartered waters.

Sep 07, 2016 10:58 AM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Yes Sonja, one thing I have learned about real estate transactions is that no two are ever alike!

Sep 07, 2016 11:46 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Sybil

The odds are against the homeowner is trying to sell their own homes.

Good luck and success.

Lou Ludwig

Sep 07, 2016 12:29 PM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

With the state so favorable to the sellers, a smart buyer will definitely have an agent for the guidance and a sharp inspector as well.

Sep 07, 2016 12:30 PM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

You and I know that Lou, but many buyers think they don't need our help!

Sep 07, 2016 12:42 PM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Ed, You are right, buyer need representation in Virginia.

Sep 07, 2016 12:43 PM
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

Do you ever wonder why some people think that you should be able to go in business without spending any money? 

You can earn more in real estate than in many, many businesses or in many, many occupations that require 4 years of college. And yet... some people think you shouldn't have to pay for education, marketing, etc. 

It really makes no sense. 

Sep 07, 2016 01:32 PM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Marte, People don't blink an eye about paying other professionals, but for some reason think they can do out job without us!

Sep 07, 2016 08:55 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I agree with Patricia. It is important for home buyers to buy a home with the help of an agent.

Sep 07, 2016 09:45 PM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Obviously so do I Gita!

Sep 07, 2016 10:54 PM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning again Sybil and point well made. You always need to spend to score.

Sep 07, 2016 11:33 PM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Sheila, If only consumers agreed with that.

Sep 08, 2016 03:18 AM