There are few Yardley PA home sellers who have successfully sold their own Yardley PA real estate on their own. While these DIY’ers may be competent home sellers, others local Yardley FSBO transaction included selling properties to a family member, fellow co-worker or a tenant who was already renting. While these occasions are exceptions, they are rare. For most Yardley PA real estate sellers, for sale by owner (FSBO) transaction simply are not feasible for a few reasons.
First, Yardley PA FSBO clients are unable to list their homes for sale in the Bucks County MLS due to membership only to licensed real estate agents. Therefore, local FSBOs in Yardley PA are shut out of major real estate websites such as Trulia, Zillow and Realtor.com . This is much more exposure than a simple yard sign and a local advertisement in the local newpaper.
Secondly, most Bucks County PA real estate agents simple refuse to take buyers to Yardley PA FSBOs due to money. No money for the agent. It’s no secret that in normal agent assisted real estate transactions, the buyer’s agent and listing agent split the commission. However, in Yardley PA FSBOs there is no assurances of an agent being compensated due to a lack of a listing agreement unless the buyer has signed a buyer's brokerage agreement that specifically provides for such compensation.
Although in some cases, a seller of a Yardley PA FSBO may cover the buyer’s agent commission, many Bucks County PA real estate agents won’t go through a Bucks County PA FSBO transaction with a seller that represents themselves. What does that mean to you, as a potential Yardley PA FSBO client? Your pool of potential home purchase candidates has severely dwindled even more to most unqualified buyers.
Other factors to consider in is many Yardley PA FSBO clients tend to over-price their home for sale in Bucks county. Not to mention the potential for legal issues. In the current day and age of disclosures, one overlooked or legally required form could result in possible hefty and drawn out lawsuits, even after the transaction closes.
Yardley PA FSBO Key Takeaway
Use a licensed, Bucks County PA real estate agent who will aggressively market your Bucks county PA real estate listing at the correct price that the market will bear and support and using today’s technology to reach an extremely large pool of qualified buyers for a fast home sale closer to the full listing price