I know most of us at some point in our lives have moved from one home to anouther and have experienced how fun, and not so fun this can be at times!! Today with all the information out there many people believe that the can sell their homes and and move by themselves, selling For Sale By Owner, or FSBO as we call it. Let me tell you that it is possible...BUT not as easy as you think. Below are just 5 of the reasons you want to work with a Real Estate Professional.
Your reasons to use a Realtor haven't changed in fact they are now more important and necessary due to the anticipation of higher home values and higher interest rates due to the recovering housing market.
1. What In The World To DO With All This Paperwork adn Forms???
Each state has their own forms, rules, and regulations. These forms change alot and you need to be aware of these changes for your protection...always CYB!! A true professional can easily help you understand all the different forms to fill out and what the meaning of each is.
2. WOW..You Found The Homes of Your Dreams...Now What?
The Orlando Florida Regional Realtor Association says there are over 230 possible steps and things to do in every real estate transaction. Its important to use a Realtor that is experienced and has done this several times before.
3. How Good Are Your Negotiation Skills...They Better Be Good
Did you know that in each transaction there are at least 11 people you have to deal and negotiate with.
Here is a list of some of the people with whom the seller must be prepared to negotiate if they decide to FSBO:
- The buyer who wants the best deal possible
- The buyer’s agent who solely represents the best interest of the buyer
- The buyer’s attorney (in some parts of the country)
- The home inspection companies, which work for the buyer and will almost always find some problems with the house.
- The termite company if there are challenges
- The buyer’s lender if the structure of the mortgage requires the sellers’ participation
- The appraiser if there is a question of value
- The title company if there are challenges with certificates of occupancy (CO) or other permits
- The town or municipality if you need to get the COs permits mentioned above
- The buyer’s buyer in case there are challenges on the house your buyer is selling
- Your bank in the case of a short sale
4. How Much Is Your Home Really Worth? Click Here To Find Out
To bring the right Buyers its important to know that your home is priced and valued properly. Tis not only attracts the right Buyers but will decrease the amount of time your home sits on the market. Using a Realtor that's not emotionally attached to your home to give you current market data will be very important in this step. Did you know the average FSBO home sold for $210,000 compared to $245,000 for homes sold with an agent says the National Association of Realtors 2015 Profile of Home Buyers and Sellers. By using the right Realtor you can get the most money for your home and put more money in your pocket.
5. Do You Really Know What The Market Is Saying?
Dave Ramsey says "When getting help with money, whether it’s insurance, real estate or investments, you should always look for someone with the heart of a teacher, not the heart of a salesman."
With all the different information that's available, about home prices, interest rates, and what is going on in your neighborhood specifically its important to know the details. Hiring an agent will make the process easier and help you net more money that by selling it on your own.
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Joseph Carrier is a Top Realtor In Cape Coral and An Expert Advisor when it comes to Cape Coral Gulf Access Homes and Cape Coral Waterfront Real Estate.
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