FACTS TO CONSIDER BEFORE YOU PUT YOUR HOME TO SELL
"For Sale By Owner" Do you think that selling their own home will
some money, rather listing by a Realtor
Few FACTS before you put into Sale
1.The longer a home is on the market the lower the selling price is.
Why? Because most buyers think that If the home has not sold
After this long.. there must be something wrong with the home.
2.Most sellers think that all it takes is for someone to see AND
Like decor... And the offer automatically will follow. True to
some extent, but its all convincing them at what price and the
value the home has, a Realtor trained on how to overcome buyers
double mindedness to CONVERT "SALE" TO "SOLD"
3.Limited exposure of JUST PUTTING ON LAWN SIGN you will very
likely end up with a lower selling price. In order to generate
the BEST price possible for your home… selling maximum exposure
THAT A REALROR provides by listing on MLS.
4.Most buyers find it awkward to negotiate or talk directly with
sellers and therefore avoid FSBO properties.
5.Lack of negotiating EXPERTISE and RELEVENT information often
will result in a lower selling price, disputable contracts and
end up Deal FELL Through.
6.MOST of qualified buyers are working with Real estate
professionals.
7.Many serious buyers will pass by a "For Sale By Owner"home merely
because they recognize that it is not in the real estate mainstream,
this can some times make them wary.
8.As most local buyers WORK WITH experienced REALTOR to represent
them as their buyer-agency, you will probably be negotiating against
an experienced professional.
9.Expected savings in broker's fees will also be greatly reduced
if you offer a selling commission to REALTOR to bring potential buyers.
10.If you are planning to use a Lawyer to help you negotiate the offer,
then your lawyer's fees will be considerably higher.
11.Realtors have access to the up-to-date market information.
Realtor are more involved in home transaction than a home owner,
more familiar degree of expertise that provides an edge on
negotiating and successful selling.
12.You only pay the commission,if they sell your home at the
price you are happy with.
13.Accepting an offer is one thing, ensuring a safe and successful
closing is another. Real estate transactions sometimes have problems
on closing. Lawyer's to fight it out or resolve the problems, the deal Is
lost ortoo expensive. Experienced realtors can mediate and resolve the
issues of complexity. Lawyers are for taking care of legal issues,
mediation and negotiation are the integral qualities of the Realtor.
14.You are limiting your exposure to potential buyers
(less than 10% of what a good real estate broker will generate) which
theoretically means your home will take ten to fifteen times longer
to sell on the market.
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