FSBO Homes
FSBO stands for “For Sale By Owner”. If a home is a FSBO, there will not be a Real Estate Agent on the other end of the transaction ensuring the closing process is handled properly which brings up concerns to the buyer and other Real Estate Agents. Even if an owner has sold a home before, a Real Estate Agent has to disclose to buyers all the risks associated with this transaction so they understand all liabilities. Therefore, by not hiring a Real Estate Agent, as a seller, you are risking not getting as many offers as you could if you were to hire an agent.
Skilled In Price Negotiation
So, you have put your house up for sale. A few offers have come in, and now you have a bidding war. How exciting! But…what do you do now? How do you know which offer is the right one to accept? Real Estate Agents have been trained to look for red flags in offers that come in that you may not recognize, such as a nervous buyer who could pull out at the last second. Save yourself the headache, potential stress down the road and don’t leave money on the negotiating table!
Navigating Emotional Sales
Real Estate Agents are highly skilled in their field and are equipped to handle almost any situation. Believe it or not, emotions can run very high when buying a home. You may have a buyer that is relentless with their offers, even though they are offering well below what you are asking. You may feel pressured to give in to this offer if there are no other offers on the table. A Real Estate Agent is equipped to handle any situations that may arise which allows you to be removed from the situation. By analyzing all of the facts and removing all emotions, you will be able to make the best decision for you and your family.
It may be tempting to save money by selling your own home. That being said, choosing to not hire a Real Estate Agent can end up costing you more down the road. Losing out on potential buyers and not evaluating your home properly will leave you at a disadvantage.
If you are thinking about selling your home, send me a message today to find out how I can help you get your home sold!
