|
NationalForeclosures.com presents the Free Report... Attention: For Sale By Owners!
Many homeowners believe that to maximize their home
sale they should sell it themselves. At first glance, they feel selling a home is simple
and why should they pay a broker fees for something they could do themselves?
However, close to half of the FSBOs said that they would hire a professional next time they sold. Thirty percent said they were unhappy with the results they achieved by choosing FSBO. Why? Many FSBOs told us the time, paperwork and
everyday responsibilities involved were not worth the amount of money they saved in
commissions. For others, the financial savings were even more disappointing. By the time
they figured the amount of fees paid to outside consultants, inspectors, appraisers, title
lawyers, escrow and Selling a home requires an intimate understanding of
the real estate market. If the property is priced too high, Before you decide to sell FSBO, consider these questions and weigh the answers of assuming the responsibility versus employing a professional. A little time spent investigating up front will pay off tenfold in the end. Questions To Consider: Do I have the time, energy, know how, and ability to devote a full forced effort to sell my home? One of the keys to selling your home
efficiently and profitably is complete accessibility. Many homes have sat
Am I prepared to deal with an onslaught of buyers who perceive FSBOs as targets for low balling? One of the challenges of selling a home is screening
unqualified prospects and dealing with lowball offers. Am I offering financing options to the buyer? Am I prepared to answer questions about financing? One of the keys to selling, whether its a home, a car... anything, is to have all the necessary information the prospective buyer needs and to offer them options. Think about the last time you purchased something of value, did you make a decision before you had all your ducks in a row? By offering financing options you give the home buyer the ability to work on their terms and open up the possibilities of selling your home quicker and more profitably. A professional real estate consultant will have a complete team, from title reps to home appraisers for you to utilize...theyll be at your disposal. Do I fully understand the legal ramifications and necessary steps required in selling a home? Many home sales have been lost due to incomplete paperwork, lack of inspections or not meeting your states disclosure laws. Are you completely informed of all the steps necessary to sell real estate? If not, a professional would be a wise choice. Do I have the capability of handling the legal contracts, agreements and any disputes with buyers before or after the offer is presented? Ask yourself if you are well versed in legalese and if you are prepared to handle disputes with buyers. To avoid any disputes it is wise to put all negotiations and agreements in writing. Many home sales have been lost due to misinterpretation of what was negotiated. Have I contacted the required professionals... title, inspector (home & pest), attorney & escrow? Are you familiar with top inspectors and escrow companies? Dont randomly select inspectors, attorneys, and title reps. Like any profession there are inadequate individuals who will slow, delay and possible even cost you the transaction. If these questions raise some concerns you may want to speak with a professional. We sincerely hope these tips and ideas are of value to you. If there is any way we can be of service please contact our office... we would consider it a privilege to serve you! If you would like a FREE consultation with one of our FSBO Lender Members, please contact the Lender who directed you with this webpage or contact us at: We hope this information has been
of help to you and if you need to be contacted by one of |