Is For Sale By Owner Worth It?

Are you thinking of selling your home without using an agent? Now we don’t want to dissuade you from being empowered to sell your own home, but we do want to arm you with all the facts before you proceed with a ‘for sale by owner’ transaction.

You Need To Be Available To Show Your Home

If you are committing to selling your home without using a real estate agent, you need to be committed to being available to show your home whenever a prospective buyer wants to see it. This means that you’re basically on call for the entire time period that your home is on the market as you can’t defer to your agent to take care of the showing for you.

 

Getting Your Listing Exposure Might Be Harder Than You Think

Yes, you can list your home online and aim to get the word out. But, the long and short of it is, you’re still missing a crucial piece of the puzzle. Real estate agents have access to their own network of other agents and industry contacts that they’ve worked hard to build relationships with. They also have access to proprietary marketing solutions that people outside the industry don’t have.

 

Pricing Your Home Accurately

If you were listing your home today, would you know what to price it at? When selling our homes we all have a number in our head of what we think it’s worth but there are many factors that we need to consider in order to get it right. First, you need to know the neighbourhood and gauge what comparable properties sold for. When doing your research you need to take into account the time of year and amount of time that has passed since those homes were sold as prices in the market can fluctuate quickly. Plus, stats show that FSBO homes typically sell for 16% less than those homes that have an agent to broker their deal.

 

The Paperwork…Need We Say More

Have you ever filled out a life insurance application? They can be so confusing and you aren’t really sure what to put where…real estate paperwork can leave you feeling that way too. The documents to sell your home are legally binding and need to be perfect in order to protect you from liability. Yes, you can have a real estate lawyer look them over, but an agent is still best to walk you through everything before it goes to a lawyer for finalizing.

 

We know that in this day and age, life is expensive and everyone is trying to save where they can, but this is the single biggest purchase of your life and we want you to have confidence in it for years to come. Give us a call today to see how we can help you!