Top 3 Reasons You Should Not For Sale By Owner

fsbosign.jpgYou have heard it once in the past few weeks and you will continue to hear it again, it is a seller’s market out there. Homes are selling in just hours from when they are listed. The market is hot and if you are on the fence about selling your home NOW is the time to do so. This is with a realtor of course. Some homeowners are debating between calling a real estate professional and trying to sell their home on their own otherwise know as a For Sale By Owner (FSBO). Here are 3 reasons this may not be the best idea…

  1. Negotiating is a key factor in the sale of your home. With the market as active as it is right now potential buyers are getting into bidding wars and often times paying over asking price. If you are FSBOing you have to be prepared and educated to handle this kind of fast paced war with confidence and ease. This can be very overwhelming if it isn’t something you do every day. A real estate professional is trained for this and can make sure you end up with top dollar.
  2. Your reach is much lower. Have you ever notice a tiny FSBO sign that sits on someone’s lawn for months? This sign may look similar to a garage sale sign and that is exactly why FSBO properties are often overlooked. When using a realtor you get the reach that may attract the right buyer. When using a Nothnagle Realtor for example here are just a few places that your home can be placed in order to maximize the reach.
    1. Award Winning Wesbsite
    2. Showcase of Homes
    3. Gallery Of Homes in the Democrat and Chronicle
    4. Text-To-Video
    5. Guided Tours
    6. YouTube
    7. Nothnagle TV
    8. Nothnagle Yard Signs
  3. The paperwork is much more involved than ever before. In order to sell or buy a fsbo2.jpghome the paperwork has increased dramatically. Industry regulations and disclosures have become mandatory. This is a major reason why the percentage of people FSBOing has decreased a great amount over the past few years. Being able to have someone that you trust to guide you through the process of selling your home and making sure all your bases are covered can save you so much time in the long run. Not to mention this protects you from getting into any sort of legal battles or complications that you may run into if you choose to sell on your own.

The bottom line is before you choose to FSBO, sit down with a real estate professional and see what they have to offer. It is worth it to at least know what you are getting yourself into before you do so. Real estate professionals are trained to be there for you every step of the way and to make sure your home sells for top dollar. Trust in the professionals that are there to help you. Contact a real estate agent today!

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