Thursday, July 21, 2011

Selling your home yourself

Many people look at selling your home themselves rather than hiring an agent.  Believe it or not, you can find an agent that will work with you to make that happen.  I'm one of them.  Selling your home yourself is a very tricky proposition.  You have to consider many factors; like marketing!  Putting a sign in the yard will cover those that drive in your neighborhood but, what about all the others that don't?  Ok, take an ad in the newspaper.  Not many folks are looking the the paper these days and you still have to pay for the ad.  Internet!  There are some sites that advertise but, your still paying for the membership and you have no guarantees to find buyers. 

Now, say you have a buyer.  What do you disclose that's wrong with the house?  If you don't, you could get into some trouble later with the buyer should you close.  What about paperwork, contracts, addendums, closings.  The list goes on and on.  Truth is, you will get more money using an agent and less headaches, at less costs than if you did sell it on your own.  FSBO's can be successful and there are stories where the right buyer comes along but, odds are much less that you'll sell the home for the highest price in the shortest amount of time unless you use a real estate agent.  I enjoy working with folks like that though and don't mind if they were successful selling their house on their own.  I know I've helped someone along the way and that will come back to me someday.

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