To help you understand just how much time and effort it takes to sell on your own, here’s a look at a few of the things you need to think about before putting that “For Sale” sign up in your yard.
Making a Good First Impression:
While it may sound simple, there are a lot of proven best practices to consider when preparing a house for sale.
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Do you need to take down your personal art?
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What’s the right amount of landscaping to boost your curb appeal?
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What wall colors are most appealing to buyers?
If you do this work on your own, you may invest capital and many hours into the wrong things. Your time is money – don’t waste it. An agent can help steer you in the right direction based on current market conditions to save you time and effort.
Pricing It Right:
Real estate professionals have mission-critical information on what sells and how to maximize your profit. They’re experienced when it comes to looking at recent comparable homes that have sold in your area and understanding what price is right for your neighborhood. They use that data to price your house appropriately, maximizing your return.
Maximizing Your Buyer Pool (and Profit):
Contrary to popular belief, FSBOs may actually net less profit than sellers who use an agent. One of the factors that can drive profit up is effective exposure. Simply put, real estate professionals can get your house in front of more buyers via their social media followers, agency resources, and proven sales strategies. We provide professional staging, online presence support and amazing social media marketing. Using this will help you maximize every aspect of selling your home.
Navigating Negotiations:
When it comes to selling your house as a FSBO, you’ll have to handle all of the negotiations. Here are just a few of the people you’ll work with:
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The buyer, who wants the best deal possible
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The buyer’s agent, who will use their expertise to advocate for the buyer
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The inspection company, which works for the buyer and will almost always find concerns with the house
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The appraiser, who assesses the property’s value to protect the lender
As part of their training, agents are taught how to negotiate every aspect of the real estate transaction and how to mediate potential snags that may pop up.
Juggling Legal Documentation:
Speaking of time, consider how much free time you have to review the fine print. Just in terms of documentation, more disclosures and regulations are now mandatory. That means the stack of legal documents you need to handle as the seller is growing. It can be hard to know and truly understand all the terms and requirements. Instead of going at it alone, use an agent as your shield and advisor to help you avoid potential legal missteps.
Selling your house can feel like a big responsibility. However, with the right team behind you it can be an exciting venture. Corken + Company values “Real Estate Solutions Without Limits.” Let us make you feel limitless today!
