FSBO isthe acronym for ‘For Sale by Owner’. As humans, it is in our nature to want to save money – and who can blame us? As you make the decision to sell your home, you may be contemplating the idea of selling privately or hiring a real estate agent.
Some people believe real estate is not rocket science and therefore, anyone could sell a home. The reality however, is that it can be difficult, time consuming and entail a certain skill set that you may not have.Often times when home sellers choose to sell on their own, their house takes longer to sell and home owners struggle with the stress and rejection that derives from interaction with prospective buyers.
When hiring a real estate agent, you are partnering with an agent who has been tested and licensed. A real estate agent knows the market and can establish the right price for your home. You may be thinking “But I want complete control over the sale of my home.” This is understandable as your home is one of the biggest investments you may make in your life. However, there are many aspects you need to consider before choosing to sell your home yourself. Let’s think about advertising. It can be very expensive and time consuming putting together an advertisement campaign. Are you prepared to pay for the costs involved? What happens if a prospective buyer would like to view your home while you’re at work? Having an agent on your side will allow you the freedom to not have to worry about showing your home and ensuring your available at all times. Most motivated buyers use an agent. Therefore some FSBO homes don’t sell as fast and often times they sell at a lower price than a comparable home being sold by an agent.
By having an agent working for you, they can make sure prospective buyers can financially afford you’re home as well as save you valuable time while they work endlessly behind the scenes.Before you decide to sell your home privately or hire an agent, contact The Manchisi Home Selling Team or call directly at 905 875 4594 and allow us to answer any questions you may have about the home selling and buying process. We are glad to help!For a free report on how to sell your home on your own visit www.haltonfsbos.com
I think that many Realtors like to play the game of absolutes.
Sure, most people aren’t equipped to sell a home on their own, but many people are able. If you are savvy and have some marketing skill, there is no reason that you can’t give it a go on your own.
Bob L.