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Sell Your Own Home Post
Here are some great advantages when you sell your own home:
Saves You Money – This is the obvious selling point to sell your own home. No Commissions. Sale By Owner homes can save you as much as 7% commissions depending which state you live in.
Better Pricing – Because you’re not relying on an realtor or real estate agent you can set your price below the competition. This will bring you more lookers, sell your own home faster, and give the buyer a better deal. All while putting more money in your pocket
Sale By Owner Experience – Many real estate agents are new and simply don’t know what they’re doing. They may be a friend of a friend, a relative, some one you go to church with, but ask yourself, “Do they really know how to sell my house? The answer may be “No”.
Most Listing Agents Do Nothing – It is rare that a listing agent will actually sell your house. Generally they simply list the property, let other agents come in and show it to potential buyers and then collect their portion of the commission when it’s all over. When you sell your own home, you’re basically doing the listing agent’s work without paying the commission.
Best Price For House – Your agent will want to move your house quickly rather than get the best possible price. A large reduction in price on your end only results in small loss in commission on the real estate agent’s end. Sale by owner keeps you in charge of getting the best price.
You Know The House You’re Selling – Your listing agent will be familiar with your home, but the buyer’s agent who is actually showing the house knows virtually nothing about the house you’re selling. They will read what’s on the flyer to the potential buyer; something the buyer could have done for themselves, but will not be able to quickly answer questions as well as the owner. Sale by owner homes keep the buyers more informed.
Buyer’s Agent Don’t Care Whose House They Sell – The buyer’s agents job is to find their clients a home to buy. They don’t care if they sell your house or someone else’s. They get paid either way. And they prefer to sell their clients a more expensive house if possible. Your thinking “Sell My House” while the buyers agent is thinking “Sell Any House“
The Internet Has Leveled The Field – Because of flat fee listings, access to FSBO sites and MLS multi listings, and other marketing methods not available to Realtors and real estate agents, the Internet has basically nulled any advantages that using an agent to sell your home once had. If done right, sale by owner homes can actually reach more potential buyers than a listing with an agent
Sale By Owner Resources Are Easy To Find – Whether you need a great for sale sign, a place to list your home, information on FSBO methods, free classified ads, or sites that list sale by owner homes, the Internet has all of these things available right at your fingertips. Online home sales by owners are quickly catching up to all the other things we naturally sell online. And the resources just keep getting better.
Still not sure? Most sellers are reluctant to sell their home themselves because they are afraid of making mistakes. Here’s alist of common mistakes and how to avoid them: Sell My House -What’s Wrong
Information provided by Deane Alban. Deane Alban is an experienced real estate investor and author of The Truth About FSBO – Complete Selling System.
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