Every seller wants to make as much money as possible on the sale of their home, but if you are thinking about becoming a “For Sale by Owner,” your lack of experience could prove costly. Here’s why:
- How will you arrive at a competitive offering price?
- Are you familiar with the disclosure laws in your state? And are you aware of the liability you will be exposed to?
- Will you be available on short notice to show your home?
- Can you qualify a buyer and help them find a mortgage?
Marketing a home is not easy. On your own, you will most likely reach only a small segment of potential buyers – and, keep in mind, most buyers start their home search on the Internet where you will have no significant presence.
The complexity of a real estate transaction has increased dramatically as more disclosures and regulations have become mandatory. For your benefit, it makes good sense to hire a REALTOR® to sell your home, not only to help you get the best price, but also to help you navigate this complex transaction.
