fsbo, yes or no?
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Selling your home yourself can save you thousands of dollars in commissions. However, this might not be your
best option and here's why exactly you should think twice before going FSBO.
It is no joke to sell your home, to put it concisely. What if you have a job that demands not only your time and
effort, but has you always on the move even when you have left the workplace? What if you are required to do a lot of flying? You an entertainer, perhaps? Got long work
hours? Do a great deal of study reading just to stay as good at your work tomorrow as you were today? I might have touched a nerve with any of the above descriptions
(or maybe more), and if I have, then things are too exciting and/or demanding as of the present for you to go FSBO.
You would be better off seeking the help of a Realtor if you work in a profession that is either one or more of the
following - fast-paced, difficult, stressful, exciting, never-a-dull-moment, time-consuming - you get the idea. Take the
time when you first put your home on the market to interview an agent or two. Find out how their listings are marketed. Ask if they keep their clients informed about the status of their property's marketing. Do not just ask
for, but INSIST on references - no references, then tough. And once you have found somebody who leaves you no doubt about his/her skills and experience, then sign that
listing agreement. A good agent can give you sound advice and save you a ton of time.
You are probably a good candidate for working with an agent if you have never bought or sold a home before. The
same thing is true if it has been a number of years since the last time you bought or sold. Dibs on those double quotations if you are new to your county and have not
bought or sold a home in there either. Naturally, the exception to such a truism would be those individuals who are under the employ of real estate firms or other similar lenders. You may not be buying or selling your home on a regular basis, but your experience would definitely serve
you well when it counts.
I would advise older individuals to enlist the assistance of an agent. In most instances these would be homeowners who have owned their property for several years, even
decades. The home has appreciated - often more than the owner realizes. Now the owner wants to "up the ante", so to say, and is wanting to buy another piece of property, on
one community level, with grounds maintenance and other exterior chores outsourced to an association. But
this cannot be accomplished if they do not sell their home. One simple thing the homeowner could do would be to
increase their savings from the sale, which would result in lower operating expenses for the new home compared to
the old one. The idea of making a big change and the multiplicity of accompanying concerns is daunting. This is why I firmly believe hiring somebody with experience can
be a boon to any homeowner.