Are you tempted to sell your home without representation?
In a 2014 survey, FSBO (For Sale By Owner) sellers were asked what aspects of selling their homes they found most difficult.
Here is what they said:
Preparing or fixing up the home for sale
Do you know which improvements are most likely to appear to buyers? Specifically, to the kind of buyers most likely to be interested in a home like yours? Do you know which improvements offer the greatest return on investment? Or which offers the last value?
Getting the right price
Do you know how to prepare a Comparative Market Analysis? Do you have access to the latest stats on recent and pending home sales? Are you in the know about factors currently influencing home values in your area, such as demographic shifts or job-market changes?
Selling within the length of time planned
Given that FSBO sellers found getting the right price such a difficult task – and given that, according to the same survey, over half of them took no action to market their home – it’s no wonder they found selling their homes in a timely manner such a challenge.
Understanding and completing paperwork
Do you know, for example, how to create a sales contract? How to read title documents? There is a lot of paperwork involved in a home sale, and failure to properly understand and complete it can result in the deal falling through, or worse, you can find yourself involved in a lawsuit.
For help answering these and other questions, get in touch with James Bright today.