Articles
Why Choosing a Realtor Instead of FSBO Means Your Home Sells Faster
by Reggie Moore Professional writer and proto entrepreneurIf you have been thinking about selling your home, then
there is no better time than the present. The current 2021 buying spree has
been almost unprecedented. More and more homeowners are selling their homes for
far more than they would have ever imagined even a year ago. High sale prices
and market stability rarely last for a while, so if you are looking to sell
then now is the time. There are two different ways that you can sell your home:
you can sell it on your own, or you can use a real estate brokerage. There
are some homeowners who may think that it is better to sell their own home, but
if you are interested in FSBO, then you would do well to know some of the common
pitfalls of selling your own home.
Knowing How to Price Your Home
It can be a challenge to know how much to price your home. If your home is
priced too low, you could potentially lose a lot of money by undervaluing your
home’s value. At the same time, a home that is priced far too high out the gate
can dissuade potential buyers. Realtors take into consideration the information
that is based on the Tax Assessed Value of your home. They also consider the
price of properties similar to the size and style of your home which were sold in
close proximity to your home, which are called comparables. Most property
appraisers use comparables to help determine the value of your home since the
tax assessment of your property doesn’t always reflect the real value. This is
information that may be difficult for you to find and understand on your own. Real
estate agents have access to the sale records of homes and can quickly find
comparables to help you determine the value better than you could on your own.
Access to Professional Home Sale Marketing Networks
On your own, it can be difficult to sell your home because you aren’t connected
to a professional network of salespeople, and you also have to know how to
market professionally. Marketing a home involves a strategy and a large network
of websites, lists, and forums that will host your home information. The National Association of Realtors indicates that 92% of individuals who are
looking for homes are looking online. This means that you have to know where to
post your house, and you have to know how to market to potential homebuyers who
are looking online. These are all tactics that your real estate agent will take
into account, and they also are able to place your home on their companies’ websites, professional networks, and dedicated lists which are frequented by homebuyers.
The Hassles of Paperwork and Processes
There is no doubt that one of the biggest hassles when it comes to home selling
is the paperwork. Important paperwork that can cause you major problems down
the line if you don’t have your terms down solid. If only a few things are not
precisely filled out or handed on time, this could significantly delay the
process of buying your home. Apart from the paperwork, you have to be sure to
get your home inspected, hire an attorney, check the paperwork from the
homebuyer for errors, make sure the new mortgage can get approved, and ensure
that all of the paperwork for the title has been correctly reviewed. Since
paperwork can mean the difference between you selling your house or not, you
should think long and hard about doing it on your home if you are not a real
estate professional. Having professionals who work with the terminology every
day can protect you from the nasty gotchas and hidden clauses that could leave
you liable for problems down the line.
If you are the average busy homeowner who does not want to
have to deal with all of the headache and time that is involved in selling your
home FSBO, then you should work with an agent. When you are trying to
sell your house quickly, an agent will be able to help you get through the
process by using his or her experience. On your own, the process of selling
your home may go off without a hitch, but it will definitely be time-consuming. Having a trusted professional can make all the difference.
Sponsor Ads
About Reggie Moore 
Professional writer and proto entrepreneur
6 connections, 0 recommendations, 22 honor points.Joined APSense since, April 22nd, 2021, From Lehi, United States.
Created on Jun 7th 2021 14:52. Viewed 1,124 times.
