The Danger of Making a FSBO Home Sale

Selling a home without a real estate agent can be a challenge. Many homeowners underestimate how difficult it can be to list their home for sale, market the home to potential buyers and price the home accordingly. If you're a homeowner who would like to sell your home without help from a real estate agent, here's what you need to know.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Pricing A Home Can Be Challenging

Picking a price for their home can be difficult for many homeowners. In fact, many homeowners are tempted to charge too much because of their sentimental attachment to their house, while others just find it hard to judge the value of their home.

Real estate agents use the sale price of comparable homes in the community to accurately judge how much their home is worth. They also use their expertise and extensive knowledge of the real estate market to pick the price of each home they list.

If a home is listed for a higher price than the home's market value, the home is likely to take a very long time to sell.

Many Homeowners Struggle to Fill Out Documents

One of the greatest challenges about selling a home is filling out the mountains of paperwork. Real estate professionals are specially trained to fill out this paperwork accurately. Homeowners often find this task daunting.

It's easy to mess up some of the technical documents associated with the home selling process. A single mistake can cause a home sale to fall through, or at the very least may delay a home sale for many weeks or months.

Homeowners who want to ensure that the documents are filled out properly can do so by contacting a real estate professional. A good real estate professional will be able to walk the homeowner through all of the documents, one by one, to ensure that they're completed.

There's More to Marketing Than You Know

Many real estate professionals guide homeowners to help them improve curb appeal and stage the inside of their home. Real estate professionals also market homes by creating postcards, listing homes for sale on local real estate boards and by targeting specific buyers who might be interested in that property.

Homeowners often find the process of marketing a property to be mystifying. Their advertising tends to be hit and miss, and they often don't have access to the same real estate listings that real estate agents can access. This makes it harder for homeowners to market their own property effectively.

Selling Your Home? Contact A Real Estate Professional

If you're a homeowner who would like to sell your McKenzie Lake home and you're thinking about listing your own home for sale, think twice before listing your home as a for sale by owner. Do your research to ensure that you understand the process, and if you don't feel ready to list your home, contact a real estate professional in your area. Your real estate professional can answer questions you might have about selling a home while also giving you suggestions to help your home sell faster.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.