While there are many obstacles for those listing for sale by owner, there are certain caveats that you should be aware of when you decide not to use an agent when listing your home.
On Fannie Mae's website under their information section for sellers they have listed a few key points to consider such as determining the value of the house and whether it's the right time. Under their section on how to list, here's what they have to say about going FSBO.
"Select how you'll market and list the home (e.g., with a real estate
agent or for sale by owner). There are pros and cons to each, but unless
you are experienced at selling homes, it usually makes financial sense
to get professional help—homes sold by agents typically sell at a higher
price and spend less time on the market. An agent will also help you
determine the best pricing for the house, they'll market the home, and
they'll be your advocate throughout the process."
While it's true, there are reasons to list FSBO, unless you have real knowledge of selling a home, you are not going to get the same level of experience or professionalism that can net you a significantly better price for your listing than you can yourself. This is because they know that the value of a home is up for discussion, and what to discuss.
Call me today to find out the value of your home, you may be pleasantly surprised!
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