Realtor Helps FSBO in a Buyer’s Market

February 13, 2009 at 3:57 pm Leave a comment

There are still homeowners who think they can sell their home on their own in what is overwhelmingly a buyer’s market amidst an ailing economy.

Honesty, those folks are wasting their time and money. It’s hard to sell your home if you don’t have the resources to market your home correctly. If you do not have the tools and expertise to find out the true value of your home or do not have the networking experience needed to sell your home, the journey will be a very long one. It is also hard to sell your home yourself without having some emotional attachment, which can make the process difficult.

Many of the so-called “For Sale By Owner” (FSBO) home owners do not have respect for what Realtors do. That’s why they attempt to sell the house themselves, not knowing that 85 percent of FSBO’s end up with a Realtor before they sell anyway.

I have encountered around 20-plus FSBOs in my career as a Realtor. I can only remember two of those FSBOs’ owners selling the home on their own. And it was largely because their home was priced lowest in the neighborhood or in the city. One of the successful FSBOs came through with the help of a buyer’s Realtor.

There are many great Realtors out there who can do a much better job for you than a FSBO outfit. If you are looking to sell your home, get the expertise of a reputable Realtor. She or he can sell your home for a higher value in less time and you can focus on things that you are an expert on.

Selling your home on your own to save 6 percent commission will not do you any good if you aren’t able to sell your home in the first place. It is a long journey without success and one that will cost you a lot of money in a declining real estate market.

Entry filed under: Arizona Real Estate, Chandler Real Estate, Phoenix Real Estate. Tags: , , .

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