April 15, 2017
Top 5 Reasons You Should Not For Sale By Owner
This report is from http://www.keepingcurrentmatters.com/ that talks about the Sale by Owner and how those stack up against Realtor sold homes. Let’s go over them and see the solution and how much money you can save with me selling your home. Lets look at some of them
” Exposure to Prospective Buyers
Recent studies have shown that 94% of buyers search online for a
home. That is in comparison to only 17% looking at print newspaper ads.
Most real estate agents have an internet strategy to promote the sale of
your home. Do you?”
Realtors rely on the internet as one of the key factors to selling homes. I pay $500 a month to Zillow to get my listings Premium Marketing. Realtor.com, Trulia and many other sites also advertise my listings. I also always pick up my phone when it rings to sale the property.
“FSBOing Has Become More And More Difficult
The paperwork involved in selling and buying a home has increased
dramatically as industry disclosures and regulations have become
mandatory. This is one of the reasons that the percentage of people
FSBOing has dropped from 19% to 8% over the last 20+ years.”
I just sold a listing in 16 days to a former For Sale by Owner that had a disastrous experience with a buyer who had an agent. The buyers agent and the inspector really killed the deal, and it could have been saved. That buyer actually came back again and tried to purchase the property. That is usually a sign that they wanted a lot of money off the sales price using inspections.
The paperwork involved is more work than finding the home. I am going over today to look at the repairs on a home we are closing in a few weeks for an out of state client. I will take pictures, get receipts and get all that back to my client. All this is very important for a buyer and knowing that the repairs were done correctly.
” You Net More Money When Using an Agent
Many homeowners believe that they will save the real estate
commission by selling on their own. Realize that the main reason buyers
look at FSBOs is because they also believe they can save the real estate
agent’s commission. The seller and buyer can’t both save the
“Studies have shown that the typical house sold by the homeowner sells
for $185,000, while the typical house sold by an agent sells for
$245,000. This doesn’t mean that an agent can get $60,000 more for your
home, as studies have shown that people are more likely to FSBO in
markets with lower price points. However, it does show that selling on
your own might not make sens”
That is a huge difference to anyone’s pocketbook. I sold a home in Avon Lake and the buyers agent informed me that the home was worth $24,000 less that what I was asking. I knew the value and made sure my seller got the $24,000 in his pocketbook. We closed the deal and my client got his $24,000 and we also helped the neighborhoods other homes in value.
I have sold 100’s of homes with my Discount Listing Packages in Ohio and Arizona. Don’t go it alone sale your home for more money and save money on Commissions doing it Call Brett 216-703-5740 Century 21 Premiere and 602-363-6551 EXP Realty