Selling Your Own Home, is the BEST Way to Losing Money...

Selling Your Own Home, is the BEST Way to Losing Money...

So you are getting ready to sell your house, and you get this idea ***, I can sell a house, I mean I just sold that old kitchen aide on facebook marketplace.  How hard could this be?  I mean, my house is the ish - except for a couple projects around the house that I haven’t finished.  

If this sounds familiar, I have 5 reasons to consider not selling yourself, to not become another FSBO statistic.

  1. Liability.

As realtors, we hold errors and omissions insurance.  THis protects against mistakes in the contract.  Small things as simple as listing “hardwood floors” as a feature but the buyer later finds that they are actually just wood veneers, the seller could be liable for that mistake.

  1. Getting stuck in a Bad deal.

Real estate contracts can be very overwhelming if you don’t know what you are reading, but if you sign it, you are bound to that decision.  Without having an understanding of the laws and the paperwork, you leave yourself open to be taken advantage of.

  1. Agent Expertise.

There is a reason this is a full time job. Even beyond knowing the paperwork backwards and forwards, there is no substitute for a top producing realtor when it comes to selling your home. They know how to help you prepare for the market - getting your home ready to be shown, where most sellers ignore their home flaws, which only leads to your home sitting for much longer.  And when it comes to negotiations, having an expert realtor that understands the psychology of the buyer and their agent, will help you get the best terms. And one of the most helpful aspects of an agent, is that you have a layer of protection to a lot of emotional decisions you will be glad you didn’t make.

  1. Marketing.

Most don’t realize how much goes into this.  Even many agents.  But as a FSBO, the first by difference is the lack of MLS exposure, which also means lack of exposure on the most popular websites.  On our team, we pay for premium exposure to get the best placement on the top websites for our listings, but as a FSBO, these options are not accessible, and not financially feasible for a single sale.

  1. FSBO’s sell for less money.

Not only do they sit on the market longer, but on average FBSO’s net 16% less than if sold through a traditional agent.  And 16% is way more than the 3% you planned on saving.

Selling a home is not a simple feat.  That’s why working with an experienced agent can mean the difference to making a whole lot more money and a lot less stress.

If you are thinking of selling your home and want to talk to one of our expert agents, give us a call today or slide into the DM’s.  We look forward to helping you!