The decision to sell your house brings with it a lot of pressure, as like any homeowner, you want to make a good sale out of it. There are different ways to sell a house, depending on what your priorities are. For example, if you need to sell your house fast because you need to move to another town for a job, your options would be different from if you aren’t under time constraints.
One option that is available is to sell FSBO (For Sale By Owner) which would involve selling it on your own, without outside assistance.
There are several questions you’ll need to ask yourself if you’re planning to sell your house FSBO. Benjamin Steele explains some of the considerations you need to make in the following post:
How to Sell Your House “For Sale By Owner”: An Essential Guide to Selling Your Own Home
The conundrum of choosing whether to sell your house on your own or involve a real estate agent is as follows: If you can sell your house without a real estate agent, you won’t have to pay the agent’s commissions; but if your prospective real estate agent is capable of selling your house at a higher price than you could have sold it on your own, then you may end up making more money from the sale even after paying out commissions for the real estate agent. So the question remains, how can I effectively sell my house on my own, negotiate a good price, and come out better than I would have had I used a real estate agent? If you decide to sell your home on your own, you will need to give careful thought before making several important decisions. Read more at Book Angel…
If you have prospects of a good sale when you go the FSBO way, then you have nothing to lose. Sometimes this means that you already have a friend who wants to buy your home. In such cases, be careful about being too easily convinced to sell at a lower price than your home’s worth.
FSBO doesn’t mean that you’ll have to do everything on your own. There’s the option of getting real estate agents to show your house, but that comes with its own challenges. Robert Taylor explains some of the challenges involved in this:
The Challenge of Getting Agents to Show Your FSBO
Your biggest challenge of selling your house by owner will be getting real estate agents to be willing to show your house. You might think that real estate agents would want to show your home, especially if you are willing to pay them their commission split. Nothing could be further from the truth. We’ll look at why this is a problem, and then later how you can overcome this challenge.
Majority of buyers will be represented by agent
The first thing you must realize if you want to sell your house on your own is that the majority of your buyers will be represented by a Realtor. According to The Real Estate Trainer, a website dedicated to training real estate agents, the number of buyers using real estate agents is at a 14 year high. Read more at The Real Estate Solutions Guy…
It is certain that any decision, including selling your house FSBO, will have challenges, but that doesn’t mean it cannot be done. You can navigate through them and emerge a winner if you’re strategic.
On the other hand, there are benefits that you can get when you go the FSBO way, and Peter Daisyme offers his two pence on that:
‘For Sale by Owner’: the Benefits of DIY Real Estate
July 13, 2017 6 min read
Technology and the new business models are changing the real estate game. Think about the empowerment that’s been transferred to consumers in so many areas; the same goes for selling homes. Working with a real estate agent or broker is no longer your only option.
So, read on for a full accounting of what’s changed in the FSBO (for sale by owner) world that’s made commission-free real estate a viable option, and why you too might want to consider FSBO, thanks to the evolution in technology that’s created a full-blown real estate revolution. Read more at Entrepreneur…
Thanks to technology, you do not have to fear FSBO anymore. The world has become a global village, giving you access to the masses at your fingertips.
One way to ease your FSBO process even further is to sell your house to an investor, which will allow you to sell your house much faster and at a good price. If you need to sell your house fast in Pompano Beach, FL Sell Fast Fair Offer is the company to work with.
You’ll save on commissions and seller’s fees when you work with us. Then, once you call us, you can expect a cash offer for your house within 24 hours. You then get to decide when you want to close. Call us at (305) 590-8500 or visit our website to check out our success stories.