Selling Your Property?
To get the best price for your home or property, you need to do more than just place a "For Sale" sign in the yard. In today’s competitive market, where new properties are listed every day, it’s essential to showcase your home in multiple locations to make it stand out. The perfect buyer might be located out of state—or even on the other side of the world.
Our team has a variety of solutions that are sure to fit your needs.
Sell It Yourself or Sell It Full Service
When selling your house, you have two primary options: selling it yourself as a For Sale By Owner (FSBO) or working with a licensed REALTOR®. Each approach has its own advantages and challenges.
We have options for both and below is a breakdown to help you decide which option is best for you:
For Sale By Owner (FSBO)
Pros:
- Save on Commission Fees: You will save on some or all on paying a realtor’s commission, which can add up to be quite significant.
- Full Control: You manage every aspect of the sale, from setting the price, showing your property, to negotiating directly with potential buyers.
- Personal Connection: You know your home best and can highlight its unique features to potential buyers.
Cons:
- Time-Consuming: Selling a home requires significant effort, from marketing to hosting open houses and handling negotiations.
- Limited Exposure: Not all FSBO services have access to professional networks and MLS (Multiple Listing Service), so reaching a broad audience can be challenging.
- Pricing Risks: Setting the wrong price could result in your home sitting on the market too long or selling for less than it’s worth.
- Legal and Administrative Burden: Handling paperwork, contracts, and legal obligations can be overwhelming and prone to errors.
- Buyers preference: Buyer may not wish to deal with you directly and find it extremely uncomfortable having you at the property while viewing it even.
Using a Realtor
Pros:
- Professional Expertise: Realtors bring experience in pricing, marketing, and negotiations, ensuring your home sells for the best possible price.
- Wide Exposure: Your property will be listed on the MLS and other platforms, increasing its visibility to potential buyers.
- Time-Saving: A realtor handles marketing, showings, negotiations, and paperwork, saving you time and effort.
- Market Insights: Realtors have deep knowledge of local market trends, helping you make informed decisions.
- Legal Protection: Realtors are well-versed in real estate laws and ensure all documentation is accurate and compliant.
- Easier to Access: Local Realtors have ability to show your property when you’re not home.
Cons:
- Commission Fees: You’ll need to pay a percentage of the sale price as commission, to cover the cost of the Realtor's time and expertise.
- Less Control: You’ll rely on the realtor to manage the process, which might not align with your preferred timeline or approach.
Which Option is Right for You?
- Choose the FSBO way if you’re comfortable handling the complexities of selling, have the time to dedicate, and want to save on commissions.
- Opt to use a full service Realtor, if you value convenience, professional guidance, and maximizing your home’s exposure and sale price.
Both approaches can lead to a successful sale, but your choice depends on your priorities, resources, and comfort level with the selling process.
Let us help you achieve your real estate goals with confidence and success! Reach out anytime via call/text or email!