For Sale By Owner - Why Use a Realtor Anyway
Gerald Meyer
For Sale By Owner is just as it sounds, a homeowner trying to sell their
home without the assistance of a REALTOR. Can you do this, sure! Do they
actually get their house sold, sure! Is it typical? No. About 80% of
FSBO’s end up listing their homes with a Professional REALTOR anyway.
Here’s why:
1. I do not have the time to make appointments during the day or during
normal business hours.
2. How do I know if these potential buyers can qualify for my home?
3. I am not aware of the legal documentation that should accompany a
contract.
4. How do you pick a Title Company, and who is suppose to pay their
fees?
5. What if the Buyer backs out of the contract?
6. Can I sell my home for market price without using a REALTOR?
7. What coverage do I have if the Buyer sues me a year after closing?
8. Is it worth having a home inspection before putting the house on the
market?
9. Who does the home warranty really protect?
10. Will I really be saving the real estate commission if I try to sell
myself?
These are some of the many questions that homeowners have to ask themselves
before embarking on this endeavor without a professional. What some
homeowners don’t realize is that most REALTORS do care. This is our
livelihood. We want to sell your home for the highest possible price; our
commission is based on sales price. So when we say the house is overpriced,
it is! Our goal is to have a smooth transaction, and you be happy with the
outcome so the next time to have to buy or sell, you think of us.
Still, anyone can put a sign in the yard and try to sell their home, and
some may actually get it sold in a reasonable amount of time. But as with
any profession, if you decide to take on the role yourself, you are opening
yourself up to potential risks.
Licensed REALTORS are just as such, a licensed professional who is capable
of guiding you thru the process and assessing the transaction with the least
amount of risk possible. We help get your home sold in the least amount of
time, for the highest possible price. We ensure that the buyers are
qualified to purchase the home and walk you thru the closing process step by
step.
Some FSBO’s think that since they have sold houses before in other states,
that it will be a walk in the park anywhere. Not so. For example, Texas is
one of the most demanding states when it comes to selling real estate. We
as agents are required by law to have all of our ducks in a row before even
placing the house on the market. Here’s a few things we’re required to do:
1. Checking the mortgage balance to see if it the seller is even in a
position to sell at the current market
2. Verifying ownership
3. Does the property have clear Title
4. It this a saleable property, what work needs to be completed prior
to listing
5. What is the current market price to allow a quick sale
In closing, just know that there is a REALTOR out there for each situation.
From leases to commercial property, we are licensed to assist with all your
real estate needs.
Leanna Meyer is a Realtor with Re/Max Cross Country and can help you find
Dallas Texas Real Estate. Find homes for sale in Flower Mound Texas,
Lewiville, and Dallas, TX. Learn about the North Texas area at
http://www.LeannaMeyer.com . Free buyer and seller reports are available as
well as a mortgage calculator and other mortgage information. Visit
http://www.home-improvement-sites.com for Home Improvement. Leanna
Meyer, Flower Mound TX Realtor.
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