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5 Common Misconceptions about For-Sale-by-Owner (FSBO)
Should We Try to Sell Our House Without a Real Estate Agent?
MYTH #1. Lots of people sell their home without using a Realtor.
TRUTH. 95% of home sellers sold their home with the assistance of a Real Estate Agent. Of the remaining 5% of homes, 3% of FSBO’s are never sold. This leaves you a 2% chance of selling your home to a buyer generated from your advertising.
MYTH #2. It’s easy to sell your home, if you can sell a car you can sell anything.
TRUTH. It is not easy. 90% of people who try selling their home by owner end up hiring a Real Estate Agent.
MYTH #3. I’ll save a lot of money selling my home privately.
TRUTH. In many cases a Real Estate Agent can get more money for your home then if you sell it privately. 92% of home buyers use a Real Estate Agent. We know how to highlight your homes qualities, and sell professionally to buyers. We work for YOU.
MYTH #4. My home will sell quickly.
TRUTH. FSBO websites suggest you plan for 3-4 months of marketing. We know how and where to advertise your home, giving your home more exposure to buyers. A home listed with a Real Estate Agent on average sells within 8 weeks.
MYTH #5. All I need is a Lawyer.
TRUTH. For any home sale you need a Lawyer, but your Real Estate Agent has the knowledge needed to fill out all the necessary forms and contracts, how to pre-qualify buyers, and to provide mortgage, title and home inspection information to the buyer.
No wonder 95% of homes are sold through Real Estate Agents!
Contact Joey:
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