What you need to know about FSBO
You may think selling your home on your own, or FSBO (for sale by owner) is a great way to save money when you list your home. We’re here to tell you that this is often the opposite of what happens. Here’s why.
Selling FSBO often leads to a lower sales price. This is because a licensed REALTOR® has access to MLS and therefore, comparable data about homes int he neighborhood. In order to set a competitive price for your home, you must have this information.
Selling on your own also opens you up to risks that a real estate professional has been trained to avoid. They know how to qualify buyers and ensure your home isn’t being exposed to possible criminal activity during the showing process.
Statistically speaking, a home listed with a real estate company is likely to sell faster and for a higher price than a FSBO. Since your goal is likely to sell in the shortest amount of time and for the highest price possible, you can save valuable time and money by listing with a licensed professional.
Real estate transactions can be daunting. There is a mountain of paperwork and more deadlines than a newspaper. Navigating this process should be left to the pros.
If you’re thinking about listing your home as a FSBO, contact us today for a free, no-obligation home valuation and let us show you how The Chris Wylie Team can get your home sold fast!