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| Why Become a "For Sale By Owner" Seller |
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Buyers feel more comfortable dealing with an owner. Many times, prospective buyers feel more comfortable speaking directly with the owners when they are looking at a house. Buyers feel that since the owners live there and have an ownership in the property, they will have more information. Many buyers also feel that they may be able to make a better deal by going directly to the owner, knowing that a sales commission will not be part of the asking price. Owners benefit from their improvements. Owners who have exceptionally well-maintained properties become upset when they realize that the real estate agent may spend a few hours in the process of selling their home and walk away with a big part of their equity as a commission. Let's face it: a homeowner may have worked for years improving and taking care of their property so that when the time came to sell, its good condition would make it easy to sell. If you have spent the time and expense preparing your home for sale, you should be able to reap the maximum profit from the sale. Opportunity of money savings: When you hire a broker to market and sell your property, their commission is usually based on a percentage of the sales price, not how much time and effort is spent making the actual sale. The broker you hire is working on an "end result" basis. If a sale is never consummated, you never have to pay the commission. In many cases, good brokers do work hard to earn their fees. They have education, knowledge and experience in the marketing and sale of homes. Real estate commissions are negotiable between the broker and the seller, but many firms' charge 5 to 10% of the sales price. If you expect to save the fee, which would normally go to the real estate agency, you will have to somewhat take the broker's role in selling your home. This will require some time and motivation. Control of prospective buyers: If you are answering the telephone and making appointments to show your own home, you are in control of the showing schedule. You know who is looking and when they are looking at your property. You are there to tell them all the good aspects about your home. Who better knows your property than the owner does? You can explain about any improvements, tell them why it is a great place to live, and why they would want to purchase your property. Sold on our service? So now you can understand some of the common frustrations property owners face when dealing with a real estate broker scenario. Well if you are sold on our service, why not click here to be forwarded to our order form to reserve your space in our publications! It is fast, effective and easy to become part of FSBO! |
