To FSBO or not to FSBO?
So you’re undecided whether to use the resources of a real estate professional or Realtor® or to go For Sale by Owner (FSBO). The main reason people consider FSBO is it’s a way of saving money on professional fees or commissions and it can be if you know what to do. Notice I said it can be not, it is a way.
To get the highest and best offer, consider the following.
7 things to consider in making your decision.
#1 What is your time worth?
You are an expert at what you do, because you do it day in and day out. You are efficient at what you do.
A real estate professional or Realtor® lists, prepares, negotiates and does real estate contracts day in and day out. We are efficient at what we do. Selling your home is a big project with lot’s of steps.
#2 What is your home worth?
If you are an appraiser, skip to #3.
You are an expert at what you do, because you do it day in and day out.
A real estate professional or Realtor® knows the market, knows the values, knows the area, knows the trends, knows the season for buying and selling and knows what to price your home at. We know how to accurately price your home for the return you want.
#3 What can you do to your home to get the best return from upgrades?
If you are a contractor, interior designer or perform real estate staging, skip to #4.
A real estate professional or Realtor® knows the competition and can give you advice on how to get the competitive edge to sell your home fast and for the highest possible price. Selling a home has a lot of options. Some give negative returns, while others give positive returns. A Realtor® sees homes day after day and will guide you to your goals.
#4 Are you a marketing guru?
If you are a marketing genius, skip to #5.
A real estate professional or Realtor® knows what works and what doesn’t work in marketing your home. This saves time and saves money. You can spend lots of money advertising, but if it doesn’t produce a buyer it’s just reducing your margin when selling your home.
#5 Should you have an open house and does it usually produce the buyer?
A real estate professional or Realtor® knows what’s best for you and your situation. Statistically, open houses do not produce a buyer, but they do put other things into motion that can produce a buyer. A real estate professional or Realtor® provides the resources to market, hold and follow up on the traffic that comes to a open house when selling your home.
#6 Do you know what inspections are needed, the time lines for getting them done and do you have the time to get them done?
A real estate professional or Realtor® knows what is needed and what timing is needed for these home inspections. It is part of their professional duty to orchestrate all of these home inspections and reduce costly duplications, especially when multiple home buyers are involved.
#7 So you found a buyer. Now what?
If you are a real estate attorney or work for a Title company, you know what to do next.
A real estate professional or Realtor® does this day in and day out. They work closely with Title companies in preparing, coordinating and procuring all the necessary documents to keep the home sale from falling apart and maintains the home sale file for a minimum of 5 years should a problem arise.
So, you’ve confirmed you want to go FSBO, click Here for the 10 Steps to selling your home by owner. And best wishes!
If you are ready to use a professional but not sure who, Here to see why you should list with us.
If you know you want to leave it to us, call or text me at 813.240.6054 now and one of our team members will help you get started. Or fill out the floating Contact Us form and one of our team members will call you to set up a no obligation review of your home.
We specialize as seller’s agents in South Tampa, SOHO, Davis Islands, Channelside, Harbor Island, Westshore, Culbreath Isles, Culbreath Bayou, Bayshore Boulevard and Plant High School district homes. Specialty zip codes 33606, 33602, 33611, 33609, 33629. We are seller’s agents for the rest of the Tampa bay areas including: Westchase, Country Way, Citrus Park, Fawn Ridge, Carrollwood, Carrollwood Village, Old Carrollwood, Keystone, Odessa, Lutz, New Tampa, Seminole Heights, Wesley Chapel, Land O Lakes, Avila, Lake Magdalene, North Dale, North Lakes, Lake Ellen and Forrest Hills. Zip codes: 33613, 33604, 33603, 33614, 33612, 33624, 33618, 33556, 33558, 33559, 33625, 33626, 33635, 33634, 33544, 33543, 33549, 33548, 34639.