Joanne Metz

LICENSE: 475.102563


(708) 502-2127
(773) 985-7700 (Office)

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Why No FSBO?

Posted On: July 10th, 2017 10:42PM

It’s tempting, I know! You are web-savvy and have a basic understanding on how to sell a home, so why not go ahead and list your home yourself and save the commission you would pay a REALTOR®?

Let’s take a close look at your options. As a 30+ year professional REALTOR®, I seen a few FSBO sales work out fine. I have seen many more that did not. There are so many variables that can affect a home sale, having the expertise to avoid, and then navigate through, them is critical to a successful closing.

Here are a few more reasons to always use a REALTOR® to sell your home.

Net Profit

The average house usually sells for more when sold by a REALTOR®, allowing the seller to make a better profit, even after paying the commission. Factors affecting this include determining your home’s correct market value in the first place, negotiating the terms, concessions and more.

Paperwork

The paperwork involving the sale of a home is detailed and must be completed correctly. You won’t personally have to address contracts, addendum, loan processing with the potential buyer, his attorney, home inspection companies, appraiser, or your bank. Title work is critical and there are often questions a REALTOR® can help you answer.

Marketing

When searching for a home, buyers will most likely use sites such as REALTOR.COM, Trulia, Zillow and others. These databases of homes come from the Multiple Listing Service (MLS) syndication. The MLS is proprietary to real estate licensees only, individual home sellers cannot list their home here. Sites receiving the MLS listings have sophisticated ways to showcase properties and use photographs, virtual tours and marketing principles, which reinforces a faster sale.

Buyer Follow Up

The online sites I mentioned above capture the buyer’s information when they express interest in your home, which a REALTOR® can then follow up on. You simply don’t have the opportunity for broad lead generation this way. Also, timeliness is critical when getting back to a buyer. If you work at all, or have family to care for, dropping what you are doing to respond to an interested buyer can be a challenge.

When you really stop to take these reasons, and more I can share with you, into consideration, it’s make sense to list your home with a REALTOR®.  I’d love the chance to sit down and help you weigh your options, and outline your projected profit. Contact me by phone, text, or email anytime!

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