One of the biggest mistakes people who are selling their own homes make is over-inflating the asking price. It is the kiss of death in real estate sales. There is nothing that will stop a home sale quicker than the wrong asking price. Many who list FSBO, (For Sale by Owner) do not seek the guidance of either a local real estate agent or a local real estate appraiser. If more FSBO homeowners priced their homes correctly at the onset, they would stand a much better chance of being successful.
Homeowners who list their homes FSBO can often capitalize off a real estate agent’s marketing efforts when they bring buyers into a neighborhood where other properties are for sale. FSBO listings are not always afforded the luxury of being surrounded by other homes for sale.
The benefits of working with a good real estate agent are numerous. The best Realtors provide exceptional online marketing, outstanding printed marketing material, professional photography, and the one thing that is often really missed: expert advice!
Getting a buyer to write a contract is only half the battle. It is what comes after the offer where having a real estate agent in your corner can be golden. Finding a great agent is where a number of people make a mistake. In fact, they may have had a bad experience previously, and that is why they have tried to sell on their own. If more FSBOs took the time to find the best agent, there would most likely be a higher level of satisfaction.”
Bottom line is that if you think you have what it takes to sell a home for sale by owner, make sure you understand all of the pitfalls and what you are giving up by not have agent representation.
Yellowstone Real Estate Group is made up of a group of highly professional and successful realtors. Our combined experience will help make the selling or buying experience as “painless” as possible from the beginning of the deal until it is closed. Call us today to speak to a real estate professional. 406-333-0139