What Else Should FSBO Sellers Know Before Listing?

There are so many different issues that can arise when selling a home FSBO. Here are four more of them.
There are a variety of opportunities in the Central Pennsylvania real estate market for both buyers and sellers.
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Welcome back to part two of my discussion on why you should not sell your home on your own. A For Sale By Owner represents a lost opportunity for Realtors and sellers. The agent misses out on the chance to sell a home and build their portfolio, but the seller loses out too. If you didn’t watch last week’s video, take a moment now to watch it here. We covered four FSBO issues there, and we’ll cover four more today: 1. There are too many people to negotiate with. Some of the many people with whom you will need to be prepared to negotiate with include the buyer, the buyer’s agent, the buyer’s attorney, the home inspection companies (who also work with the buyer), the buyer’s lender, the appraiser, the title company, the town or municipality, and more. 2. Let a skilled negotiator handle the negotiations for you. Having an experienced negotiator on your side could save you thousands, even tens of thousands of dollars. Each step of the way, from the original offer to the possible renegotiation after the inspection, you need someone who can keep a deal together until it closes.
With an agent by your side, you’ll be able to maximize the three P’s of selling: preparation, pricing, and presentation.     
3. What is your home worth in today’s market? There is so much information out there about home sales, prices, and market demands. How do you know what affects your specific situation? Real estate values and demand from homes are hyperlocal, and an experienced, local real estate agent should be your primary resource to competitively and correctly price your home at the beginning of the selling process. Hiring someone who has their finger on the pulse of the local market will enhance your selling experience and increase your final sale price.

4. Security issues. Have you considered how you will keep your home and family safe when showing it to strangers? How are you going to vet prospective buyers when they call for an appointment? When you agree to show your home as an FSBO, you are letting strangers into your home. With an agent, you have the comfort of knowing that the buyers who come see your home have been vetted, not only just for safety, but also to ensure that they are serious about buying a home.

Don't be one of the many FSBO homes that receives lower offers, isn’t well negotiated, and fails to sell due to lack of expertise in the transaction. I don't want you to find yourself in a mess. We are experienced in selling homes and know and understand all the details involved in a successful transaction. 

If you have any questions for me or you’re ready to sell your home today, don’t hesitate to reach out and give me a call at 717-695-3177 or email me at info@joydaniels.com. I look forward to hearing from you soon.

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