With technology and social media making it easier than ever for people connect with one another, we’ve seen an increase of sellers attempting to list their home as For Sale by Owner (FSBO). What many of these sellers discover, however, is that selling a home is much easier said than done.
Listing your home as FSBO is a massive investment of both time and effort, and could end up costing you significantly. Before you decide to list your home as FSBO, consider these reasons to sell your Encinitas home with an agent.
An Agent can Keep Emotions out of the Sale
Selling a home is an emotional process. You’ve spent years creating memories in your home, and this emotional attachment can actually be detrimental to the sale if you attempt to list your house as FSBO. You may be tempted to list your home for more than it is worth based on your perceived sentimental value, or turn down offers from buyers who you don’t think would appreciate the home as much as you did. You may even be so offended by a lowball offer that you refuse to make a counter offer.
FSBO sellers also have to deal with the sting of rejection from uninterested buyers, which can take a toll if the home stays on the market for longer than they expected. This can lead to eagerness and desperation, and a much lower sale price.
Having a neutral party negotiate the sale of your home frees you from the stress, and ensures that the sale of your home is beneficial to both parties. It also makes criticism easier to take when it’s coming from an agent who is on your side, rather than an uninterested buyer.
Selling Your Home Isn’t Your Full-Time Job
Selling a home is a process, and it rarely allows for a set schedule. Would you be able to rush home from work if someone asks last-minute to see your house on a Wednesday afternoon? Can you make time throughout the day to answer calls from prospective buyers? Will you have the energy at the end of a long week to successfully market your home?
Selling a home is a full-time job in itself. Your answer to these questions may be “no” but for an agent, it’s always an enthusiastic “yes.”
Negotiating the Sale is Tricky
Even if you have experience making sales, nothing else compares to selling a home. A good agent has the experience needed to successfully sell your home at a fair price. We’ve seen it all, and can recognize the signs of a nervous or disingenuous buyer.
You Could Risk Being Sued
Home sales require a lot of legal paperwork, which needs to be completed correctly by an expert. One important document is the seller’s disclosures. If you do not disclose something properly to the seller, you could be held liable for fraud, negligence, or breach of contract.
Unless you have extensive experience in with real estate law, it’s definitely in your best interest to let a professional handle the sale.
Selling your home is one of the biggest transactions a person can make. As the #1 realtor in Encinitas, you can rest assured that your home will be in good hands when you decide to work with me. I can help you through the entire process, and work to get you the most out of the sale.