"For Sale By Owner" in Asheville
It This Really the Best Way to Sell Your House?
“I want to sell my house here in Asheville. With sites like Truila and Zillow why should a hire a real estate agent when I can do it myself and save the commission?”
Should you sell your home without an agent? Well, like the old saying that lawyers so often quote goes, “the man or woman who represents himself has a fool for a client.”
Now don’t get me wrong.
I’m not calling anyone a fool but people who want to “For Sale By Owner” often forget that the home selling process is not only complex but is a legally binding one as well.
They see FSBO as a neat way to avoid paying commissions for the listing agent and/or buyer’s agent.And due the recent economic troubles, who wouldn’t like a bargain?
Yet, failure to provide the necessary paperwork and documentation can very quickly lead to a breach of contract and a nasty, expensive legal battle.
Did you know that besides your listing agent, it can take at as many 24 different home professionals to effectively sell a house?
~ Insurance assessors,
~ Mortgage brokers/lenders and underwriters,
~ Inspectors (pest and others),
~ Real estate attorneys,
~ The buyer's agent,
~ The Buyer's Banker,
~ Title researchers,
~ Home repair crews,
Plus a great number of other individuals whose actions and decisions have to be overseen in order to get a home sale closed.
Why You Should Be Careful When Trying to Sell Your Home on Your Own
So before you decide to dump your house on the open market and struggle to sell it all on your own, you need to ask yourself these key questions before you take a bad misstep:
Do I know North Carolina real estate and property laws pretty well?
Do I know how to fill out the numerous required legal forms for a real estate sale?
Do I have up-to-date information on all the comps (comparisons) of homes being sold in my community?
Am I able use all the latest technologies to market and promote my home on as many communication channels as possible?
Am I capable of negotiating the best asking price for my house (in the current market)?
Do I have a new place ready to move into? Or will I be trying to sell this house, while moving into another one?
Am I prepared to “stage” my house, so I can “show” it anytime I get a interested buyer?
Do I have to sell my current house fairly quickly?
Do I have time (and energy) to gather the necessary resources, documentation and information?
And can I perform all this all under intense emotional pressure?
Am I a first time home seller?
This is maybe the largest selling decision you ever will make, and if you cannot confidently say “yes’ to at least five of the questions above, then talking to a trustworthy real estate professional might well be worth it to you.
If you have any questions, we invite you to call contact home listing specialist, Skye Streppa, at 828.210.1684 or by email TeamStreppa@gmail.com.