Selling My House - For Sale By Owner
There are basically two ways to sell your home: Offer the home for sale yourself as a For Sale By Owner (FSBO), or hire a Real Estate Broker. There are advantages and disadvantages either way. Many owners who have chose to market their home without a broker have been successful in selling. You must be knowledgeable of the market, have patience, and a little luck, too. The main advantage to sell without a broker is not paying a real estate commission. Make sure you know what to price your house for. If you are not sure, hire a licensed appraiser to give you a comparative market analysis.
There are advantages in using a licensed real esate broker versus selling on your own. For instance, some homeowners just don't have the time to market their home because of a job or other obligations. If a potential buyer wants to see your home at a specific time and you are not available to show it, you could lose a sale. A real estate broker can show your property to a prospective buyer anytime, if you arrange it that way.
Real estate brokers also have a wealth of knowledge about the community. This is very helpful when a buyer is shopping for a home in a certain neighborhood. There are also other advantages to using a real estate broker to market your home. Your agent will present your home to the buyer noting important facts that are unique to your home. Your broker will also screen and prequalify potential buyers to assess if the prospect can qualify for a mortgage.
If you have the time and resources available to sell your home on your own, include posting an advertisement on the internet.
By Maury Jazzetti
Website: http://www.betterlifestyles.com
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