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There are a lot of perks when working with a real estate agent when you want to sell your property. During these hard times that we are facing today, you need an expert to trust so they can help you go through the whole selling process as smoothly as possible. If you want to start by selling yourself, it is known as For Sale By Owner which is also known as FSBO by short, it’s censorious to consider the following:
Your safety is important to us: When it comes to FSBOs, your family's safety is the number one priority and that is more important than the current health situation in our country. For a FSBO it is extremely hard to control the number of entries in the house. On the other hand, if you take a look at a professional real estate agent, he will have a legitimate order to not only protect your things but also to protect your family and their health.
From systemizing the number of people in the house at the time, a professional realtor will provide them a proper sanitization method during and after showing the property. They are also able to offer virtual tours to their buyers while following the latest industry standards which are announced by the National Association of Realtors (NAR).
A new study from the NAR showed us that, before the COVID-19 most of the people searching for homes would go online and look for properties. These days the professional realtors have created a strong social media base to promote their sales. Some people might think that having a strong social media base is not that important, but the truth is that 44% of the buyers go online in search of a property.
If you want to start as a FSBO you will meet a specific group of people whom you have to negotiate with. These group of people are:
· People who will be looking for the best deals possible to buy (and in turn, offering low ball offers)
· The professional agents who will be showing their clients full interest in the property
· There will be inspection companies that will always try to find something wrong with the property to get it for a good deal for the client
· The assessor, if there is a valuable question
All of the real estate agents know how to deal with their customers. During their training, they are taught how to work with their buyers' feelings and how to study their emotions which helps them make the largest asset of their lives.
The first step for the real estate agents is to find a buyer who wants to buy the property. Then it comes to the second step which is to make sure whether or not the client will qualify to purchase the property. It is difficult for a FSBO to know if the client can afford the mortgage because they don’t know the techniques taught by the NAR. It is best if a professional realtor works with a buyer to get them pre-qualified or pre-approved for a loan.
The documentation involved in FSBO has just become way too difficult to handle for someone who is not trained in the real estate industry. As more and more mandatory rules and regulations are made to ensure transparency, agents are becoming more and more relevant and important.
It has been noticed that over the last couple of decades or more, the FSBO method has seen a drop from 19 percent to 8 percent. FSBO are realizing that hiring a real estate professional will not only save them money, but their time.
FSB More than half of people who are attempting to sell their home as a FSBO believe that they will save money on commission by not hiring a real estate professional. They forget that the main reason why buyers are looking at FSBOs is that they also want to keep the commission.
The difference between FSBOs and real estate agent prices is about 6%, on average. More than half of people who are new in the FSBO business think if they start selling properties on their own they will be able to save money on real estate agent commissions.
And there you have it, some quick tips on why you should consider hiring me as your real estate agent to sell your home.
If you're ready to make that next step in selling your home with a true knowledgeable realtor who knows your market, please contact me. I'd love to chat with you about your goals.
Pilar Fernandez, Owner Licensed Real Estate Broker
Six Star Realty Group Direct: (407) 777-7006
To Better Serve YOU
✓Seller Representative Specialist Designation
✓Real Estate Negotiation Expert Certification