14 Important Facts to Consider before you try to Sell your own Home

Occasionally, one can see "For Sale By Owner" signs, and some owners think that selling their own home will not only save them money, but believe they have an advantage over the sellers that have their home listed by a reputable Real Estate sales professional.
Before you decide to take on this very important and legally complicated process…remember not even most Real Estate Lawyer's recommend selling your own home yourself in today's market.
Here are a few of the reasons why:
1. You are limiting your exposure to potential buyers (less than 10% of what a good real estate broker will generate) which theoretically means your home will take ten to fifteen times longer to sell on the market.
8. Many serious buyers will pass on a FSBO home merely because they recognize that it is not in the real estate mainstream, this can some times make them wary.
9. As most local buyers now retain an experienced real estate sales person to represent them as their buyer-agency, you will probably be negotiating against an experienced professional.
10. Expected savings in broker's fees will also be greatly reduced when you offer a selling commission to entice real estate sales representatives to bring potential buyers.
11. If you are planning to use a Lawyer to help you negotiate the offer, then your lawyer's fees will be considerably higher.
12. Only real estate sales representatives have access to the up-to-date market information. News reports cannot approach the timeliness or specificity available to real estate sales people. Further, real estate sales representatives are involved in home sales much more frequently than the average homeowner is. This familiarity leads to a degree of expertise that provides an edge on negotiating and successful selling.
Jennifer’s Story: Discovering What Goes On Behind The Scenes
It took selling her family's house by herself to understand all the unseen things a REALTOR® does. And how they add up.
For more information, click on the ‘Contact me’ box on the home page.
SUSAN LOUGHEED, Broker
Your REALTOR® for life!

Proudly providing real estate services in Acton, Brampton, Caledon, Erin, Georgetown, Halton Hills, Milton, Rockwood and surrounding areas since 2001!
Let me know if you need assistance in another area. I have an extensive network of great local REALTORS® that I would be happy to recommend.
SUSAN LOUGHEED, Broker
Your REALTOR® for life!
Proudly providing real estate services in Acton, Brampton, Caledon, Erin, Georgetown, Halton Hills, Milton, Rockwood and surrounding areas since 2001!
Let me know if you need assistance in another area. I have an extensive network of great local REALTORS® that I would be happy to recommend.