I can understand why many sellers want to sell their home on their own. At the same time, the majority of the time they spend money on ads and other sources that will not necessarily generate the correct traffic.
Here is an article from Realtor.com that shares information about For Sale By Owner.
For most people, a for-sale-by-owner (FSBO) transaction simply isn’t in the cards. Here are five reasons why.
1. FSBOs can’t list their home in the MLS unless they pay a fee.
2. Agents won’t show FSBO homes.
3. FSBOs usually overprice their home.
4. Buyers will feel intimidated.
5. FSBOs are likely to stumble into legal trouble. Real estate transactions are fraught with potential liability for innocent sellers, particularly in California that has extensive disclosure requirements. A FSBO who overlooks even one required form or legally mandated disclosure could face a protracted and expensive buyer lawsuit after the transaction closes.
Seek the advise of a Real Estate Professional and eliminate the unnecessary liability, stress and potentially make more money.
For more information contact Louis DiGonzini at (949) 607-8543.
