For Sale By Owner: Why You Need a Realtor®

For Sale By Owner is just as it sounds, a homeowner trying to sell their home without the assistance of a Realtor®. Is it possible? Yes...Can you get your house sold? Yes...Is it typical? No, about 80 percent of FSBOs end up listing their homes with a professional Realtor® within the first two weeks.

Below are some of the many questions that homeowners have to ask themselves before embarking on this endeavor without a professional.

1. Do I have the time to make and attend appointments during the day or during normal business hours and every weekend?

2. How do I know if these potential buyers can qualify for my home?

3. Am I aware of the legal documentation that should accompany a contract?

4. How do you pick a title company, and who is supposed to pay their fees?

5. What if the buyer backs out of the contract?

6. Can I sell my home for market price without using a Realtor®?

7. What coverage do I have if the buyer sues me a year after closing?

8. Is it worth having a home inspection before putting the house on the market?

9. Who does the home warranty really protect?

10. Will I really be saving the real estate commission if I try to sell myself?

What some homeowners don’t realize is that most Realtors® do care. This is our livelihood. We want to sell your home for the highest possible price; our commission is based on sales price. So when we say the house is overpriced, it is. Our goal is to have a smooth transaction and make you happy with the outcome so the next time to have to buy or sell, you think of us.

Still, anyone can put a sign in the yard and try to sell their home, and some may actually get sold in a reasonable amount of time. But as with any profession, if you decide to take on the role yourself you are opening yourself up to potential risks.

A licensed Realtor® is just that: a licensed professional who is capable of guiding you through the process and assessing the transaction with the least amount of risk possible. We help get your home sold in the least amount of time for the highest possible price. We ensure that the buyers are qualified to purchase the home and walk you through the closing process step by step.

Some FSBOs think that since they have sold houses before in other states, that the process will be the same in another. But this is not so. Missouri is one of the most demanding states compared to others when it comes to selling a house.

In closing, just know that we are Realtors® out there for each and every situation. From leases to commercial property, we are licensed to assist with all your real estate needs.

 Courtesy of : The Kiper Team Offices:(636) 898-123, HOTLINE: (314) 729-1010 CLICK HERE to email us.