5 Reasons Why For Sale By Owner May Not Be The Right Option For You

Dated: 02/06/2015

Views: 1505

Considering selling your home on your own? If you are thinking of going it alone For Sale by Owner, consider a few points before you decide to take on the challenge. Here’s just a few of the reasons to hire a Jackson Stanley agent to sell your home…

1. Exposure to Prospective Purchasers

Recent studies have shown that 93% of buyers search begin their search for a home online. Only 21% of buyers consult the newspaper. At Jackson Stanley our marketing strategy is leveraged on a strong online presence. Can you really be everywhere you need to be on the internet?

2. There are a lot of people to please in a real estate transaction

If you decide to go it alone and sell For Sale by Owner, you’ll need to deal with all these pieces of the puzzle…

  • The buyer who will try to get every penny out of your equity. Have a professional agent to work on your behalf.

  • The buyer’s agent who works exclusively for the buyer of your home

  • The home inspector who works for the buyer to find every problem with the house which you’ll then have to renegotiate the repairs on your own.

  • The appraiser who is hired by the buyers lender to question the value of the house

3. Results Come from the Internet

Buyers who actually purchased a home used these methods…

  • 43% on the internet

  • 9% from a yard sign

  • 1% from newspaper

The real estate industry is in the 21st Century, your marketing strategy should be as well. Putting a sign in the yard and advertising in the paper are gone by the wayside. Now search engine optimization is the key to finding the qualified buyers who can and will purchase your home.

4. It’s Become More Difficult to Avoid Risk When Your Sell on Your Own

With the collapse of the housing market came more and more paperwork from attorneys, lenders and inspectors. And industry regulations are increasing yearly. All the more reason to have a professional Jackson Stanley agent on your side.

5. You’ll Collect More Money At Closing When You Hire An Agent

Contrary to most For Sale by Owner’s beliefs, industry studies have shown that buyers choose to purchase FSBO’s because they believe they’ll be able to purchase the home at a lower price. On average FSBO’s sell their homes for 10% less than those listed with an agent. For this reason alone, trying to sell on your own might not make sense.

The Bottom Line IS

Give Jackson Stanley a call to discuss the complexities of selling your home yourself in 2015. We’ll be happy to share with you why you should Experience the Difference that Jackson Stanley Realtors can offer you.

Blog author image

Carolann Newton

I was a domestic paralegal for 8 years prior to Real Estate. Since I have been in Real Estate I have grown to love this business, even though it does have it's challenges; it is very exciting. There i....

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