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Are FSBOs Really Worth The Time & Effort?

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Are FSBOs Really Worth The Time & Effort?: The FSBO Industry

Many people have asked whether or not FSBO’s are really worth the time and effort involved in the sale. The simple answer is, It Depends.

It stands to reason that the FSBO industry is based on some amount of success or else it would never have grown to the size it currently is. And the industry is growing in size every year.

Part of the reason for this phenomena is the fact that home sellers are becoming more and more educated on the involved process and as such are demanding a level of service that many real estate agents are not willing to provide, or able to provide due to a high number of clients.

Likewise people have seen huge losses by what they did not know and would have been better off with the agent.

 

Are FSBOs Really Worth The Time & Effort?

Are FSBOs Really Worth The Time & Effort?: Education Is Required

The resolution to this problem has been the education of sellers and the drive to eliminate the middle man. For years people were convinced the the only way to sell a home was to contact their local realtor and then wait for the offers.

But what if that agent was not providing enough service to sell the home in a timely manner? Was there any real way to ensure that this was being done?

It can be hard to trust someone in such a way when nothing appears to be happening. But you can trust yourself right? So, why not give yourself the tools you need to become your own real estate agent?

Are FSBOs Really Worth The Time & Effort?

Are FSBOs Really Worth The Time & Effort?: Again I Say Educate Yourself On The Process

The part that cannot be stressed enough is the need to educate yourself on the process before you undertake the selling of your own home.

Start investigating the rules and regulations concerning real estate contracts and conveyance. Find out about liens and easements and inspections. In selling your own home there are a lot of hats that you will have to wear.

Of course it never hurts to get legal advice and guidance from a lawyer educated in real estate law. There is also an abundance of information available online to help guide your education.

The web is a great resource for almost every aspect of the home sale process so take the time to investigate these things to the full extent.

If you do not feel like doing all of this, you would be tempted to take short cuts and be out of more money than you would if you had hired a professional.

So if you venture into FSBO, be diligent and alert. Good luck!

 
Take Care And Have A Great Day

Dr. Gregory Stargell II

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Are FSBOs Really Worth The Time & Effort?

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Are FSBOs Really Worth The Time & Effort?


One comment to Are FSBOs Really Worth The Time & Effort?

  • Torsten  says:

    This post iѕ invaluable. When can I find out more?

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