Are you thinking of selling your home on your own, without
aid and professional advice of a qualified REALTOR? You may want to re-examine your decision to do so, because chances are good that you will not increase your net gain by selling your own home.Do you believe your savings on commission will be your reward after you attend a seminar or two on selling your own home? A home sale is a complex series of transactions with multiple parties. Not only is it time consuming, consultation and coordination with professionals at every level is necessary. Attendance at a seminar or two does not make you an expert on home selling.
The average person will buy two to three homes in one lifetime, unless they are a property investor. A top producing REALTOR will average 5-10 transactions per month. A REALTOR with knowledge and experience in
profession will be able to enhance your bottom line on a home sale. Here are some common questions I am frequently asked by For Sale by Owner sellers.
Q: I recently attended a seminar on selling my own home. Won’t this enable me to do it on my own? A: The seminar was probably sponsored by a lawyer, closing attorney, titling company, or lender. The facts you can obtain in three hours or less are not enough to teach you how to get more money for your largest investment: your home.
Q: How do REALTORS sell homes quickly? A: A staggering 80% of home sales are done through a Multiple Listing Service. REALTORS have access to this. With a listing on MLS sellers have
entire membership of
MLS working for them. Sellers may have as much as several thousand members depending on
area or residence. An MLS listing is
most effective way to bring in qualified potential buyers.
Q: What information is most critical when selling a home? A: A seller needs to know what
state requires as well as what
lender requires when it comes to home sales transactions. He or she also needs to know
timeframe for all transactions. If time frame is not adhered to
contract can become null and void.
Q: I live in a residential community and am selling my home. How do I deal with
Home Owner’s Association effectively? A: Do you know
timeframe for
Home Owners Association (HOA) packet in your area? If
HOA package is not received in
required timeframe of your state then
buyer may cancel
contract with no penalties to
buyer. These matters are of
utmost importance when dealing with an HOA.