Selling Your Home "For Sale By Owner" May Not Be as Easy as You Think

The Idea of selling your home yourself can be financially

attractive to some homeowners who feel they will be saving a lot of money by selling their home "For Sale By Owner". We know that there are companies that can assist a "For Sale by Owner" seller and the most commonly known company is By Owner.  These companies assist homeowners for a fee and are not as effective as hiring a Realtor who has the knowledge and experience to properly assist you.  Ironically, the c.e.o. of By Owner actually hired a Realtor to get his home sold after months of trying to sell on his own. 

Statistically home owners who hire a Realtor to sell their home have a shorter time for sale, get more money for their home and have far less stress and uncertainty.  My job as your Realtor is to get your home sold in your time frame and for the most money possible while protecting your interests and making sure you are protected legally and ethically throughout your home sale process.  Most people trying to sell their home "For Sale By Owner" have a full time job.  Have you considered that every time you are unavailable to show your home it is off the market?  Have you considered that serious home buyers hire a Realtor to assist them in finding a home and as a "For Sale by Owner" your home is not in the Multiple Listing Service and will not be seen by those home buyers?  Contrary to popular belief, the "For Sale by Owner" companies do no put your home in the actual Multiple Listing System that is used by Realtors.

Many times when I speak to home owners who want to sell

their home "For Sale by Owner" I am told that they don't want to be locked in to a 6 month agreement with a Realtor.  I do not force you to agree to a 6 month agreement and I do not charge a cancellation fee in my agreement.  You are free to cancel our agreement at any time at no cost to you.  Another popular reason I hear from "For Sale by Owners" is that they don't want to pay a high fee to a Realtor.  Here are a few facts about that.  Realtors will almost always get your home sold for more money than you would yourself which reduces the overall cost to you for selling.  Realtors will almost always get your home sold faster than if you try to sell yourself.  Generally the longer a home is "For Sale" the less money the home will sell for in the end.  Then there is also the marketing and advertising that a Realtor can provide that you may not be able to do yourself.

I welcome anyone considering selling their home "For Sale by Owner" to contact me and discuss ways I can help you get your home sold.  My goal is to help my customers reach their goals and move forward in life.  Contact me to see why all Realtors are not the same and how my knowledge and skills can assist you and your family in reaching your goals. 

 

written by Michael J. Gallo