A lot of people in Bonita Springs have beautiful homes that are in demand and sell very well on the open market – so much that they are encouraged to sell the home themselves.
Others may just want to sell their homes themselves because they believe it’ll be faster, easier, or cheaper.
The unfortunate news about making your home For Sale By Owner (FSBO) is this: your chances of success are much lower than if you go with a trusted real estate professional to help you make the sale.
Selling a Home Takes Time
There is a tremendous amount of work that goes into selling a home – so much, in fact, that FSBO homeowners often regret going through the process even if they successfully sell a home.
If the homeowners have full-time jobs, selling a home quickly becomes virtually impossible. It also can cost money because you have to take time from work to deal with the million and one details that must be dealt with.
The sheer amount of time involved in successfully selling a home is one of the main reasons why people who consider FSBO ultimately decline to pursue it.
You Have to Almost Be a Real Estate Pro Yourself
For Sale By Owner is also a bad idea because the nature of the beast – a complicated process with countless twists, turns, obstacles, and options – requires extensive experience and knowledge.
Consider all the things that you will have to know how to navigate:
- Closing costs
- Title issues
- Home inspections
- Financing issues
- Negotiating with the buyer’s agent
- Marketing and advertising
- Networking with potential buyers
- Finding potential buyers
There is a flood of moving pieces that are all juggled at once by a skilled real estate agent that can fall through the cracks or implode completely when handed with inexperienced hands.
The fact of the matter is simple: Most people do not pursue FSBO – or never pursue it again after trying it once – because selling a home is hard. Time and sanity are far more valuable to homeowners than anything else, and that is why real estate agents can be of such use to their clients.