5 Reasons Not To Sell Your House By Owner!

  1. There Are Too Many People to Negotiate With.

Here is a list of some of the people with whom you must be prepared to negotiate if you decide to For Sale By Owner:

  • The buyer who wants the best deal possible
  • The buyer’s agent who solely represents the best interest of the buyer
  • The buyer’s attorney (in some parts of the country)
  • The home inspection companies, which work for the buyer and will almost always find some problems with the house.
  • The appraiser if there is a question of value.

FSBO-Quiz

  1. Exposure to Prospective Purchasers.

Recent studies have shown that 88% of buyers search online for a home. That is in comparison to only 21% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. Do you?

  1. Results Come from the Internet. Where do buyers find the home they actually purchased?
  • 43% on the internet
  • 9% from a yard sign
  • 1% from newspaper

The days of selling your house by just putting up a sign and putting it in the paper are long gone. Having a strong internet strategy is crucial.

  1. FSBOing has Become More and More Difficult.

The paperwork involved in selling and buying a home has increased dramatically as industry disclosures and regulations have become mandatory. This is one of the reasons that the percentage of people FSBOing has dropped from 19% to 9% over the last 20+ years.

  1. You Net More Money when Using an Agent.

Many homeowners believe that they will save the real estate commission by selling on their own. Realize that the main reason buyers look at FSBOs is because they also believe they can save the real estate agent’s commission. The seller and buyer can’t both save the commission.

Studies have shown that the typical house sold by the homeowner sells for $208,000 while the typical house sold by an agent sells for $235,000. This doesn’t mean that an agent can get $27,000 more for your home as studies have shown that people are more likely to FSBO in markets with lower price points. However, it does show that selling on your own might not make sense.

fsbo

The Bottom Line…

Before you decide to take on the challenges of selling your house on your own, meet with me in person, send me an email or give me a call. We can talk or get together so I can show you the value that I bring to the table as a sellers representative like I have done for many other homeowners in town.

I can be reached directly at 201-456-4839 or by email ray@mycoccia.com

The opinions expressed here within are my own completely independent of BHGRE Coccia Realty and its owners and subsidiaries.

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Thinking of buying or selling a home? Contact me for a Real Estate consultation. My information is below. I look forward to hearing from you.

Best Regards,

Ray

__ “Sell Your Home Today With Ray!”

Raymond Ciampaglia, Realtor®

Phone : (201) 939-8900

Email : ray@mycoccia.com

Ray’s Website: http://njray.realtor

Ray’s Social Media Profiles: http://itsmyurls.com/njrealtorray

What’s my Home Worth Ray? http://ray.betteragents.com/sell

Company Website: http://www.cocciarealty.com

Better Homes and Gardens Real Estate | Coccia Realty
424 Valley Brook Ave | Lyndhurst, NJ 07071
Office: (201)939-8900 | Fax: (201)939-8910

__ “Real Estate Just Better”      

#BeBetter #BHGRE #NJRealEstate #NJRealtor 

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