Contact me at (403) 701-8998 for a free real estate buying or selling consultation
Lately I've received a lot of questions from home sellers. The market is starting to heat up, and they are deciding how they should go about selling their home. One thing I've been getting asked about a lot is FSBO (For Sale By Owner) homes, and how viable the option really is. Before you decide to undertake the task of selling your home, I want to provide you with some helpful information for your decision. Just like anything else, there are advantages and disadvantages, so let's take a look at them now. Today we are going to examine the disadvantages.
Although there are some advantages to selling your own home, I believe the disadvantages far outweigh them. For starters, selling a home takes a tremendous amount of time. There is a reason we do this for a living. Having a full-time job on top of a full-time job is very stressful.
Another disadvantage is the huge number of out-of-pocket expenses that selling your own home creates. Marketing and advertising are an important part of selling a home, and if you don't spend the money to succeed in this area like we do, you won't see results.
Finally, not having extensive knowledge of the market is very detrimental to your home sale. You can be easily taken advantage of, or be misinformed about how much you can get for your home. A lot of buyers view FSBO homes as inferior to homes listed with an agent.
As you can see, when it comes to selling your home, doing it all alone just does not work. You need to hire an agent who knows the local market, and who can assist you in every part of the transaction. If you have any questions for us, or would like to discuss how we can help you achieve your real estate goals, give us a call or send us an email.
Contact me at (403) 701-8998 for a free real estate buying or selling consultation
Over the past few weeks, I've received a lot of questions from home sellers. The market is starting to heat up, and they are deciding how they should go about selling their home. One thing I've been getting asked about a lot is FSBO (For Sale By Owner) homes, and how viable the option really is. Before you decide to undertake the task of selling your home, I want to provide you with some helpful information for your decision. Just like anything, there are advantages and disadvantages, so let's take a look at them now. We'll start with the advantages.
When you sell your home by yourself, you get away with not paying a commission to an agent, which saves you money (as much as 10%). However, only 2% of people actually sell their FSBO home, and most end up hiring agents by the time their home actually sells.
Another advantage is being able to have complete control over the transaction from start to finish. You're able to make your own decisions and sell on your own terms, not anybody else's.
There are many advantages when it comes to selling your own home. If you are thinking about selling, give us a call or send us an email. We would love to discuss the topic further.
Contact me at (403) 701-8998 for a free real estate buying or selling consultation
Hello everyone, and welcome back to our blog. Today we would like to give you some tips on what to do and what not to do when buying or selling a home. We hope these tips give you a better understanding of the buying and selling process, and can help you out next time you are looking to make a move.
In the last few years, it's become an increasingly common trend for buyers to get approved for a loan, get a home inspection done, then go out and make large purchases, before the home closes. It might sound like a great idea at the time to pair your new home with new furniture or a new car, but trust us, it's a bad idea in the long run. Lenders do credit checks the day before closing, and if they discover you have made some large purchases, it may affect your credit standing and your mortgage may be revoked. If you decide you have to make a purchase, don't use your credit card. If you can't afford it without your credit card, you definitely shouldn't buy it just yet.
As a buyer, you need to also avoid the "free" unofficial pre-approvals online. They mean nothing and could come back to hurt you when you are out looking for a home. You want to get pre-approved by a reputable lender before you start looking for a home, so you know what you can afford before you go out and start looking. It also allows you to pull the trigger quickly when you find the perfect home.
For sellers, having an accurate home valuation is very important. You can get one almost anywhere online, but keep in mind that an instant home valuation should be used as a starting point, not a final, absolute value. Don't put too much stock into your home's valuation until you talk to a professional about it. We can help you out and help you avoid frustration entirely.
If you have any questions, feel free to give us a call or send us an email. We look forward to speaking with you!
