Carmel valley house sales Save thousands do it yourself.
Carmel valley house sales
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Selling FSBO means there is no agent telling you what to do. You're in control of all major decisions, including where and how to advertise, scheduling showings at your
convenience, and even taking your home off the market for a time if necessary. Most importantly, you can deal with potential buyers yourself. There is none of the frustration
that can result when a seller feels that the agent is "not doing enough." And you aren't obligated to a three, six, or 12-month contract-you make the rules!
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There are some misconceptions that are usually made when selling a home via the FSBO process. One of
the major ones is that you will be giving up advertising and marketing ability by not using a realtor.
While they may have been true in years past, it is surely not the case anymore. There is now an
established network of FSBO websites that can take the place of the traditional realtor website. One
thing that is also becoming more and more popular is listing your home on the local MLS yourself to
get that extra bit of exposure.
Carmel valley house sales
Why should you give away the equity you earned with your real estate investments? For a little time and effort you can sell your own home and keep the commission. You earned it..
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Take out 2%-3% for the seller paid closing costs, approximately 3% for the on-going costs of mortgage,
taxes, insurance, maintenance and repairs for the 90-150 days between listing and closing, and you have
lost at least 14% of the value of your home to the costs of selling!
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Carmel valley house sales
There's no way around it: whenever you work with an agent they get a cut of your profits. Calculate 5-6% of what you think your property is worth. Now, is it worth paying this
much to have someone else show your property? If the answer is NO, then selling for sale by owner is the way to go.
If you decide to list your home with a real estate agent, chances are you will inflate your asking price to cover the cost of the commission. Within a few months, you'll realize
that no one is going to pay that much for your home. At this point, you'll either have to reduce your asking price or accept an offer equal to the original amount you would have
asked if selling it fsbo-and you would still have to pay the agent's commission! Do it right from the beginning, and avoid taking the loss.
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