Thursday, September 17, 2009

For Sale by Owner - tough time in the market for this

Positive(s) - I can save the commission and this is important because I've lost value
Negatives(s)- Oh, My! Where do we start?

a)Are you confident you know what to accomplish to prepare your property for sale?
b)Are you confident you can market your property for sale other than putting a sign in the yard and creating an ad on Craigslist?
c)Are you confident you can price your home to attract buyers?
d)Are you confident you will get the highest/best offer your property is worth?
e)Are you confident you can provide a buyer the disclosures required by state law?
f)Are you confident you can negotiate a contract with a buyer and protect yourself?
g)If the buyer has no representation, who will write the contract and more
importantly, who is representing your interest? Paying an attorney?
h)Have you considered that in selling and marketing your home yourself, you may be
limiting the exposure to buyers in the market to purchase?
i)Considered comparing the cost of commission -vs- additional carrying costs if the
actual sale takes more time than expected?

If you think you need assistance, contact me; however, if you've considered all of these areas of concern and still wish to proceed on your own, then check out the link for tips from Daily Press:
http://toprealestateguide.com/which-factors-determine-the-price-of-your-house.html
Keep the faith!

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