Reasons Why FSBOs Fail

Opinion:

Many realtors have seen “for sale by owner’ signs pop up and then drop from our radar but not because the properties sell – many home sellers fail at successfully selling a property and there’s many reasons for that. Today I will focus on just a few strong factors that if you- maybe someone here in El Paso, Texas who is considering to sell a home on your own – should consider and instead hire a real estate agent such as myself.

Not all Real Estate agents are created equal – some have more experience than others, some are better at finding properties and some are great at finding buyers or negotiations and some aren’t good period. If you have had a bad experience with a less than par real estate agent – know that this isn’t a pattern that you can expect with most agents. Most agents are experts in their area, dedicated and committed to their real estate career.

What Is The Upside Of FSBO?

While there are some benefits of selling a home yourself there are more possible risks and downside considerations from it. The obvious benefit of selling your own home is that if you succesfully sell it, you would save on paying a commission to a realtor. I think this is the one thing most homeowners focus on. Some others simply like to feel in control and ensure the process goes their way. This is acceptable if maximizing time and profits aren’t your priority.

Home For Sale Real Estate Sign in Front of Beautiful New House.

What are the Benefits of Hiring A Real Estate In El Paso To Sell My Home?


Answer:
Generally speaking – Real Estate agents in El Paso are experts in our market. We know people – that’s our job. We know the city and the current market conditions and we have the tools to leverage buyer’s needs to profit you more if possible. Here is a short list of benefits you can expect from working with an El Paso Realtor:

  • You may lack the expertise to draw from an Agent’s thorough experience and knowledge.
    Your pricing may be off, your marketing pricing may be off, and of course, this leads buyers to offer you lower bids than your asking price and even if you don’t accept them they’ll definitely waste your time. Agent’s maximize your time, negotiate and set the right pricing to sell your home.

  • Agents are expert marketing, advertising, and wording needed to sell your home
    Agents can work for you any time every day not just when you are able to – opening your buyer prospect list

  • Trying to save on commission often leads to sellers LOSING MUCH MORE from a higher sales price.
    Realtors have a huge network of prequalified and cash buyers – So you don’t have to sit and wait.

  • If you can’t sell your home and you remove it from listing sites, buyers (& buyer agents) will know and negotiate a lower offer in the future – Good realtors help you avoid failed listings

  • Depending on the property, some initial financial investment is needed to properly market a home – Realtor agents often invest on your behalf to ensure that your house sells. Meaning, hiring a realtor is almost a full risk-free decision for you.

  • Agents are experts in maximizing the potential value and asking price.
    You won’t have an agent’s expertise to draw from; you’ll truly be calling the shots on your own, which can be daunting!

  • You get Legal and Sales process support and guidance when you need it. Preventing future problems if a sale goes through – you could be liable for years to come if something is done wrong.

  • Did I mention Realtors accelerate the timeframe of the sale and get you more money?
    Agent’s are committed to you because it reflects on us and our ability to do our job

  • You’ll need to devote a lot of time to your FSBO listing. Flexibility is key!

  • Avoid failure to properly prepare or stage the home for a higher sale price.

  • Agent’s deal with unwanted Inspection Reports you may have not expected.

  • Of course – hold your hand throughout the whole process, including closing.

Curious? Give me a call for a hassle free consultation today. What you can expect from a simple call : Thoroughness, transparency, expertise and what I consider crucial is straightforwardness. I promise to not waste your time, over promise or over sell my ability or your property’s potential. You can expect honesty from me.

What you won’t get from a call with me: Uncomfortable situations, questions or a one size-fits all type of agent. My goal is to maximize your potential profits from a succesful real estate sale here in El Paso Texas.

Give me a call (915)910-0908

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