Maurice Gilmore - SECRETS FOR SELLING YOUR HOME ALONE

for the house, and, of course, be sure to get all the necessary paperwork completed for the eventual home sale. That last part usually includes finding an attorney to draft the necessary sale contract, as well as a title company to help complete the sale. Unsurprisingly, all these tasks can turn out to be pretty challenging for someone who is not fully prepared to take on such an imposing task. It’s also important to do extensive market research beforehand in order to avoid unwanted surprises. Based on reports and surveys, a substantial number of people who start out confident about going FSBO end up either losing the sale or giving in and hiring an agent. So, if you are determined to sell your home on your own, make sure you have the energy and the time necessary to perform all these tasks before setting out to sell your home all on your own. Given all the hassle it entails, why do people decide to do without an agent? The number one reason why people decide to sell their homes without an agent is to save money. A real estate agent usually charges about 4% to 6% of the selling value as commission, and that can give a lot of home sellers pause. Now, in exchange for that sum, the real estate agent brings vast experience and a wealth of market-specific knowledge that can truly benefit the seller. Agents also usually help owners set a fair, realistic market price for their house. A well-balanced price is crucial in order to sell the property successfully in a reasonable amount of time. Still, 4% to 6% of sale price can be a sizable sum, and many more self-reliant homeowners may decide it’s worth the extra effort and risk to handle the sale solo and pocket the extra funds. However, a lack of expertise among average homeowners looking to go FSBO has its consequences. The National Association of

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