What does all this boil down to?
At the end of the day, with all factors considered, FSBO can be a great strategy—but only for good negotiators who have great real estate trading skills and a lot of market knowledge, are in no hurry to complete the sale, and are willing to dedicate a considerable amount of time and work to the process.
Selling a home FSBO represents a huge responsibility for the owner. Having control of everything also puts all the decisions and all of their consequences on the owner’s shoulders. However, if you feel up to the challenge and are in search of an adventurous new experience, selling your own house is definitely the way to go. On the other hand, if you find yourself busy, have no time to put in the required research, or cannot afford to take the required time, it is strongly recommended that you opt for a real estate agent instead. The same applies if you find it difficult to expend the effort needed to prepare the house for showing, or think with dread about the numerous home presentations you will have to make, or are simply not confident in your negotiating skills. While some might not have the necessary skills to handle negotiating or the hassle of the paperwork, others might simply value their time enough to choose a real estate agent and the benefits that come with this choice. Whatever you choose, make sure you take the time to consider all the details of your different options. Your house is a life investment, and selling it is a big decision. Make it count! • • •
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