house or whisked away to the park. Toddlers are parked in a playpen, so you can begin the hurried cleaning process. Maybe your pet gets locked in a crate, sent to the basement, or tied up in the yard. Your dog can’t run around during the showing or even while you clean house. The poor pooch is cooped up for hours every time a buyer wants to stop by. Children and pets don’t appreciate chaos. They might start misbehaving or need extra attention to counter the stress. The house needs to be spotless from top to bottom. Someone has to rush around frantically cleaning and organizing every time a buyer calls. Chances are, you’re going through all this stress to prepare for someone who was never serious about buying in the first place.
THE (IN) EXPERIENCE FACTOR OF FSBO SALES
When I started in the real estate business, I made a good living chasing FSBOs. I would call them, find out what price they were asking, and determine whether I could sell the home for more on the MLS. I sold a lot of homes and netted the former FSBOs more money in their pocket. That’s because I’m a real estate agent, and the sellers were not. It really is that simple. Unless you’re a real estate agent selling your own house, you’re entering a complex financial and legal transaction without competent assistance. An FSBO seller is analogous to self- performed dentistry or putting up a pro se (self-represented) defense in a murder case. The downfall of giving it a try yourself is that once you price a house, it’s easy to reduce the price, but nearly impossible to increase it without the herculean effort of starting a bidding war.
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