methods. • Preparing the legal forms, disclosures, and other paperwork is your responsibility, and if you’re unfamiliar with the guidelines and requirements, you take the risk of financial and legal liability. • You will have to educate yourself on the home-selling process, the current market climate, advertising methods, and on how to work with potential buyers. • It might be harder to weed out unqualified and uninterested buyers without prior experience. People who may not be able to get the proper financing will seek out homes that are FSBO because they know most private sellers are inexperienced. You’ll also get just curious folks who aren’t serious about buying but like to look around. These types of inquiries will waste your time and can distract you from serious buyers.
HIRING AN AGENT
The most common way of selling a property is to hire a real estate agent. This might also be the least risky, most reliable way to sell your inherited house at the best price. In today’s realty market, the selling and purchasing of a residential property involves more than 100 people with different skills and expertise who participate in the transaction from start to finish. Whether it is for a home inspection or a title search, it takes more than 20 steps to finalize the sale of your home. As a seller, it can seem overwhelming to try to anticipate and coordinate every step necessary to ready your home to show, list, market, and sell. An experienced real estate professional who is knowledgeable in all phases of real estate can make the process much easier. You do not need to have real estate expertise if you 51
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