DFY Merribeth Burns FSBO V1

Reason #2: The whole process is easier when you hire a real estate agent. I talked recently to a title company manager who handles both For-Sale-By-Owner closings and real estate agent closings. He told me that when a FSBO sells their home, it takes about 30–45 days for the two parties to sign off on the contract. Sometimes, they don’t sign it until they sit down for the closing. When a property is sold by a real estate agent, the sales contract is usually signed in 45 hours . Why does this matter to you? Ever heard of buyer’s remorse? It’s what happens when a buyer decides to buy your home, then immediately begins questioning their decision, even if it was a good decision. I’ve seen buyers get buyer’s remorse when they were getting a steal on a home. Sometimes they “freak out” and change their mind. If you have a signed contract, you can hold them to it. If not, they may walk away, and you’ll have to sell your home all over again. This isn’t to say that you can’t sell your home yourself. But unless you have sold a lot of homes yourself, you probably aren’t set up as well as a professional real estate agent is. Reason #3: A good real estate agent can save 80–100 hours of your time. We handle all the work for you. We are experts at financing, loan conditions, home inspections, surveys, title work, termite inspections, appraisals, negotiating, etc. Some people have estimated there are 189–213 different things an agent does to sell a home, depending on the property. Selling a home takes a lot of time. Reason #4: We solve problems. This is the most important thing a real estate agent can do for you. After all, just because a buyer is interested in your house does not mean they will be able to complete the purchase. Here’s a story that illustrates this perfectly. A seller put her home on the market. The perfect buyer came along and made a full-price offer. The seller and the buyer signed a contract. The contract had to be canceled when the buyer ran into a problem with financing. The seller told the story to an agent. It turns out the financing problem would have been easily solvable. But the seller hadn’t known how to solve it, so the sale had fallen through.

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