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Read This before Listing Your Home For Sale by Owner
Should You Sell Your Home FSBO?
Are you thinking about selling your home? You may have considered listing it yourself as For Sale by Owner (FSBO). This means you will handle the marketing, showings, and sale on your own. While this can save money, you should think about a few things before choosing this option.
Available Time
Selling a home takes a lot of time. You need to answer calls, schedule showings, and follow up with potential buyers. If you work full-time, take care of family, or already have a busy schedule, FSBO may feel too stressful.
Because of this, make sure you have enough time before deciding to sell on your own.
Legal Know-How
Home sales require many legal forms and disclosures. These forms can differ by state or city. Real estate agents know these rules because they receive training. They also know how to file everything correctly and on time.
If you sell your home yourself, you will need to learn the paperwork process so the sale goes smoothly. This may take extra time and effort.
Connections
Most home sales need inspections and appraisals. If something needs fixing, you must find the right people to help. Real estate agents already know trusted inspectors, appraisers, and contractors.
When you sell on your own, you must research and choose these professionals yourself. This can slow the process down if you don’t know who to call.
