The Risks of Selling Your House on Your Own

 

Are you thinking about selling your house as a For Sale by Owner (FSBO)? If so, know there's a whole lot more time and expertise needed in that process than you might think. While the idea of doing it all by yourself might seem tempting, it's important to recognize the challenges you may face if you take it on all by yourself.

You May Not Price it Right

Pricing your house right is key to a successful sale. An article from Nerd Wallet offers this advice: “If your home is overpriced, you run the risk of buyers not seeing the listing. . . . But price your house too low and you could end up leaving some serious money on the table.”

You Don’t Have as Much Experience in Marketing a House

When you partner with a real estate agent who knows how to take advantage of online marketing tools and resources, you'll be able to get in front of these tech-savvy house hunters, boosting your chances of a successful sale.

You May Not Be Comfortable Handling All the Back-and-Forth

When you decide to sell your house, you're not just on a quest to find a buyer; you're also stepping into a world of negotiations. As NerdWallet says: “Your listing agent will also, of course, be on your side throughout negotiations. They'll double-check paperwork that comes through, communicate with the buyer's agent and other parties to the sale, and generally stay on top of things through to closing day.”

If you're thinking about selling your house and the idea of going it alone has crossed your mind, be sure to think through that decision carefully. DM me to discuss how a real estate agent has the experience needed to take all that stress off your plate.


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