You can sell your own home (and be called a FSBO or Fizbo as we say) You can be your own dentist too! I supposed you can even do your own foot surgery when in the mood!
But is it really a good idea? Here's a great post that might give you a few pointers to think about when you want to 'go it alone'. This originally is from Paula Hamilton an agent in Woodlands Texas.
I've got a wicked sense of humor and she does too so I hope you enjoy this. Please call me BEFORE doing your own dentistry! I'll be waiting to hear from you!
Oh, hope it makes you smile!
BE YOUR OWN DENTIST! Yes, you read that correctly...you too can be your own dentist! Simply join this network and we will teach you all of the ins and outs of personal dentistry! Tooth extraction made easy! Root canals done cheap! Cavities filled for pennies!,
OK, so I have your attention and with good reason to make my point. The next time you decide to sell your home yourself or perhaps build your home yourself, you need to make sure that you really know what you are doing. I for one would never want to be my own dentist and am amazed at the number of people who think selling a home is so simple that anyone can do it.
Before you decide to sell on your own, think about these points:
- Do you have the correct market data in order to correctly price your home?
- Have you had training to know how to negotiate through a contract?
- Are you aware of the importance of the Seller's Disclosures and the legal implications of that form?
- Most buyers of FSBO's expect to pay much less and the Seller can typically expect to get 15% less for their home because of this.
- Are you willing to allow just anyone into your home? Have they been pre-qualified? Do you know anything about them? Could they be just checking your home out to come back and possibly rob you?
- Do you have the time that it takes to market your home, show your home and deal with all of the little details to get to a closing?
These are just a few things to consider when thinking about being your own Realtor. Realtors are not the enemy. We are here because we love what we do and our client's best interests are always at the top of our priorities. Realtors have also spent a great deal of time and money to become licensed and to remain at the top of their field just as any other professional does.
I would be happy to help you sell or buy a home or commercial business. Call me today for a great real estate experience! Bandier Realty Partners, LLC can help you find a home, land, farm or ranch or even a high-rise office building!
Paula L. Hamilton ~ Broker/Director
Copyright 2010 Paula Hamilton
© 2007 - 2010 Lyn Sims
Love the photo....but yes their will always be a number of people who believe they don't need a Realtor....that won't change but their will also be a great many of people who see us as the true professionals that we are...
Dennis: Paula did a great job and I also just love that photo!
There's a common notion these days because of all the information we find on the internet that having that information means understanding. Nothing is so far from the truth. Understanding comes from experience and knowing the market, trends and other miscellaneous stuff!
kk
Lyn,
It is really amazing the level of chutzpah people demonstrate when it comes to selling or buying real estate.
And, of course, there are people who really understand it, but on one such person there are thousands of wannabes
Love it!
Though I wonder if we inadvertently contribute to the problem by doing things such as a free CMA...? Food for thought.
Lisa: I believe you are on to something. I do not use the word 'free' in any of my marketing. It's not perceived has having as much value I believe. I think for sale by owners can arrive at their own price if they choose to also sell it themselves. Often we are used as a price verifier, of course lately no one seems to be agreeing with us much!
Jon: I personally know what I can do well and call the people to help me when I don't. It's a tough lesson learned that you can't do everything well in life. Learn your limitations.
KK: Just because you get the 'numbers' doesn't mean that you can interpret them especially with trends. Data collection is great, it's the interpretation and knowledge to use those numbers that gets the job done.
Thanks for stopping by with your busy schedule.
Lyn - This is an excellent re-blog and one I plan on doing too. I don't think I could have put it better than Paula.
Very funny. Where do you get those crazy photos?
Ellen: This one is actually Paula Hamilton's but you're right I have a few silly ones myself.