Thinking about using an FSBO listing? Before you dive into the for sale by owner (FSBO) waters, you should understand how the costs of this method of listing a home can eat up a significant amount of your time and money. We’ll go over everything you need to know about using an FSBO listing to sell your home in Raleigh.
While many homeowners attempt this difficult task on their own with the expectation of saving thousands of dollars in commissions, they frequently discover too late that this is not the case.
When you list your home, you’ll almost certainly be working with a real estate agent who represents a buyer. This means you will still be required to pay commissions if you use an FSBO listing to sell your house in Raleigh.
Setting the proper pricing can mean a quick sale or a long time on the market. If you want to be certain that your estimate is accurate, you should hire a professional appraiser who will compare your home to those previously sold nearby. You may also decide to hire a real estate attorney to draft your contract. Advertising in the modern real estate market requires the use of professional photography, virtual tours, and staging the home, all of which can be expensive. All of these costs are important considerations when using an FSBO listing to sell your house in Raleigh.
Another thing to keep in mind when using an FSBO listing to sell your house in Raleigh is that buyers will almost always request an inspection of the property. If they discover a problem with the property structure, they may require you to pay to rectify it prior to the closing of the property.
Are you able to show your house with less than 24-hour notice? Be ready for the phone to ring at any time. Oftentimes, the calls are from aggressive and eager buyers’ representatives. Scheduling showings and ensuring that your home is always prepared for walkthroughs may be very stressful and interfere with family time. Ensuring that you fulfill any looming transactional deadlines can also add to the burden. Using an FSBO listing to sell your house in Raleigh is accompanied by a number of time-consuming responsibilities, so it’s necessary to be aware of all of them.
Using an FSBO listing to sell your house in Raleigh can waste your time if traditional financing buyers don’t qualify for a loan after all the previous procedures. Since getting prequalified, your buyer’s life or credit may have changed. Work only with pre-approved or cash buyers. Remember, cash-only buyers anticipate spending less for your house due to the benefits of closing in cash.
Putting your house up for sale in Raleigh can be costly and take a lot of time. How long are you willing to wait?
Present Day Properties typically closes in less than 30 days. By selling directly to Present Day Properties, you won’t have to pay any commissions or other fees. Instead, you’ll get paid exactly what we offer at the closing. Present Day Properties saves you both time and money, we usually purchase homes as-is so you can avoid paying for repairs before closing. You won’t have to pay for advertising or deal with the hassles of showings. We make it easy! Just send us a message or call 984-689-9785 today!