Before anybody decides to sell their homeon their own and fly solo through this complex, time consuming and financially perilous process, they should consider the following, advises the Kitchener-Waterloo Real Estate Board.
When Buyers see a home for sale "by the owner", they usually think they see a bargain. They imagine the realtor's fee going into their own pocket, not the seller's.
"Did you know that selling a home is a complicated and ever changing process, where real estate law governs nearly every phasse of selling your home? One small slip-up and an entire deal can fall through, or sorse, a lawsuite can come your way."
Selling a home takes more than just haning a "For Sale" sign. Consider the following:
* How will you promote your home? Will you write your own ads?
* How will you use the Internet, knowing that you'll have no access to the cooperative service available through the Multiple Listing Serive.
* Promoting a home is a fulltime job, and you may already have a full time job. Will you be able to take calls at any time? How about screening the callers to figure out if they're suitable candidates?
* Lacking years of experience, the average do-it-yourselfer is merely guessing at their listing price. Often they set the price too low and miss out on thousands of dollars, or they price their home too high and drive away willing buyers.
Source - The Record June 12, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment