There are some homeowners who have successfully sold their Conroe house FSBO, but for the majority of sellers, it may be best to stick with a real estate company.
Although it may seem quite appealing to skip the realtor commissions and keep the profit from your house to yourself, but the fact of the matter is that there are many good reasons why real estate agents deserve a piece of the pie. And here’s why:
- You can’t list a FSBO property on the MLS. The multiple listing service is strictly open to licensed real estate brokers and agents, not for individuals who are selling their homes FSBO. The fact of the matter is that most buyers will head directly to the MLS when searching for a home, and if your home is not found there, you are missing out on a great deal of opportunities to sell your home. Simply put, there is no better way to achieve maximum exposure than by listing your home on the MLS!
- There are many buyer agents who will not show a FSBO home. When a home is listed with a real estate company, the buyer’s agent will receive a percentage of the commission received by the seller’s agent once the home is sold; however, with a FSBO property, there is no guarantee that the buyer’s agent will receive any type of compensation for their services unless the buyer has already signed a brokerage agreement that details compensation for their agent.
- A qualified real estate agent will ensure that your home is priced accurately so you can be sure to get the maximum amount of traffic. Many sellers who list their homes FSBO overprice their home, thereby deterring many potential buyers.
- Many buyers may feel uncomfortable dealing with a homeowner. Many buyers, in fact, may avoid FSBO properties because they don’t want to tour a Conroe home with the seller present and they don’t want to negotiate directly with the seller. This may, again, deter buyers from looking at your home.
Tags: fsbo, seller tips