More and more homeowners today are choosing to sell their homes FSBO (For Sale By Owner) and foregoing the help of a real estate agent. Recently many homeowners who must sell cannot afford to pay the commission with the lack of home equity in some cases. Selling your home by this method can end up saving you a potential “hefty” commission (industry average is 5-7% of the home’s selling price).Homes that are listed for sale by the owner, without the assistance of a real estate agent, are known as FSBOs
A professional appraisal can help you set a realistic selling price so your home will attract buyers and gives you something concrete to show your potential buyers.
The appraised value can sometimes be much more than the homeowners original estimate which could have cost them thousands of dollars.
The appraiser can point out any needed repairs ,deferred maintenance, or presentation problems with the home which may cause market rejection of your asking price or significantly lower the appraised value. These items can be improved prior to the listing placement of the house on the market.
According to the National Association of Realtors, over 70% of all homebuyers now use the Internet to search for homes so if your house isn’t on the internet, it should be. Many (FSBO) web sites including the MLS are available to list your property. Call us for a quote to appraise your (FSBO) property at a discounted rate. |
