Is FSBO Right For You?

So you have decided to sell your property? The first question that you gotta be asking yourself is whether you will require the help of a real estate broker to sell your property or to sell your property on your own as an FSBO.

Selling FSBO vs. Real Estate Agent

The main difference between having a real estate agent or broker sell your property as opposed to you selling it on your own as an FSBO is the fact that you get to have professional help with the former for a price while you can keep all the profits to yourself if you are to sell as an FSBO.

You can get  more information by reading our post on the benefits of selling as an FSBO.

Is FSBO Selling Right For You?

If you have decided on selling your property as an FSBO, you have to be ready for several things. First you have to know that selling as an FSBO would require a lot of your time and effort. You have to understand that you are going to do the job of a professional real estate broker, this means that you have to learn the strategies and techniques of selling real estate to make sure that your property will be sold at the right price and at the desired amount of time.

If you have the time to put in the work needed to sell your house then selling as an FSBO may be the right thing for you. However you also have to have the second essential ingredient to successfully sell your property and that is money. Yes, you need to invest in order to sell your property. Apart from the amount of money that you will have to shell out in order to improve your property which will result to the increase of your property’s value you also have to spend on several services.

One such service which you have to invest on is to get the services of a real estate appraiser. There is no shame in actually asking for professional help when appraising your property, besides it would be to your advantage when you have your property properly appraised, which means you will be selling your property for the right price.

Another area on where you should invest your money in order to sell your property is by marketing and advertising your property for sale. You need to pay for a for sale sign, you also have to put in or invest time for you to do the negotiations, as well as put in some time and effort to have your property advertised in the different mls listing sites. Fortunately, there is just one service that you need to acquire in order to do all these and then some. You only need to acquire a flat-fee mls listing service which does all these and sometimes even much more. You only have to look for the right flat fee mls listing service provider.

After looking at these tasks ahead of you, you can now decide, is FSBO right for you?