Tips For Owner Listed Homes: How Many People Will You Really Need To Hire?

Tips For Owner Listed Homes:

How Many People Will You Really Need To Hire?

For owner listed homes, you will need to hire professionals to help you sell your home.  Here are the four most important professionals who can help you, from appraisers to title company.   For sale by owner home sellers enjoy the freedom of selling their own homes, and the fees that they save by doing it themselves.  But selling your own home has its own set of risks and challenges.  The most important thing to stress is that you simply cannot do it ALL yourself.  Even though you’re saving realtor commission fees, don’t expect it to be a totally free process.  There are professionals that you will need to hire for their expertise to ensure the process goes smoothly.

fsbo property guidingOwner Listed Homes – Don’t Try To Do It All Yourself

One of the biggest mistakes FSBO home sellers make is thinking if they can sell their home without an agent, they can also take on the role of every other professional when selling a home.  It is an overwhelming task to take care of every aspect of selling a home; no one person can do it all, let alone do it well.  It is worth it to hire the right professionals to do the job they are trained to do, so your house sells quickly.

Here is a list of the most important services sellers of owner listed homes will probably need to hire:

  1.  Appraiser – Before you decide on your list price, consider hiring an appraiser to get an accurate read on what your home is worth.  While you could estimate a list price based on other home sales in your area, you probably lack the expertise of an appraiser and could end up pricing your home too high, or too low.
  2. Home Repair Professional – Before you list your home, it’s wise to fix any major issues in the home.  Unless you have extensive experience in home renovations, don’t risk doing more damage by going the DIY route:  hire an expert and get it done right the first time.
  3. Advertising – One of the biggest misconceptions with owner listed homes is that all you need are a few fliers to sell your home.  In fact, real estate agents spend a lot of time, money, and effort advertising homes.  From open houses, brochures, direct mail fliers, online listings, and public displays, it takes a lot of effort to create interest in a home.  If you don’t have a lot of time or experience with marketing, consider hiring a professional.
  4. Real Estate Title Insurance Company – The title company does much more than just researches your home’s title history.  While this is a crucial factor that determines whether or not you can even legally sell the home, it’s just the tip of the iceberg for these pros.  They will also issue title insurance to back up their title search, and many include a wide range of other services including onsite notaries, escrow and impartial closing services.

By relying on the experts in their own professions, you will avoid the most common mistake made with owner listed homes.  Spending little money on the services of a few professionals can help bring about the successful sale of your home quickly, saving you time and money so you can relax and enjoy the process.

Title Junction is a full service real estate title company serving the area of Fort Myers, Cape Coral and the entire state of Florida since 2005. The company handles a number of real estate title services for both commercial and residential properties. Employees of Title Junction can also act as a witness in courtesy closings as well as an escrow agent or a notary public.

Please contact Jennifer Ferri of Title Junction, LLC for further information @ 239-415-6574 or www.title-junction.com

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Posted on September 27, 2013, in Title and tagged , , , , , , , , , , . Bookmark the permalink. 1 Comment.

  1. Great post! These are great advice tips to keep in mind for anyone deciding to sell their own home. I didn’t realize more elements come into play when selling your home without an agent. Thanks for sharing!

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