Get The Facts Before Trying To Sell For Sale By Owner
Many Home Owners try to sell their home own their own every year for many different reasons. The number one reason most choose this option is that they figure by not hiring an agent they will save money. The problem is… they actually make less fro the sale. Statistics show that homes listed by Realtors not only sell for significantly more, but also sell several weeks faster than FSBO’s.
87% of Home Buyers used the services of an agent with their purchase. In Georgia, Buyers Agents are paid from the Listing Broker, so it’s actually free for the buyer to have a professional represent them. It simplifies the house hunting process and allows them to have a representative with knowledge and experience to protect their interests and avoid costly mistakes. This is why serious, qualified buyers most always use the help of an agent.
So what type of buyers does that leave for For Sale By Owners? Tire-kickers, Unqualified Buyers and one’s looking for the deal. That’s why FSBO offers tend to be significantly less and their contracts tend to have a higher fallout rate. This can be extremely frustrating for an owner.
Call Chris Hancock today @ 404-720-4132 to see how much more you can SAVE by hiring an agent.
Here are some recent statistics comparing FSBO vs REALTOR home sales: