For Sale By Owner - See What Our Company Can Offer

Thinking about selling your home

For Sale By Owner?

In today’s market,

with home prices rising

and a lack of inventory,

some homeowners

may consider trying to

sell their home on their own,

known in the industry as a

For Sale by Owner (FSBO).

Before you decide

to take on the challenges of

selling your house on your own,

call/text me at (630) 669-2401 or 

email me at mmancano@c21affiliated.com

and see what our company can offer!!!

We Are The #1 Century 21® In The World!

 

Monica Mancano, REALTOR®, SRES®, MRP, AHWD
Century 21 Affiliated Aurora

Check out my Real Estate Website

www.MonicaMancano.com

to see MLS properties currently available

and for your Real Estate Needs!

My Real Estate Dream Team and I are here for you!

click on these links:

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CENTURY 21 Affiliated

is the most recognized Real Estate Brand

and is spread throughout

Wisconsin, Illinois, Indiana,

Michigan, Minnesota and Florida

with 100+ locations and

over 3000+ top professionals.

We have been ranked as

one of the top

100 real estate companies in the world

and the #1 CENTURY 21 system

three years in a row!

CENTURY 21 Affiliated,

does not take their reputation for granted.

We work hard

to have the most responsive, experienced,

and best prepared agents along with

the state-of-the-art systems

and resources necessary

to be leaders

in the market and industry.

Check out the article below

to see why it might not be a good idea to FSBO

or the vast majority of sellers.

Top 5 Reasons You Should Not For Sale By Owner by The KCM Crew

Top 5 Reasons You Should Not For Sale By Owner | Keeping Current Matters

In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers.

Here are the top five reasons:

1. Exposure to Prospective Buyers

Recent studies have shown that 94% of buyers search online for a home. That is in comparison to only 17% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. Do you?

2. Results Come from the Internet

Where did buyers find the home they actually purchased?

  • 51% on the internet
  • 34% from a Real Estate Agent
  • 9% from a yard sign
  • 1% from newspapers

The days of selling your house by just putting up a sign and putting it in the paper are long gone. Having a strong internet strategy is crucial.

3. There Are Too Many People to Negotiate With

Here is a list of some of the people with whom you must be prepared to negotiate if you decide to For Sale By Owner:

  • The buyer who wants the best deal possible
  • The buyer’s agent who solely represents the best interest of the buyer
  • The buyer’s attorney (in some parts of the country)
  • The home inspection companies, which work for the buyer and will almost always find some problems with the house
  • The appraiser if there is a question of value

4. FSBOing Has Become More And More Difficult

The paperwork involved in selling and buying a home has increased dramatically as industry disclosures and regulations have become mandatory. This is one of the reasons that the percentage of people FSBOing has dropped from 19% to 8% over the last 20+ years.

The 8% share represents the lowest recorded figure since NAR began collecting data in 1981.

5. You Net More Money When Using an Agent

Many homeowners believe that they will save the real estate commission by selling on their own. Realize that the main reason buyers look at FSBOs is because they also believe they can save the real estate agent’s commission. The seller and buyer can’t both save the commission.

Studies have shown that the typical house sold by the homeowner sells for $185,000, while the typical house sold by an agent sells for $245,000. This doesn’t mean that an agent can get $60,000 more for your home, as studies have shown that people are more likely to FSBO in markets with lower price points. However, it does show that selling on your own might not make sense.

Bottom Line

Before you decide to take on the challenges

of selling your house on your own,

sit with a real estate professional in your marketplace

and see what they have to offer.

Monica Mancano

Monica Mancano

REALTOR®, SRES®, MRP, AHWD
Contact Me
Contact Me

Dedicated To Your Home

Century 21 2017 Media Sizzle

Designations

  • Equal Housing Opportunity
  • Realtor
  • Certified Military Residential Specialist
  • At Home With Diversity
  • Seniors Real Estate Specialist

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