Process Involved In BASI Level 1 And 2 Qualification
Fsbo, Yes Or No?
1. Selling your home yourself can save you thousands of
dollars in commissions. However, this might not be your
best option and here's why exactly you should think twice
before going FSBO.
3. It is no joke to sell your home, to put it concisely. What if
you have a job that demands not only your time and
effort, but has you always on the move even when you
have left the workplace? What if you are required to do a
lot of flying? You an entertainer, perhaps? Got long work
hours? Do a great deal of study reading just to stay as
good at your work tomorrow as you were today? I might
have touched a nerve with any of the above descriptions
(or maybe more), and if I have, then things are too exciting
and/or demanding as of the present for you to go FSBO.
4. You would be better off seeking the help of a Realtor if
you work in a profession that is either one or more of the
following - fast-paced, difficult, stressful, exciting, never-a-
dull-moment, time-consuming - you get the idea. Take the
time when you first put your home on the market to
interview an agent or two. Find out how their listings are
marketed. Ask if they keep their clients informed about
the status of their property's marketing. Do not just ask
for, but INSIST on references - no references, then tough.
And once you have found somebody who leaves you no
doubt about his/her skills and experience, then sign that
listing agreement. A good agent can give you sound advice
and save you a ton of time.
6. You are probably a good candidate for working with an
agent if you have never bought or sold a home before. The
same thing is true if it has been a number of years since
the last time you bought or sold. Dibs on those double
quotations if you are new to your county and have not
bought or sold a home in there either. Naturally, the
exception to such a truism would be those individuals who
are under the employ of real estate firms or other similar
lenders. You may not be buying or selling your home on a
regular basis, but your experience would definitely serve
you well when it counts.
7. I would advise older individuals to enlist the assistance of
an agent. In most instances these would be homeowners
who have owned their property for several years, even
decades. The home has appreciated - often more than the
owner realizes. Now the owner wants to "up the ante", so
to say, and is wanting to buy another piece of property, on
one community level, with grounds maintenance and
other exterior chores outsourced to an association. But
this cannot be accomplished if they do not sell their home.
One simple thing the homeowner could do would be to
increase their savings from the sale, which would result in
lower operating expenses for the new home compared to
the old one. The idea of making a big change and the
multiplicity of accompanying concerns is daunting. This is
why I firmly believe hiring somebody with experience can
8. You probably won't prosper by going FSBO if either the
first or second situation applies to you.