5 Reasons Why "For Sale By Owner" Makes Sense

Selling privately really is simpler than you may think. Naturally, it appears convenient to have a real estate agent involved, but it's wise to carefully calculate what a real estate agent will cost you, and then weigh up your options. The real estate industry will try to convince you that selling privately is risky and irresponsible, but here are the top 5 reasons why it just makes sense to sell privately.

Save a fortune

Real estate prices have increased a great deal over the past few years. So why should an agent reap the benefit of your home's strong capital gain? Just take a moment to imagine what YOU could do with the money you can save selling privately! Private sellers save thousands of dollars by not paying commission. Work out the sums, then decide for yourself whether the amount charged by real estate agents is truly worth the effort they put into marketing your property.

Sell your home quickly

Because you are not paying a selling commission, you can afford to price your home more competitavly. The lower the price, the more likely it sells fast. This is particularly relevant in today's slower market, where buyers are taking time to compare your property to various similar properties in your area. The money you would have lost to a real estate agent can allow you more flexibility in your selling price. Naturally you will still walk away with thousands in real savings, but you'll also have the potential of doing it faster. For Sale By Owner (FSBO) has worked for thousands of vendors and with our personal and practical help it can work for you as well.

Maintaining control

Your property isn't used as a prop simply to sell someone else's property. Real estate agents often show properties that are inappropriate for the buyer, in order to help them try and sell a completely different property. This is clearly not in your interest. By only concentrating on selling your own property, your home doesn't become someone else's cheap marketing prop. When selling yourself there is no risk of inappropriate comments or personal information being passed to complete strangers. Although most agents are largely ethical it is difficult to determine if you have trodden on a “mine” until it's to late. You can remove the risk of this occurring completely by simply selling yourself. With YOU in control!

FSBO service makes it simple

Despite what estate agents may imply, selling a house is not rocket science. They know that, and now you do too. Australian Private Realty provides all the guidance, services and materials you need to make selling privately simple and hassle free. And let's face it; it's much easier to enthuse about a property when it belongs to you. You may be a conservative person by nature, and therefore may feel that the 'responsible' thing to do is to use an estate agent. That's fair enough, but we would encourage you to explore what a real estate estate agent actually does..., versus what "For Sale By Owners" using Australian Private Realty would do.

There are, to our knowledge, only five ways to market property:

1. Put up signs 

2. Place newspaper advertisements 

3. Hold open homes 

4. List it on the internet 

5. Word of mouth

That's it...! That is essentially all a real estate agent really does.

And with a little help, guidance and professional resources we can help you to cost effectively cover all 5 of these areas and provide you with a level playing field.

You don't need legal training to sell safely

Bear in mind that property law varies depending on the states and territories. Notwithstanding this, it is our experience that solicitors are only too happy to deal with private sellers directly, and are able to provide legal guidance and protection to the private seller. They can explain the selling process to you in detail and will protect your interests throughout the sale process. The good news is legal costs to you and the buyer are usually identical regardless if you sell through an agent or privately.  

Secret Bonus Reason:  Satisfaction!

The fact is that it simply FEELS GREAT selling your own property successfully!! Saving large sums of money is absolutly brilliant and all very well, but the sheer exhilaration of closing the deal yourself is a rarely talked about topic but well worth listing as a great reason for selling yourself. Enjoy the wholesome satisfaction of your achievement... and the spoils!

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