Is “For Sale by Owner” Right for You?

For many sellers, their REALTOR’s commission is a small price for making the home sale process go smoothly. For others, it’s enough to make them seriously consider selling their home themselves. Here are some of the jobs that a REALTOR does for a seller.

Ask yourself if you’re ready to take on these jobs: The answers can help you decide if “For Sale by Owner” or FSBO is right for you!

1. Pricing. You’ll need to find a list of 3-4 comparable homes that have recently sold in your community and be able to judge if those homes have similar features, size, and properties to yours. If you can’t find enough homes in your area, you’ll have to choose a comparable area and look there, too.

2. Paperwork. Will you be able to comfortably navigate the forms, laws, and requirements of selling your own home? You may want to hire a real estate lawyer if you’re unsure.

3. Free time. Do you have the time to research your asking price, market your home, and stay available for questions and requests via phone, email, and text?

4. Marketing. Are you feeling confident that you can effectively market your home? You’ll have to navigate FSBO websites, their fees and kits you can purchase for signs and MLS access.

5. Technology. Are you comfortable online? You’ll have to list your home online to generate interest, and that means editing and uploading photos, adding descriptions, and fielding email inquiries.  You’ll also need a way to promote the information so people can find your listing.

6. Temperament. Do you have the patience and detachment to endure criticism, questions, and repetitive showings of your own home? You’ll have to handle contingency requests and price negotiations with the buyers or their agents, too.

7. Finances. Are you willing to pay the buyer’s agent commission? Will you need a Real Estate lawyer to draw up contracts and closing documents? Not all the expenses of selling a home are in the Seller’s agent’s commission!

8. Organization. Are you organized and able to schedule multiple showings, inspections, manage contingency deadlines, and organize closing materials and schedules?

Are you wondering if FSBO is the right sales option for you? Contact The Columbus Team today, and we’ll be happy to walk you through the services we offer and you may decide there are things you’d rather NOT do yourself!

Why List Your Home for the Holidays?

Why List Your Home for the Holidays?

Many people consider taking their homes off the market over the holidays or decide to wait until the New Year to list their home.  Here are 6 reasons that suggest the holidays may be the perfect time to go into contract on your property!

Why list your home for the holidays?

  1. Many of us begin anew in January; new jobs, making dreams come true, fresh resolutions about living well, etc. That can include buying a dream house. Your home needs to be on the market now for the folks that want to move into a new home in the new year.
  2. Because the tax year ends December 31, many buyers will buy now, rather than waiting until January. These are very motivated buyers!
  3. This is the perfect time for sellers! Casual Looky-Loos are home with holiday parties and plans, only serious buyers are looking now.
  4. It’s the perfect conditions for listing. Your home is decorated and inviting, showing it’s best features…and the competition is limited, as other sellers take their homes off the market for a couple of months during the holidays.
  5. Smart sellers know they can list their home now to take advantage of the end of the tax year and serious holiday buyers and still enjoy the holidays in their current home. Sell now, and arrange for closing in the New Year!
  6. Your home looks great for the holidays, smells terrific, too, but you’re worried you should wait for “good weather” to show your home off to it’s best advantage? No worries! Display framed photos of your home in spring and summer in a prominent place, along with other info about the home. Buyers will respond to your smart marketing, and have a great idea of how fabulous your home is in the warmer months!