The Holland and West Michigan market is hot right now! That is obviously great when you are selling your home, and for those looking for a new home, it means we finally have more beautiful options for you to explore!
With an ever improving market, you can always count on more For Sale By Owner listings. FSBOs might seem like a great thing but there are some precautions you should take.
FSBO – AS A BUYER
You should never go into buying a home without an agent representing you. The seller of a FBSO only has to represent their best interests. Thankfully in West Michigan we have so many honest, hardworking people, but it’s still wise to exercise some caution and get an expert’s opinion.
A buyer’s agent is no cost to you. We are your advocates and a great agent will use their expertise to make sure you get the best deal. We handle setting up opportunities for you to see the home, making an offer, negotiating on price, getting the home properly inspected, and making sure your financial plan is set when you are ready to buy. Having an agent when you buy a FSBO is not a deal breaker either. You’re just being a smart home buyer!
FSBO – AS THE SELLER
If you decide to list FSBO, you take on all the responsibilities of selling your home. Photography, compiling listing details, trying to market your home, setting up showing, and even holding open houses. That is all before you consider the upcoming legal paperwork.
According to the 2015 National Association of REALTORS® Profile of Home Buyers and Sellers, FSBOs accounted for 8% of home sales in 2014. The typical FSBO home sold for $210,000 compared to $249,000 for agent-assisted home sales. On average an agent will sell your home for 15% more and you are still worried about agent commissions?
Sell your house for more and have someone else do the work? Sounds like a Win-Win!
It’s never too late to take a pro up on their offer to help sell your home. A great agent will be able to tell you exactly how they will list your home, how you can present and stage your home, how they will market it effectively, and find you the perfect buyer at a price you can love. All without the hassles of understanding real estate law, trying to take beautiful photos, getting new people to discover your home, and constantly scheduling all your own showings and open houses.
I am here to help | Understand FSBO, Holland!
If you still have questions about FSBO in Holland and West Michigan, let’s talk. Even if you only want to get my opinion, I would love to help! I can tell you how I would price your home, list it, market it, and position it to get it sold. No strings attached.
Working hard for you,
(616) 403-0909 (Call or Text)