There is no question about it: selling your home For Sale By Owner is a lot of work. There are a few critical signs that a FSBO home sale won’t work for you. If readying your home for viewing by prospective buyers and strategizing your real-life and digital marketing techniques, makes you feel like you’ve taken on a second full-time job it’s probably time to rethink your FSBO strategy. It’s no wonder that For Sale By Owner home sales have decreased significantly over the past few years. Before you decide to sell FSBO, consider these few signs that selling your home FSBO isn’t the right choice for you.
You’re already stretched too thin
Working full time and the head of your household? It may already feel like there aren’t enough hours in the day to accomplish everything you need to. Adding the responsibility of managing, orchestrating and executing the sale of your own home may just be the straw that broke the camel’s back. Honestly assess what you already have going on in your life and consider whether taking on another time-consuming responsibility is in the cards for you right now. While FSBO may save you a little bit of money in the end, is it worth your personal well-being?
You don’t value the digital sphere
Studies have shown that 92% of prospective home buyers search online, browsing photos, to find their new home. Most real estate agents are well-versed in the realm of digital marketing and know how to use social media and SEO to their advantage. Using Facebook, Instagram, Twitter and Snapchat to post about your house is just the tip of the iceberg. Ensuring that your house is listed on websites and apps will significantly broaden your reach, bringing in more prospective homebuyers than those who just happened to see the “FOR SALE” sign in the yard. A strong digital strategy is a must-have when selling your home FSBO. If you don’t feel comfortable marketing your home in the virtual sphere, it may be best to seek the advice and consultation of someone who does.
You hate paperwork
Industry disclosures and regulations have caused a significant rise in the amount of paperwork involved in selling and buying a home. Unless you are proficient in legal jargon and familiar with industry laws and regulations, you’ll need to seek the counsel of a real estate attorney to ensure your own protection. You may want to consider whether the money you pay to hire an attorney will still be less than what it would cost to bring a professional real estate agent onboard.
Still Unsure If FSBO Is Right For You?
Even with a beautifully and professionally staged home, selling your house For Sale By Owner can require careful attention to detail and a generous commitment of time from start to finish. If you still think that selling your home FSBO is the right choice for you, check out our article Secret Hacks To Sell Your FSBO Home for tips and tricks that can make the process a little less taxing. But if the time is right to bring a real estate professional onboard ask White Orchid Interiors. We’ve worked with some of the nation’s top real estate agents while staging homes for sale across the country.