Princeton Town Topics – Let’s Talk Real Estate – March 25, 2015
THE PERILS OF FSBO: DON’T RISK YOUR FINANCIAL FUTURE
Drive along any well-traveled road today, and chances are you’ve seen at least one sign from an investor looking for For-Sale-By-Owner homes. And there’s a good reason for that: Most FSBO properties wind up selling for far less that their market value – a good thing for investors, but not for the sellers who can lose tens of thousands of dollars on a FSBO deal. Yes, you can look at recent listings to get an idea of what homes in your area have been selling for; but that only gives a general idea without considering the unique features of your home that could earn you a higher price in the market.
Selling your home is a major financial decision, and you want to make sure your interests are being protected by someone experienced in the sales process. Hiring an agent is a smart move that can yield more profits as well as considerable peace of mind, even after paying a commission.
