For owner listed homes, avoid the most common error FSBO sellers make: trying to take on every role in the selling process, from home repairs to home appraisal. Read our list of the five most important professionals youll want to hire when selling your home to save time AND money.
Don’t make the same mistake many first-time FSBO home sellers make
when planning to sell their home. Remember that acting as your own
realtor is a substantial job in itself; it is likely not worth the money
or effort for a home seller to also attempt home repairs, appraising
their home correctly, and marketing. Certainly, taking on the role of
handling legal documents, title insurance, and holding moneys in escrow
should be handled by a professional real estate title company that
offers local notary service.
Here is a list of five professionals you won’t want to play the part of when you try to sell owner listed homes.
1. Professional Handyman
– Do you have knowledge of construction to handle any issues with your
home’s foundation? Experience in home repairs and renovations? If you do
have the time and experience to take care of any major issues that must
be disclosed at the time of your sale, then it may make sense to do
them yourself. But if you don’t have the experience or the time to do
the job right before listing your home, it will pay to hire an expert.
2. Appraiser
– Are you 100% sure you know the worth of your home? If you are
confident in your market knowledge and any and all factors that may
affect the price of your home, then it may be worthwhile to simply base
the price on other homes that have sold in your neighborhood. But if you
want to be absolutely sure that you list your home accurately – and
have the opportunity to correct anything that may be considered a
drawback by an interested buyer, it may be worth it to get an expert
appraisal.
3. Photographer and Graphic Designer
– The importance of the internet cannot be underestimated when selling
your home. People begin their searches for a new home by checking
listings on the web. Many will simply skip over listings without photos,
and quickly move on if the photos are of poor quality. Whether you use
the internet, print marketing, or a combination of both, don’t skimp on
the services of a professional photographer or graphic designer that
specializes in owner listed homes.
4. Real Estate Title Agency
– The services of a real estate title agency are sometimes
(erroneously) underestimated. They not only provide a thorough title
search to ensure the property is legally available for sale, they also
provide title insurance, which is required by most mortgage companies,
and many even offer notary, escrow and third party closings services to
ensure all your paperwork is in order.
5. Local Notary Service
– The services of a notary are essential when closing the sale of your
home. Notaries are trained to handle the paperwork, oversee signatures
and verify identities of all parties
, execute and file documents.
Closing documents are not official unless a certified notary presides
over the closing and verifies all signatures.
Save yourself time and money with owner listed homes by leaving the work outside of your expertise to the pros.
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