Are You Planning to Sell Your Massachusetts Home On Your Own?
Selling your home own may sound like a dream come true – after all, you don’t have to pay the Realtor fees. But what’s really involved and is it worth it? Check out what you may have to face if you decide to do a FSBO (For Sale by Owner) in Massachusetts.
A Long Time on the Market
It’s the unfortunate truth that homes in the MLS (listed by a Realtor) sell faster. That’s because there are Realtors marketing the home and realtors actively scouring the MLS to find homes for their buyers. There’s just more activity and excitement when a home is listed in the MLS – they typically get more attention and therefore sell faster.
You’ll Need to Make the Home Attractive
Realtors often give advice on how to stage or renovate your home. They can walk into a home and know immediately what potential buyers may think. When you sell on your own (FSBO) – it’s all on you. Suddenly you are guessing what you think buyers may want. You may sink thousands of dollars into the home renovations making the home perfect only to find out that’s still not what they want. It’s truly a guessing game.
You’re in Charge of Marketing
Without the help of the MLS, you really have to get your home’s listing out there, but how? Throwing a sign in your yard isn’t enough. You’ll need to manually get it listed on the top real estate websites as well as share it on social media and via word-of-mouth as well as on websites such as Craigslist. The more you get it out there, the more viewers you may have.
Checking Out the Buyers
Realtors typically vet their clients before bringing them into your home. There’s a sense of peace of mind knowing that the buyers are ‘ok’ before they step foot in your home. When you sell your home on your own, you’re dealing with strangers walking down the street. You have no idea if they are capable or even interested in buying a house. It’s best if you only allow buyers with a mortgage pre-approval to walk through your door.
You Have to do the Negotiations
If you don’t have a Realtor, the negotiations fall on you. That means going back and forth with potential buyers until you reach an agreement that’s suitable for everyone. This can be nerve-wracking since you obviously want to sell your home, but you want to make a decent profit too.
If you don’t want to deal with the hassle of selling your house or condo on your own (FSBO) or with paying realtor commissions, consider selling to Massachusetts cash home buyers that offer you a great deal on the spot. You don’t have to worry about deals falling through, the house sitting on the market for too long, or even fixing the home up to make it perfect. We make you an offer based on what your home looks like right now – no questions asked. If you accept, we’ll close on the deal in less than a two weeks and take the worries of how you’ll sell your home away.
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