In a seller’s housing market, you may see signs in front yards that read “for sale by owner.” When you sell your own home, you don’t have to pay a commission to a real estate agent, and you handle the entire process on your own timeline. It can sound liberating and potentially lucrative, but it’s not always that easy. If you choose to sell your own home, you’ll have to make sure your listing price is right, you’ll need to do all of the marketing, and you could even run into legal issues when setting up the contracts. In some cases, selling your own home may make sense, but here are some common for sale by owner pitfalls to consider.
Marketing Your Home Takes Time, Energy, and Money
When you sell your own home, you’ll have to be the one who brings in the potential buyers. This can eat up a lot of personal time and energy. If you want to get your listing placed in front of the right buyers, this may also take some financial resources as well. Marketing your open house takes work, and then you have to actually organize and orchestrate the open house. Showings can be a hassle when you’re in charge of all the details, and if the right people don’t know about your showing, you might not even get any potential buyers.
Understanding the Intricacies of Housing Market Prices Takes Knowledge
There are plenty of resources to help you research everything you need to know about your housing market and the value of your home. However, if selling homes isn’t your full-time job, there are simply something you may overlook. Are you sure you’re setting the perfect asking price based on the features of your home, it’s location, and market conditions? You don’t want to list yourself out of thousands of dollars. Plus, when it comes time to do some home maintenance before listing, you want to be sure you’re spending money on the right projects.
Legalease Mostly Means Hassle for Home Sellers
Buying or selling a home takes a lot of paperwork. It’s a major financial decision for all of the parties involved, and it’s one you want to get right. Tangled up in all of that paperwork are important notices about codes and property disclosures. If you’re not fully knowledgeable on the subject, you could land yourself in some legal trouble during this phase of the process. Working with a real estate agent ensures that you’ll have an expert on your team handling these issues for you.
Bill Swanson Can Sell Your Omaha Home
Selling your home takes a lot of knowledge, experience, and diligence. For some people, selling their own home might make sense. For everyone else, Bill Swanson can help. Bill has over 25 years of experience helping families buy and sell homes in Omaha. If you’re ready for help selling your home, contact Bill Swanson in Omaha, NE at 402-679-6566.
Buying or Selling a Home in Omaha? Call Bill Swanson Today!
As a long-time resident of Omaha, I know the area and the surrounding communities intimately, and can give you access to information that you could never find online. If you want to know more about the community, are looking to buy a home in a new one, or need the help of an agent to sell your home quickly, conveniently, and successfully, then email [email protected], or call (402) 679-6566.