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For Sale By Owner, Better for Buyers
For Sale By Owner, Better for Buyers

 
Wednesday, January 27, 2016
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In today's market in Fort Lauderdale, the inventory is still constricted and the buyer demand remains high, prompting many sellers to explore the option of FSBO, or For Sale By Owner. Homes are all technically For Sale By Owner since owners hold titles to homes and the sales offered by unrepresented sellers often suffer from lower selling prices and longer market times. A realtor's most basic functions with regard to sellers are to advise sellers on how to accurately price a property, assess buyers, market the property to their network, organize closing proceedings, and coordinate inspections and appropriate evaluations. As a laymen, without experience in selling homes and evaluation of values and market conditions, a seller is at a considerable disadvantage.
 
Using a realtor will cost you around 3% of the selling price, however in many cases you will get the best value for your home since buyer agents will have an advantage negotiating against an inexperienced seller. Setting prices favorably and negotiating with buyer agents is part of the realtor advantage and will result in a better selling price for your property and can, in cases, make you more money. Additionally, realtors have extensive networks of  buyers and buyer agents within their  brokerage and within their private databases in which to advertise your property. Property marketing is crucial to getting your property sold in as little time as possible as well. For more information on my property selling tips, please contact me today for my selling brochure!

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