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For Sale by Owner (FSBO) vs. Using a Real Estate Agency
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To FSBO or not to FSBO? There's a lot of advertising out there for Tampa "for-sale-by-owner" ('FSBO'), where claims are made that you can save on real estate commissions.
While that may be true, selling real estate without the aid of a professional real estate broker may cost you more in the long run. It's also a matter of how much of your own time and money you wish to invest to sell your home wisely.
If you're considering selling your home on your own, here are some questions to ask yourself:
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How will I find potential buyers? How much money am I willing to invest in advertising and marketing my property, such as running classified newspaper ads or selling on the Internet?
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How much time can I truly devote to selling my property? How quickly do I need to sell?
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What should be my selling price?
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How good of a negotiator am I?
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How do I compete with other homes being sold in my neighborhood?
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Do I understand the ramifications of legal forms and agreements surrounding a real estate transaction?
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How do I evaluate the buyer's financial situation to make sure that the transaction will actually go through and I collect my money?
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If I use a FSBO service, what is their track record? How much work will I really have to do on my own, even I use such a resource?
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Do I know enough about real estate to really handle this on my own?
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Why shouldn't I use a real estate professional like Raul Aleman or Jennifer Cook and their Tampa realty team at Bahia Realty Group?
Like anything else, the decision to use a real estate agent vs. a "do-it-yourself" approach is a personal one. And like many things in life, what sounds so simple and easy never is.
Before you make any decision about selling your home or property on your own, please be sure to give us a call toll-free at 1-888-879-6703 or email us. There's no obligation.
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