Macomb County Michigan For Sale By Owner 3 Things To Know Before Trying To Sell Your Home or Condod

CHESTERFIELD TWP, Mich. - Jan. 25, 2015 - PRLog -- Macomb County Michigan For Sale By Owner Three Things To Know Before Trying To Sell Your Home or Condo

If you’re looking to sell your Macomb County Michigan home or condo in the near future, you may feel inclined to list it as a For Sale By Owner (FSBO) before working with a Realtor. For many, this is considered one good way to cut back on costs and possibly earn a little more　profit on the sale.

However, there are certain aspects you may want to consider before going down this path. Statistically, over 80% of FSBO’s end up being listed with a local Realtor at some point. Therefore, it pays to take the time to fully assess whether or not this is the right plan of action for you to take. As your Macomb County Michigan Real Estate agent I truly understand and support your decision to give it a try, but also wanted to share these three key points before putting your Macomb County Michigan home or condo on the market as a For Sale By Owner.

1. Properly Marketing Your Property

First of all, listing a home or condo for sale can be a very time consuming and difficult process. Unfortunately, this typically is not as easy as posting a sign in the yard and setting up a classified ad in the local newspaper. There is certainly a lot more than meets the eye.

For instance, many FSBO websites will tout that you can obtain a wide exposure to buyers nationally, but this pales in comparison to the results that you can expect from big named sites like Realtor.com, and　RE/MAX.com which only agents can post to.

Next, a associate broker like, Rick Giese has a lot of expertise with implementing online real estate marketing strategies that will gain you a ton of locally targeted searches. And in fact, nearly 90% of all searches for real estate related inquiries start online.

Rick also has a strong network of both agents and buyers that they work with on a regular basis. This is a business where it pays to network. More contacts equals greater exposure.

　

2. Asking Price & Showings

For starters, a lot of FSBO’s will start at the wrong asking price. This is by far one of the most important factors that goes into marketing your home, so you want to do this properly off the bat. But, without being fully invested in your local market and understanding the current trends, it can be difficult to price the home accurately.

As alluded to in section one, selling a home can be a lot of work. Most individuals these days have to juggle a full time job, family obligations, recreational activities, household chores, etc. Where do you find the time for fully investing into the sale as well?

When the opportunity would arise for interested parties to view your property, you would need to schedule individual showings, open houses, inspectors, appraisers, etc., while also trying to stage and maintain your property’s appearance. Miss out on a good opportunity for matching schedules and you can quickly lose interest.

3. Negotiations & Contracts

If you get to the point where you negotiate with a home buyer, it is much more difficult to handle this aspect without a qualified agent. Selling your home or condo for most can be a very emotional undertaking, so it is easier to set unrealistic expectations, or to even concede on more than necessary when you don’t have a 3rd party buffer.

During most real estate transactions, both the buyer and seller will typically have a set of concessions and contingencies. For a majority of buyers, they will expect to have some type of a financing, inspection and/or termite contingency.

This is set up for their protection, in order to complete their due diligence on the home before moving forward to closing. If other issues are found, this may even been grounds for further negotiation or eventually walking away from the deal.

Or you will be expected to lower the price, fix the issue or offer a concession on something else in order to alleviate the problem. Likewise, you want to ensure that the buyer is not overstepping their boundaries or that you are pressured into giving away more than is reasonable. In summary, it’s worth taking the time to carefully consider these 3 areas before making any final decisions. If you still decide to take the FSBO route, we sincerely wish you great success. Also, please feel free to share our information with a friend and to https://www.facebook.com/macombpropertytrends for future reference as well!

Want to know today's present market value of your marital home or condominium? Check out our online CMA site at http://www.mymihomevalue.com/

Consistently ranked as one of Southeastern Michigan's associate brokers of Seniors Real Estate Help, Equity Sales and Short Sales. Rick Giese has over 27 years of Real Estate experience and is one of the areas Rick has a strong focus on assisting homeowners in need, Rick Giese offers a straightforward no nonsense consultation designed to give you all the information and facts to enable you to make the best decision for you and your family. As every situation is different, Rick offers his insight and knowledge of the real estate transaction process and all the options available to you to get the most money the market will pay or to help you avoid foreclosure. Call Rick Giese today at toll free 1-800-274-5656 or your free consultation of your situation and sleep better tonight.

For more information, contact Rick Giese at 586-242-3100 or eMail rick@rickgiese.com