5 Reasons You Shouldn’t Sell Your House by Yourself

Your house is the biggest investment of your life, and although you might want to do it all yourself, it’s critical you get help when selling. As mortgage brokers, we see a lot of blunders in the housing market, and you don’t want to be one of them. Trust us when we say there are good reasons professionals dedicate their lives to helping people sell homes.

Here are our top 5 reasons why you shouldn’t try to sell your home by yourself.

1. Your House Will Sell for Less 

Many homeowners believe they’ll save money selling on their own because they won’t have to pay the real estate commission. But remember, the main reason seasoned investors look at FSBOs is because these properties get less traffic, a lower sale price, and sellers who tend to be amateur negotiators.  

2. Your Potential Purchasers Aren’t Pre-Vetted

Real estate professionals are trained to ask the appropriate questions when pre-vetting potential buyers. It’s their superpower. On the other hand, it’s almost impossible for an FSBO to know if the potential buyers can actually afford to buy the house.

3. There Are Too Many Negotiations

So many negotiations. The buyer who wants the best possible deal, the inspection company who finds oh so many things wrong, the appraiser who questions the value. These are just a few of the people you’ll need to negotiate with for every accepted offer you get.

4. FSBO’ing Has Become More Difficult

While the documentation involved in the selling process has increased dramatically as more and more disclosures and regulations have become mandatory in an ever-changing market, it’s still exceptionally hard for an FSBO to know and understand if they’ve put themselves in legal jeopardy or not. 

5. Your Safety Is a Priority

From regulating the number of people in your home at one time to ensuring viewers don’t go anywhere they shouldn't, real estate professionals are equipped to follow the latest industry standards and safety protocols.

What You Need to Know

Selling a home is hard work. It can take months of your time and hours of headaches. Before you decide to take on the challenge of selling your house alone, make sure you’ve done all the research. Check out our blogs at The Green Mortgage Team and get all the details on what it takes to sell. 

-Kyle Green

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