Real estate agents have access to the MLS, which is a big part of how they can find potential buyers for all of their clients. They usually also have many personal and professional contacts to refer back to when needed, though, which is more difficult to replicate than MLS access. Unlike owners, an agent trying to sell a home is working on commission. Striving to obtain a hot deal at the highest possible price is in the agent’s best interest—even more than it would be for the owner. Someone looking to sell their house FSBO certainly wants the best deal, but an agent needs it. They will throw all their skills and experience into getting that perfect price because agents make their living this way, and upholding a good reputation for high sales prices is crucial to a good real estate business.
MISTAKE #4
NOT UNDERSTANDING THE NECESSAR G THE NECESSARY PAPERWORK
Not knowing what papers you need to sell your property can cost owners opting for FSBO dearly. There are lots of documents and many disclosures that need to be signed and submitted for filing throughout the home sales process. A seller must consider scheduling appraisers, arranging necessary inspections, and meeting many other conditions. Failing to meet requirements in terms of accuracy and timelines might cost the owner and buyer extra money and time—quite possibly in the courtroom. That is why all official documents and agreements involved in the sales contract must have been cleared and executed within a legally binding time frame. Real estate agents have thorough training regarding the timely handling of all the necessary
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