Kevin Tatum
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ABR - Accredited Buyer Representative


CRS - Certified Residential Specialist


Equal Housing Opportunity


GRI - Graduate, REALTOR® Institute


MLS membership


MSN HomeAdvisor


NARPM - National Association of Residential Property Managers


REALTOR® certification


Talking House®

 

FSBOs


  Should I Sell My House Myself

It's a question thousands of homeowners ask themselves every year. If you're one of them, you have some difficult decisons awaiting you. Because selling your home can be a long and complex process. So it's important to think about all the potential implications - both positive & negative - before choosing to go it alone.

1. Pricing Your Home - Your first responsibility will be assigning your home an accurate value, meaning the highest price a ready, willing and able buyer will pay.

Remember: "For Sale By Owner" homes typically attract bargain hunters who may expect you to lower your price since they, too, are looking to save money or a Realtor's professional fee, OK, commission.

2. Marketing You Home - How, Where and what copy/language will catch other agents & buyers attention. ADs, Internet, etc.?

3. Showing You Home - Are you prepared to show your home at all times during the day? What's the difference between pre-qualfied and pre-approval? When the time comes to negotiate, you'll need to to well prepared and informed, especially in this market.

4. Preparing the Contract - Every independent home seller should have an attorney or another qualified individual to preside over all agreements.

That individual will draw-up the contract and manage the sale proceedings and closing. He or she might also help you set the closing date.

You should be sure include a list of items you want written into the contract, including any personal property that is to remain with the home or items excluded in the sale.

Also remember that as the seller, you are obligated by law to disclose any material defects in your property to the purchaser(s).

Should you have any questions regarding the above or decide that you are going to go it alone, please feel free to contact me for answers.

 


Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor RE/MAX Edge, National or International shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Information Deemed Reliable But Not Guaranteed. Copyright 2007 Multiple Listing Service of Northern Illinois, Inc. All rights reserved.


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