For Sale By Owner: When It Makes Sense And How To Do It

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For Sale By Owner: When It Makes Sense And How To Do It
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  • 📰 Forbes
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Fed up with paying a real estate commission, some homeowners are opting to go it alone

and Realtor.com are also important venues to list on. The idea is to get as much exposure as possible. The more traffic the better the chances you have of selling your home quickly.

But emotions lead people to price their house too high and then balk at selling it for a fair offer. They think it's worth more because they love the decor or the renovation and don’t care what would-be buyers think. Their properties tend to languish on the market until they get a reality check that often results in them lowering the asking price—or giving up and hiring an agent.

Resist the urge to accept a low ball offer if traffic to your home is low. Patience is necessary when selling a home. Set a realistic price you would be happy selling your home for and stick with it.Real estate transactions aren’t as easy as opening a new bank account or applying for a credit card. There is a lot of paperwork that is required to close on a home sale. Regardless of what state you reside in, there are going to be federal and state laws you have to adhere to.

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