For Sale by Owner Mistakes - Atlanta Real Estate

Some people mistakenly think that they can place a “For Sale by Owner” sign in their front yard, and the offers will start rolling in right away. But this is far from true, because it is common for the home to sit unnoticed for a long time. If you are interested in selling your home, then you need to understand the difference between For Sale by Owner (FSBO) and working with a trusted real estate agent. Here are a few things to keep in mind:

For Sale By Owner = Limited Visibility

Even though the sign is out in front of the house, you are missing out on many opportunities to connect with people who might be interested in buying your home. The internet is a powerful resource in the real estate market, and many potential buyers turn to online resources to scout out potential homes that they are interested in.

So, if you have a sign in front of your house but you don’t have the home listed on the real estate market with an agent, then you aren’t getting the visibility that is needed to get the right offer for the property.

Visibility and marketing matter, especially if you want to sell the property quickly. Additionally, the visibility of the home might also impact the price that you get when you finally find a buyer who is interested.

Multi-Offer Real Estate Environment

The real estate market is always changing, and right now it is a multi-offer environment. This means that sellers often receive multiple offers for their property, allowing them to choose the higher offer to maximize the selling price. When a home is listed on the MLS, there is a large audience that will see the listing and potentially have interest in the property. As a result, there are many situations where multiple offers come in at the same time.

In fact, it is likely that you will receive better offers for the property when you are working with a trusted Atlanta real estate agent. Your agent will be familiar with the market, knowing the right strategies to position the property in just the right way to get the interest that you need.

Lower Stress Levels

Working with an experienced Atlanta real estate agent means that your stress levels will be lower, because you don’t have to worry about all of the small details for the transaction. Many people agree that it is a huge mistake to attempt a FSBO home sale, especially when they end up getting a lower price for the home and there are complications with the closing.

At Duffy Realty of Atlanta, we are here to help with the sale of your home. We offer a flat fee commission structure, allowing you to save thousands of dollars and still have the benefit of a trusted real estate agent by your side to help. For more information, call us right away: (678) 318-1700