My advice to those determined to sell with a For Sale by Owner listing is to give it a limited amount of time. Give yourself a deadline before you go at it alone. Set a date and give it a few weeks. If you aren’t having luck, it’s time to bring in a professional.
Statistics show that those who sell their homes themselves wind up leaving much more money on the table than commissions would have cost them while also losing the time and money spent working the listing themselves. It make a big difference when you hire someone who works full-time preparing homes for market and handling the intricacies of real estate transactions –– on your bottom line, sanity, and legal liability.
Frank, a smart and tech-savvy Denver homeowner, thought he’d skip the agent commission and sell his house himself. He researched his home’s property value, found a buyer and got the house under contract. It seemed like a done deal. Until he realized in a panic that he had seriously undervalued the property – by more than $100,000.