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Pros and Cons of Selling "By Owner"

Before you make a final decision to sell your home FSBO you need to honestly consider the pros and cons of your decision.  

PROS

  • You don't have to pay high commissions on the sale of your home.
  • You don't have to risk getting an inexperienced licensee when you list your home.
  • You control the showing times and don't have to have a lock box on your home.

CONS

  • You are completely on your own when it comes to pricing your home, getting your home in top showing condition, negotiating, problem solving and closing your sale.
  • You have to pay for all of your own advertising and marketing.
  • You have to figure out what to disclose to your prospecting buyers.  What a big liability if you get it wrong.
  • If you want to make sure you do every thing legally, you need to hire an attorney.  But you need to find one who really understands real estate law.  There are some who can't understand why real estate contracts are so long...and actually brag about writing a short contract.  The contracts are long because they cover problems the have happened over the years.  An attorney without experience is worse than no attorney.....you still have to pay them!
  • You have to be present at all showings, taking the risk to your personal safety.
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This page features real estate articles, articles for For Sale By Owners, articles for FSBOs, articles for By Owners in St Charles County Missouri, St Peters MO, Lake St Louis MO, , O'Fallon MO, Wentzville MO, Harvester MO, St. Charles MO, St. Peters MO, St. Charles County MO, Lake St. Louis MO, Saint Charles County Missouri, Saint Charles MO, Saint Peters MO, and Lake Saint Louis MO.  If you need to sell St Charles County Missouri real estate, St Peters MO real estate, Lake St Louis MO real estate, O'Fallon MO real estate, Wentzville MO real estate, Harvester MO real estate, St. Charles MO real estate, St. Peters MO real estate, St. Charles County MO real estate, Lake St. Louis MO real estate, Saint Charles County Missouri real estate, Saint Charles MO real estate, Saint Peters MO real estate, or Lake Saint Louis MO real estate, then Linda Grissette is the agent to call.  If you have St Charles County Missouri homes for sale, St Peters MO homes for sale, Lake St Louis MO homes for sale,  O'Fallon MO homes for sale, Wentzville MO homes for sale, Harvester MO homes for sale, St. Charles MO homes for sale, St. Peters  MO homes for sale, St. Charles County MO homes for sale, Lake St. Louis MO homes for sale, Saint Charles County Missouri homes for sale, Saint Charles MO homes for sale, Saint Peters MO homes for sale, or Lake Saint Louis MO homes for sale, then give Linda Grissette a call.

Any Coed Affiliates Pershing Rifles (CAPERS) Alumni out there?  Now there is a website just for you!

Linda Grissette
Keller Williams Realty West
Office: 636-229-8722
Linda@Grissette.com
Linda is a licensed Broker-Associate in the State of Missouri.

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