With selling homes by owner becoming more and more popular, many people ask why do I even need a Realtor at all? Especially since Nashville real estate is heating up? The answer is because when a Realtor is involved in the transaction you are much less likely to have several things happen: Lengthy contract disputes, undervalued property, lawsuit filed after a completed sale, improper tax records, buyers who cannot fund at closing, as well as several other serious complications. However, in some cases it does make sense to give FSBO a shot, especially if you are a details oriented person who doesn’t mind sifting through legal jargon and tax records.
Here are some things to get you started: 1) Be sure what your true market value is first, don’t go by the tax record, it usually lags years behind the true market value. 2) Get your home into tip top showing shape. 3) Budget an advertising allowance and begin to narrow down the best media in your area. 4) Acquire all of the proper signage and be sure you follow your city’s and neighborhood’s sign ordinance laws. 5) Decide if you will offer a commission to a buying Agent and if so, what percentage. 6) Photograph your property and create listing flyers to distribute. 7) Commit to a sales price, and 8 ) Plan on how to ‘show’ your property and who will be available to show potential buyers around during the week and weekend. Now you are ready to begin! Log onto the Internet and find a reliable FSBO site to list your property on (remember over 85% of all buyers begin their search online) and list your property for at least 60 days. Good luck!
Remember, if you are buying or selling real estate in any of these areas, the Nashville Remarkable Homes Team is here to make your life easier! Belle Meade, Bellevue , Belmont, Berry Hill, Brentwood, Burton Hills, Cool Springs, Crieve Hall, East Nashville , Fairview, Forest Hills, Franklin, Grassland, Green Hills, Hendersonville, Hermitage, Hillsboro Village, Hillwood, LaVergne, Melrose, Mt. Juliet, Murfreesboro, Nashville – Downtown, Oak Hill, Old Hickory Lake, Priest Lake, Smyrna, South Hall, Spring Hill, Sylvan Park, Thompson Station, Vanderbilt, Vaughns Gap, West End, West Meade, Woodbine, and Woodmont.