Cachet Real Estate Finance, LLC

  • Home
  • About Us
    • Cachet’s Mission
    • Cachet’s Network
    • Accessibility Statement
  • Custom Home Loans
    • New Construction
    • Raw-Land Aquisition
  • Resources
    • Pre-Owned Home Loans
    • First Time Home Seller Tips
    • First Time Home Buyer Tips
  • Blog
  • Contact Us

Video: For Sale By Owner?

December 4, 2015 by Cachet Real Estate Finance

Most people don’t know enough to sell their own house. Here’s why.

1. They Can’t List It!
– Only licensed brokers and agents can create a listing in the MLS sale-by-owner houses will be invisible to agents and unavailable on the Web.

2. Agents Won’t Show It.
– Typically, a buyer’s agent gets part of the commission paid to the seller’s agent. Sale-by-owner houses don’t have that commission commitment so a buyer’s agent might not get paid. No agents makes the pool of buyers MUCH smaller.

3. It’s Probably Overpriced.
– Most homeowners don’t have enough data and emotional distance to put a market price on their own home. and overpricing is another deterrent to potential buyers.

4. Buyers Prefer Neutrality
– Buyers will spend less time in the home and be less likely to make an offer because owners aren’t neutral about the transaction.

5. Legalities & Complexities.

-Real estate transactions are complicated. Most homeowners don’t know enough to avoid potentially expensive liabilities Overlooking a form or required disclosure exposes the seller to lawsuits AFTER the transaction is closed.

There are some sellers with a real estate background that do have enough experience to sell their own home but in most cases you probably shouldn’t try selling your own home.

Video-ForSaleByOwner

Filed Under: Home Selling Tips Tagged With: For Sale By Owner, FSBO, Home Selling Tips, Video

Safe & Secure Application

Any Questions?

  • This field is for validation purposes and should be left unchanged.

Connect with Us!

Our Recent Articles

  • Expecting a Newborn? Baby-proof Your Home With This Quick and Easy Checklist
  • An Overview Of A Wrap-Around Mortgage: What To Know
  • What’s Ahead For Mortgage Rates This Week – March 20, 2023
  • How to Get Along With Your Homeowners Association

Privacy & License Information

  • Privacy Policy
  • License
  • HUD Booklets
Cachet Real Estate Finance, LLC
7900 N US HWY 377
Rochelle, TX 76872
NMLS #391557 | Equal Housing Lender

Copyright © 2023 · Powered by MySMARTblog