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Saturday, April 23, 2011

For Sale By Owner

I recently had a consultation with a FSBO, and was told agents are predators. It's just like us (people) to  label an entire working class industry because we do not fully understand the process. Why do we do that? 
Predators come in many different disguises.  The predator could be on the other side of the transaction waiting to pounce at any given opportunity taking advantage of an uninformed, unrepresented seller.  What about the charming buyer who is well dressed, clean cut, and appears to be motivated.  Has he/she been pre-screened for credit worthiness, income, and overall legitimacy before entering your home?  What about your knowledge of legal disclosures? Pricing? Do not underestimate the work involved, or the complexity of selling your home.  Think about the risks involved before attempting to sell your home yourself.  Do the research, and Consult with a few qualified real estate agents before taking on this task.

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