FOR SALE BY OWNER IN SARASOTA
There's a lot to consider when selling your Sarasota real estate as a FSBO.
Real estate laws and changing technology raise more questions than they answer.
According to the National Association of Realtors, a whopping 94% of home buyers use the internet to start their property search. Putting your home on Zillow or Craigslist is not enough. The word is out that Zillow is inaccurate and Craigslist is full of scams.
Is your home listed on over 900 real estate and real estate-related websites?
Let's talk about putting your home on the market and how my experience and the power of Berkshire Hathaway will work for you.
NEW LAWS, NEW
What do you need to disclose to a potential buyer?
How do you negotiate a torn screen or aluminum wiring at your electrical panel? Will your roof pass a 4-point inspection for a buyer getting mortgage?
Who is going to hold the escrow (earnest money) deposit?
How long should you expect to close on the sale if the buyer is getting a mortgage, based on the new mortgage loan disclosure laws?
What happens if the property doesn't appraise because you used an inaccurate Zillow value for your listing price?
Don't underestimate the amount of time you will need when you sell your home as a for sale by owner.
Most Sarasota real estate buyers come from out of town. A lot of buyers are here vacationing or on a short visit to view property. Can you be available to show your home at their convenience?
How will you screen or pre-qualify a stranger that wants to see your home? Do you want to show your home only to find out the buyer hasn't gotten mortgage approval, or hasn't sold their current residence yet?
Sarasota home buyers have access to a lot of information online. More information results in more buyers with more questions. They have become extremely cautious when making a decision on which home to purchase.
As a Sarasota home seller, you'll get a lot of buyers looking at your property, but they are most likely going to rely on the services of a Realtor to help them answer their many questions and make sure their interests are protected.
If you still don't want to list your home with a Realtor, you should be willing to work with a buyer's agent.
"I know a good agent when I see one, and David is one of those agents. I recommend him to anyone in Sarasota."
Nanette P., Connecticut