FSBO, or “for sale by owner,” means that the property seller has decided to sell the property themselves instead of using a real estate agent. Usually, they do this to save on the commission that agents charge. But hey, a lot of FSBO sellers find out the hard way that there’s a good reason agents charge those fees. Let’s talk about 4 ways agents earn their paycheck when selling properties and how a professional home buyer can save you both the fee and the hassles.
Working with professional home buyers can save you valuable time, money, and spare you from unnecessary hassle. In the following sections, we will explore these four areas in greater detail.
1. Preparations For The Sale
According to the age-old adage, “if the barn needs painting, you better paint it.” In simpler terms, even a skilled realtor may struggle to sell a property that requires cleanup, painting, remodeling, new landscaping, and more. Should you opt for a FSBO approach in St. Louis, be prepared for a substantial selling endeavor. Nearly 70% of For Sale By Owner (FSBO) transactions fail due to various reasons. Conversely, if you choose to undertake all the necessary preparations, you will likely invest significant amounts of time, energy, and money to enhance the property’s appearance.
This is where professional home buyers like Fast Lane Real Estate can provide tremendous value. We don’t expect perfection – whether your house needs a fresh coat of paint, decluttering, or some TLC, we’re still delighted to make you a fair offer. Let us save you time and effort while ensuring you get a great price for your property.
2. Inspections and Repair Work
To ensure a smooth transaction whether selling your home as a FSBO or through a real estate agent, it is crucial that your property successfully passes an inspection. When your buyer is utilizing an FHA loan to purchase your property, the inspection and necessary repairs can become significantly more extensive and expensive. Even a seemingly minor repair can now delay the process until it’s resolved. Keep in mind that many FHA buyers are already financially constrained, so covering a major repair would likely fall on your shoulders. At Fast Lane Real Estate, we handle those concerns for you, relieving you of the burden of inspections. Rest assured, we’ll make you a cash offer for your property in its current condition.
Image of repairs
3. Marketing Your Home
Real estate agents possess the invaluable skill and duty to attract qualified and interested buyers to your property. They achieve this through a comprehensive advertising and marketing strategy that is integral to their agency’s operations. Discover the power of online tools that put your property directly in front of those who are truly interested in its unique features. Experience stunning visuals of a professionally staged home, captivating property descriptions, and so much more.Furthermore, you have the opportunity to engage in this type of marketing even as an FSBO listing. However, it is crucial to acknowledge the substantial expertise required in order to succeed.
When you choose to partner with Fast Lane Real Estate, say goodbye to all the unnecessary hassle. We get it – your top priority is a quick and effortless sale. No need for fancy descriptions or glossy pictures. We’re all about efficiency and results! We assess the property as it is, and present you with a fair offer in its current condition. Say goodbye to the headaches of FSBO and the expenses of real estate agent fees.
4. Home Showings & Open Houses
In the exciting journey of selling a home, there are countless showings to captivate potential buyers. And every now and then, we host an open house, inviting a crowd of eager buyers all at once. The orchestration and coordination involved in planning, executing, and following up on these events is absolutely crucial. It’s all part of the unwavering dedication that realtor fees encompass. In FSBO situations, the owner carries the weight of responsibility and organization. It can be downright exhausting for homeowners to constantly tidy up whenever someone wants to view their home, especially if it lingers on the market for an extended period. But hey, that’s the price of independence, right?With a deal from Fast Lane Real Estate, you can say goodbye to all the unnecessary stress. No more showings, no more open house events, and definitely no hassle. Don’t fall for the myths about professional home buyers. Our process is simple, honest, straightforward, and lightning-fast. Get ready for a hassle-free experience like you’d never expect! You can save on realtor fees by opting for FSBO and still receive a fair cash offer with a quick closing. Before deciding between a realtor or FSBO, why not familiarize yourself with our process here and then get in touch for a reasonable offer on your home?
About Lane Forhetz
Lane Forhetz is a Real Estate Investor based out of St. Charles MO. In 2012 he founded Fast Lane Real Estate to provide quick, efficient options for homeowners to sell their property. Lane enjoys reading and hanging out with his family in his free time. He is a former Air Force Veteran and loves serving his community. You can connect with him further here: About Our Company