Sellers who try to sell their homes without an agent are refered to as FSBO's (For Sale By Owner and pronounced as FISBO).
There are companies who cater to FSBO's by providing lawn signs, websites and marketing materials to show their homes on the internet. These companies have no obligation to the seller other than to provide pay for fee services and no obligation to provide accurate listing information to an unsuspecting buyer.
Let's face it FSBO's want to sell their own home to increase their bottom line by cutting out the agency fees for selling their property. This is a great plan for those very educated in the real estate market and have the fortitude to withstand the potential for legal issues, but it is not a practical solution for the majority of sellers.
Selling real estate is a complex and highly specialized field. An agent will steer you clear of the many pitfalls, and generally can save you time and money. In the long run your agent will probably sell your home for a better price and therefore put more money in your pocket than selling on your own.
The reality is that the majority of FSBO's give up after a few months and list with an agent. Chances are during the same period of time, had they listed with an agent initially, they would have already sold their homes.
Here are just a few of the advantages of working with a full service agent:
Your agent knows real estate market values in your neighbourhood and will help set an agreeable and competitive price on your home.
Your agent will establish a marketing strategy for your home ensuring that your property is exposed to scores of potential buyers.
Your agent will handle all of the many tasks involved in selling a house (everything from staging your home to putting up the for sale sign and taking care of paperwork).
Your agent is an expert in the home selling process and as such will advise you of your rights, options and obligations.
Your agent is an experienced negotiator and will work to get you the best price possible.
Your agent has access to all of the latest tools, technology and tricks of the trade.
Your agent can recommend the best ways to improve your home's appeal both inside and out.
Your agent will handle the details involved in showing your property and will ensure the timing is convenient to your personal schedule or requirements.
Your agent is a respected member of the real estate community and other agents will have confidence in bringing their buyers to negotiate a purchase.
As an experience Royal LePage agent, I have the support of a national firm and a network of contacts to maximize your opportunity to sell your properly quickly and for the higest possible price.