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Warmath Realty Group (#WRG)
  • Home
  • Mortgage Calculator
  • Listings Search
  • WRG Seller Resources
    • The Troubles of Selling For Sale By Owner
    • Free Home Valuation
    • Getting your Home Ready to Sell
    • Pricing Misconceptions
  • WRG Buyer Resources
    • Download our FREE Mobile Home Search App
    • Why do you need a Buyer’s Agent?
    • Local Schools & Information
    • How your Credit Score affects your Mortgage Rate
    • Your FICO Score Matters
    • 5 Reasons to Talk to a Lender First
  • About the WRG Team
  • WRG Testimonials
  • Keller Mortgage & The ZeroPLUS Loan
  • WRG Community & Partners
  • WRG Resource Network
    • Robert & Marisa Boyd – M&M Painting
    • Chas Scott with Edify Background Screening
336-317-6556
team.warmathgroup@gmail.com
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inception-app-prod/NDFiYTkyODUtZGMzZC00ZTcyLTliNWQtZDVmYzhkODNmZjJl/content/2021/10/10d6a3c997bfa2e2b88567fa800857fe76cf2b2d.png
Warmath Realty Group (#WRG)
  • Home
  • Mortgage Calculator
  • Listings Search
  • WRG Seller Resources
    • The Troubles of Selling For Sale By Owner
    • Free Home Valuation
    • Getting your Home Ready to Sell
    • Pricing Misconceptions
  • WRG Buyer Resources
    • Download our FREE Mobile Home Search App
    • Why do you need a Buyer’s Agent?
    • Local Schools & Information
    • How your Credit Score affects your Mortgage Rate
    • Your FICO Score Matters
    • 5 Reasons to Talk to a Lender First
  • About the WRG Team
  • WRG Testimonials
  • Keller Mortgage & The ZeroPLUS Loan
  • WRG Community & Partners
  • WRG Resource Network
    • Robert & Marisa Boyd – M&M Painting
    • Chas Scott with Edify Background Screening
inception-app-prod/NDFiYTkyODUtZGMzZC00ZTcyLTliNWQtZDVmYzhkODNmZjJl/content/2021/10/10d6a3c997bfa2e2b88567fa800857fe76cf2b2d.png
Warmath Realty Group (#WRG)

The Troubles of Selling For Sale By Owner

Understanding and Performing Paperwork

The paperwork involved in selling and buying a home has increased dramatically as industry disclosures and regulations have become mandatory. This is one of the reasons that the percentage of people FSBOing has dropped from 19% to 9% over the last 20+ years.

​Getting the Right Price

Many homeowners believe that they will save the real estate commission by selling on their own. Realize that the main reason buyers look at FSBOs is because they also believe they can save the real commission. The seller and buyer can’t both save the same commission.

The median selling price for all For Sale by Owner homes was $210,000 last year. However, homes that were sold with the assistance of an agent had a median selling price of $249,000 – nearly $40,000 more for the typical home sale.

This doesn’t mean that an agent can get $46,000 more for your home. However, it does show that selling on your own might not make sense.

​Selling Within Your Planned Length of Time.

The days of selling your house by just putting up a sign and putting it in the paper are long gone. Having a strong internet strategy is crucial. Most real estate agents have an extensive internet strategy to promote the sale of your home.

Where do buyers find the home they actually purchased?

43% on the internet

9% from a yard sign

1% from newspapers

​Having Enough Time to Devote to all Aspects of the Sale

Forty-eight percent of home owners who sell their home without a real estate agent believe that if they sell themselves they’ll have to just do a little extra work and then be able to save on having to pay a commission or closing fee. But research shows that for-sale-by-owners actually end up having to spend a lot more time than they ever imagined and tend to end up with a final selling price that is lower than comparable listings that were sold by an agent.

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Office

Keller Williams ONE
1501 Highwoods Blvd Suite 400Greensboro
North Carolina 27410
336-317-6556
team.warmathgroup@gmail.com

Areas

  • Home
  • Mortgage Calculator
  • Listings Search
  • Seller Resources
  • Buyer Resources
  • WRG Testimonials
  • Keller Mortgage & The ZeroPLUS Loan
  • Community & Partners
  • WRG Resource Network

About

  • About the WRG Team

Consumer Protection & Privacy

  • Accessibility
  • DMCA Compliance
For ADA assistance, please email compliance@placester.com. If you experience difficulty in accessing any part of this website, email us, and we will work with you to provide the information.
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Warmath Realty Group (#WRG)

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