To Sell or Not to Sell

Every home seller must eventually decide whether to hire a REALTOR® or to sell the home on their own. Last year, 13 percent of all sellers chose the FSBO (“For Sale By Owner”) route, according to NAR’s 2005 Profile of Home Buyers and Sellers.

Wilmington, DE (PRWEB) September 17, 2006 –- This is the question that most real estate owners are asking themselves. A growing dilemma in this wavering real estate market. Over the past several years buying and selling properties, also known as flipping, was a fairly simple way to generate positive returns in a relatively short period of time.

However, things have changed over the past several months making the decision to sell or hold a property a much more complex consideration. Sellers cannot expect to hit the ball out of the park every time, but in order to bat; you need to be in the game.

So the question becomes, what is the best approach or strategy for achieving the desired outcome. Remember, people don’t plan to fail they fail to plan, and planning is the first and most important step when selling your home.

Every home seller must eventually decide whether to hire a REALTOR® or to sell the home on their own. Last year, 13 percent of all sellers chose the FSBO (“For Sale By Owner”) route, according to NAR’s (National Association of Realtor®) 2005 Profile of Home Buyers and Sellers. This is down from about 18 percent eight years ago.

This might sound like a downward spiral for the FSBO market, but I don’t believe that is the case. In fact, with the changing real estate climate, and the decline in the profits being made, it is not surprising to me that more and more sellers are trying to sell their home by owner.

When the real estate market started to soften, so has the willingness of home sellers to pay realtors an exorbitant amount of commissions for selling their home. In fact, according to the NAR’s, the most difficult task for FSBO Sellers was understanding and completing the paperwork!

If this is the most daunting task for home sellers, a simple download from many FSBO websites, can be the quick fix to set them on the right path for selling their home without paying huge commissions.    

I would agree that paperwork is certainly a challenge for any new FSBO, but the bigger obstacle is attracting a qualified homebuyer. This marketing conquest, has been a thorn for many sellers in the past, but has become less challenging with the advent of the Internet and online FSBO sites. In fact, many FSBO sites provide the seller with ample resources and marketing tools, to sell their homes by owner for just a fraction of the cost of traditional real estate services.

ListenToMyHouse.com has been providing FSBO’s with the highest quality products and services since November 2005, and is excited to announce their new For Sale By Owner Kit. This FSBO Kit includes everything you need to make your home’s information accessible to potential homebuyers 24/7. The Toll Free Property line and corresponding “Talking Yard Sign”, is the key to the whole system. It helps you take full advantage of the existing traffic in front of your home and affords you the convenience of good qualified leads, as potential buyers will have heard the property details prior to contacting the seller. The property web page is also a big plus; it gives your marketing an extra boost since ListenToMyHouse.com now distributes our listing’s with several of the leading classified sites on the Internet. Please visit www.ListenToMyHouse.com for more details.

For information: http://www.ListenToMyHouse.com
Phone: 1-888-464-LIST

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