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Is a FSBO Risky?
Have you ever been told that selling a house by owner is a huge risk and that you will lose money if you attempt it? This is usually a scare tactic used by real estate agents who want your listing and will say and do anything to get it. There is no factual evidence that selling for sale by owner is a bad idea or that it is unsafe. As with anything, you need to exercise common sense and be sure that your actions are done to ensure maximum security for your property and person.

If your agent or any agent for that matter attempts to tell you that selling your house on your own is unsafe, calmly ask them to explain how it is so different. What precautions do most agents take that a homeowner cannot? There is nothing a real estate agent can do that a homeowner cannot and more times than not, a homeowner will know the house better. This means if there is ever a dangerous situation, they will know the address to alert authorities to a problem, they will know the windows that may be unlocked, and they will know the closets with the most security.

How does a Real Estate Agent Create a Safe Showing?

Most real estate agents will act as though they take potential buyers through a rigorous background check before they visit a property but in all reality, many do not. Some offices will have a process that must be followed when an agent goes on a showing and this is a precaution that allows for a safety buffer. This usually entails the agent getting the name, address, contact info, and possibly a copy of their ID before the showing but many times it's just a name and email. The agent's company may require them to log the showing which may seem tedious but it allows someone else to know where the agent is during any certain time.

FSBO Marketing Mistakes

If you are selling a house by owner, you should consider setting up an email and phone number, maybe a Skype number or Google number for phone inquiries. These can be generic numbers that are forwarded to your own cell or home phone without the public seeing your information. There are people in the world who intend to harm others and while this can't be avoided at every turn, you can do your best to avert their advances.

Buyers only need to know your first name and there is no need to put your entire name on your marketing materials. There are many ways to sell your house, but you will need to market no matter which way you choose. One of the best ways to go about this is to list your home online. Some housing websites will allow buyers to message you only through a form type email so they do not have direct access to you. This can cut down on your spam emails and even unwanted phone calls.

Open Houses on Your Own

Open houses for a FSBO are not usually recommended. With the increased number of prescription drug abusers and other petty thieves prowling the open house markets, you don't need to increase your exposure. With numerous people walking through your home, it can be hard to supervise. Most agents will do an open house for marketing reasons and to gain exposure. It rarely produces actual buyers but can create a buzz about the house and new clients for the agent. As a rule of thumb, don't provide information about your security system to potential buyers but if they ask, try to avoid answering fully.

Regardless of the method you use to sell a house, here are some quick rules to follow:

-Always remove valuables. Store them away, not just in a drawer as potential buyers will look through your drawers.

-Two people should be at the property at all times during a showing.

-Keep blinds and curtains open during a house showing. This can give those on the outside a way to see in if there should be a ruckus or noise.

-Don't show the property after dark. There is no need and many times, the house will look better in the natural light.

-Never allow for drop-ins. Ask them to schedule an appointment. You can make an excuse to keep them from wanting to see the property at the drop of a hat and it is perfectly acceptable to give them a flier and send them on their way.

Keep in mind that a FSBO is not ideal for everyone. You may be shy, have no time to do the showings, or just don't feel safe about it. An agent is then a great idea for you but don't let them discourage you from doing it for any other reason than a personal preference.

If you want to sell your house on your own and cut down the marketing, you can. Submit your property to us. You will pay no fees to list, your information will be secure, and you will only be contacted by professional and trustworthy investors. Our network is built with only qualified investors. They are local to you, too! Our network members invest in their local area. Don't wait another minute. Take the first step to sell your house today!

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