Before you consider being your own Real Estate Agent, consider these questions!

Posted by Colleen Kulikowski, Licensed Real Estate Salesperson (716) 650-0051 on Apr 30, 2012 in For Sale By Owner, Grand Island Homes

Deciding to sell your Home by yourself

There are many factors that go into marketing, showing, and successfully completing a Real Estate transaction in Western New York that you may not be familiar with.

If you act on your own in Western New York, you will eventually discover the process is involved and full of potential pitfalls.  It might be best to investigate the questions and answers before you commit to the journey.

Read Also: What a REALTOR® Can Do For You

Ask your self these questions and only you will know if selling your home by yourself is something that you want to take on:

• What will a Home Inspector find when the house is inspected? Read Also: Home Inspection Reports
• Do you feel confident that your home is staged properly?  Read Also: Staging Your Home – It isn’t always all about what you see
• Are you ready to hold open houses on many Sundays?  Read Also:  Open Houses don’t sell houses!
• What are your showing instructions for the home? Read Also: How your Showing Instructions can affect the showings on your Buffalo area home for sale!
• Are you ready to show your home on a moment’s notice?  Read Also:  Your home’s job interview — the Home Showing!
• Are you prepared to cope with prospective buyers’ criticism?  Read Also: Removing Buyer Objections
• If a Buyer’s Agent shows your home, what will your compensation to them be if they bring in a buyer?
• Are you aware of the legal forms and contracts you need?
• Do you know what property disclosures are legally necessary?  Read Also: What Should WNY Sellers Disclose to Home Buyers?
• How will you deal with contingent offers?
• Is your mortgage assumable?  If so, what are the terms and interest rate.
• In the offer-to-purchase, what protections are to be put in place?  Read Also: What the appliances are not included?
• Do you know where advertising is effective?   Do you plan on putting it on the Internet?  Read Also: National Internet Exposure Good for Buffalo Homes for Sale?
• How are you going to handle security of your home?
• Do you know if prospective buyers are qualified to purchase your home?   How will you qualify these buyers?
• How will you determine if the Buyer is financially qualified?  Read Also: Do You have the Credit Score Blues?
• How much earnest money will you require?   Where will that money be held?
• Have you an attorney?   What things does that attorney advise you to do?
• How will you handle the request for buyers request for concessions?
• Have you a time frame in mind before you have to sell?

You put yourself at a distinct disadvantage by not contemplating these questions before you list your home.  If you do list your home you are committing yourself and your family to an involved and time consuming process.   Be ready!

For more information call Colleen Kulikowski

(716) 650-0051

Thinking of selling your Western New York home? Interested in finding out the current market value of your single family home, condo or investment property? Then call www.BestBuffaloHomes.com at (716) 650-0051 to discuss what is happening in today’s Western New York Real Estate Market. We would be happy to give you a personalized Comparative Market Analysis for your home or assist you to purchase a home. View additional WNY Market Area Statistics here.

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