Are you trying to sell your Lake Charles home For Sale By Owner?
If you are selling your Lake Charles Home on your own, are you familiar with the process that will be required to close meet criteria for the buyer’s loan?
There’s More to Selling Your Home than a “For Sale” Sign In Your Front Yard: Beware.
Even if a simple sign in your yard did produce a buyer knocking on your door, how will you handle the following questions:
“How does your home compare to others like it in Lake Charles, Sulphur, Moss Bluff, Westlake, or Carlyss, LA
“How did you determine the fair market value of this property?”
“What about financing? Can you help?”
“If I make an offer, who will draw up the paperwork?”
“Why aren’t you using a REALTOR? Is there something wrong with the property?”
“Since you aren’t using a REALTOR, we can take their fee right off the top, right?”
Selling your home is one of the most important financial transactions you will make in your life. Don’t take risks. Selling your home is nothing like selling a car. Every home is different, and every homebuyer wants to offer you as little as possible. How do you determine the real market value?
The method most used to sell a home has changed in recent years. Realtor.com reports that a higher share of sellers are relying on the expertise of real estate agents and brokers to sell their home, rather than trying other methods.
As a top real estate professional, it is my job to help you negotiate with all those buyers who want something for nothing. Not to mention preparing your home for sale, marketing it locally in Southwest Louisiana and even nationally, and guiding you through the complex paperwork and pitfalls of appraisal, inspections and closing. Make sure you are really ready to handle all of that before pounding that sign into your front yard. Errors can be extremely costly.
If you must sell your own home, at least let me give you a sense of its true market value. Tell me a bit about your home, and I’ll do a quick Comparative Market Analysis and let you know what I feel it is worth. I’ll also describe, as an experienced, top selling Century 21 REALTOR, how I would market your property to get it SOLD . This is free, with no strings attached.
Don’t price your home by yourself! It’s my job to analyze the Lake Charles real estate market and determine the true value of your property. It’s FREE and without obligation…
Most times For Sale By Owners do not have knowledge of the real estate market to understand how to correctly price their Lake Charles Home for Sale. A CMA or comparative market analysis is just one service a Lake Charles Realtor can provide a seller with and the CMA is used as a tool to price the home to sell and sell quickly.
A Realtor.com study showed that sellers use real estate professionals to help them sell their home in a reasonable timeframe, to market their home to potential buyers, and to price the home competitively.
Pricing is not what you think your home is worth, it is all about what a buyer is willing to pay or fair market value. We are experiencing many appraisal issues with Lake Charles Real Estate. The mistake that I see all to often with For Sale By Owners is the home is not priced to sell and if their home does go under contract, the seller is then surprised when the house does not appraise. Pricing is key when it comes to selling your Lake Charles Home.
Did you know that the founder and former CEO of ForSalebyOwner.com was unable to sell his OWN HOME, so he turned to a REALTOR to get the job done! According to The Wall Street Journal, the seller, gave up the FSBO route in favor of hiring a real estate agent. This good decision resulted in attracting multiple offers for his 2000 square foot condominium in New York and a final sales price $150,000 more than the original asking price. His for sale by owner own marketing efforts, which included his own online classified ads and FSBO sites, failed to get the job done. This is a trend that more and more sellers are discovering after many months of unfruitful FSBO attempts unqualified buyers entertained and general inconvenience and frustration.
The facts speak for themselves. The market is just too uncertain and changing too fast for most Lake Charles home sellers It is imperative that homes are priced correctly from the very start to keep up and/or ahead of market trends.
Copyright 2012© Marilyn Boudreaux
Marilyn Boudreaux, REALTOR® 337-499-9592
Century 21 Mike D. Bono & Co.’s
4410 Nelson Road
Lake Charles, LA USA 70605