Mar y Sol Properties

Home Sale

Our marketing experience sets us apart from the competition. As a seller’s representative, we not only help you prepare the house for sale, but we also advertise it—especially through social media.

 

We are Experts in Selling Houses

We understand that sellers may have different needs, and we are here to help.

  • Need to sell immediately? We have a network of cash investors ready to buy your property today.
  • Want to sell for the best possible price? We are marketing experts—our sales program is unmatched by what other REALTORS® offer.
  • If you’re considering selling on your own, please read the information below.

You may want to start by checking the automated value of your house here. But we understand that the automated valuation is not always accurate. We are happy to prepare a custom competitive market analysis of your property. Please fill out the form below and we will get right back to you.

FSBO

In today’s market, with rising home prices and limited inventory, some sellers think about trying to sell their home themselves, known in the industry as For Sale By Owner (FSBO). However, there are several reasons why this may not be the best idea for the majority of sellers.

Here are the top five reasons:

1. Exposure to Potential Buyers

Recent studies have shown that 95% of buyers search for homes online, compared to just 17% who look at newspaper ads. Most real estate agents have a comprehensive internet strategy to promote the sale of your home. Do you?

2. The Impact of Internet Exposure

Where did buyers find the home they purchased?

  • 49% on the internet
  • 31% through a real estate agent
  • 7% from a yard sign
  • 1% from newspapers

The days of selling your home by simply putting up a sign or listing it in the newspaper are over. Having a strong online strategy is crucial.

3. There Are Too Many People to Negotiate With

Here’s a list of some of the people you need to be prepared to negotiate with if you decide to sell on your own (FSBO):

  • The buyer, who wants the best deal possible
  • The buyer’s agent, who represents the buyer’s interests exclusively
  • The buyer’s attorney (in some regions)
  • The home inspection company, which works for the buyer and almost always finds issues with the property
  • The appraiser, if there’s any question about the value of the home
4. Selling on Your Own Is Becoming More Complicated

The paperwork involved in selling and buying a home has increased significantly as disclosures and regulations have become mandatory. This is one reason why the percentage of people selling on their own has dropped from 19% to 8% over the past 20 years.

5. You Net More Money When You Use a Listing Agent

Many homeowners believe they’ll save the commission by selling on their own. However, keep in mind that the main reason buyers look at FSBO properties is because they also believe they’ll save the commission. The seller and buyer can’t both save the commission.

A recent study by Collateral Analytics revealed that FSBOs don’t actually save anything, and in some cases, they may even cost more than using an agent. One of the main reasons for the difference in price is:

  • “Properties listed with a broker who is a member of the local MLS will be marketed to a much larger pool of buyers. These MLS properties generally offer compensation to agents representing buyers, incentivizing them to show and sell the property, thereby increasing the number of potential buyers.”

The more buyers see the home, the higher the likelihood of a bidding war. The study showed that the price difference between FSBO properties and those listed with an agent is currently averaging around 6% this year.

Why would you choose to handle the sale yourself and manage the entire transaction when you can hire an agent and potentially net more money? Let us guide you through the process and ensure you achieve the best possible outcome.

Request a free consultation