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February 2018

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  For Sale By Owner in Real Estate - What It Means

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Join date : 2012-05-30

PostSubject: For Sale By Owner in Real Estate - What It Means   Thu Jul 07, 2016 11:28 pm

Embarking on a For Sale By Owner, without representation, is not that difficult if the market is moving fast and inventory is snapped up as soon as it becomes available for sale. However, for most FSBOs, finding buyers is typically a challenge. According to the National Association of Realtors, the majority of for sale by owners end up listing with a Realtor, partly because most buyers are represented by an agent. Other reasons are because owners who sell by themselves lack the expertise to price a home to sell and fall short on marketing knowledge. In selling a home without the help of a broker, try these helpful hints:

- Pricing a home to sell is part a hunch, research and market timing. You can't always depend on an agent's assessment of value, since sometimes agents take overpriced listings just to lure your business away from the competitors.

- Hold an open house, and remember that in most areas, Saturdays are just as popular as Sundays. Also, get the services of a good photographer to shoot a virtual tour of your house, and advertise the virtual tour link in your marketing website.



Vancouver Olympic Village Real Estate Agents

Peter Raab Cell: 604-644-3333 | Molly Lowe Cell: 778.918.9392

RE/MAX Crest Realty Westside | 1428 West 7th Avenue| Vancouver, BC V6H 1C1

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