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The Downsides of FSBO

When selling your Alpharetta home, you want to make the most money possible. You want a smooth transaction without any extra fees and added expenses. Several homeowners choose to sell their Alpharetta property on their own and without the help of a real estate agent. While there can be some advantages to this decision, there are many drawbacks that may cause you to later regret your decision. 

Continue reading for several drawbacks to listing your Alpharetta home as “For Sale By Owner” (FSBO). 

You May Not Make That Much Money

Many individuals choose FSBO to avoid paying a real estate agent’s commission. Unfortunately, when selling a property on your own, you likely won’t make as much on the property as you would when working with an agent, resulting in more work, time, and energy and less money. 

A real estate agent knows how to properly market your property so it appeals to potential buyers. They can help you accurately price your home depending on the current market, your home’s condition, and more. Plus, experienced real estate agents are expert negotiators. They can assist you throughout the entire negotiation process, ensuring you are not taken advantage of and that you receive the deal you deserve. 

It is Going to Take a Lot of Time

You may not realize it, but selling a home on your own is going to take a considerable amount of time. You not only have to prepare your home for the showing, but you will need to photograph and create all listings, market the property, work on all available paperwork, schedule showings, etc. With an agent, many of these tasks are taken care of for you. This means that you simply need to make sure your home is impressive while the agent will handle the rest. 

You Must Know All Rules and Regulations

While you may have sold a home on the other side of the country on your own, there are likely different laws and regulations in our area that you must follow. If you are not familiar with these laws, you could find yourself in a sticky legal mess. Additionally, you will need to prepare all paperwork for the sale, a task with little room for error. 

It is Difficult to Remove Emotions From Transaction

You may have an emotional attachment to your property. This means that you may have a difficult time keeping your emotions out of the real estate transaction and it can affect your decisions. When you work with an agent, he or she can be a third-party individual who has no ties to the property. They can help you look at the situation from a different perspective and help you work through any potential issues that come your way. 

While there are certainly some benefits to selling a property on your own, you must be aware of the risks as well. If you have any questions about selling your Alpharetta property or you want to begin the process, give our team at AlpharettaZen a call or fill out this online form.

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