Here is your unique opportunity to live in the highly desirable Old Northeast just one block from Coffee Pot Bayou and the Snell Isle bridge. Nestled on a quiet street among million-dollar homes, this immaculate 3 BR/2 Bath home has been significantly updated with refinished hardwood floors, all room interior paint, attic insulation, tankless water heater, split ACs in two of the bedrooms, recently-stained pool deck, vertical blinds, a Bosch dishwasher, and extensive landscaping. The open-concept floor plan has a spacious living area with a large picture window overlooking the covered deck, pool, and large private backyard. The home boasts a split floor plan and the Master Bedroom has an ensuite and walk-in closet. In addition to a four-car carport, there is an oversized two-car garage. With insulation and air-conditioned, the garage could make a great space for a woodshop, crafting, fitness room, or table sports. There is even a charging station for an electric car. Call today to schedule a private tour!
727-209-7487 The Grannan Group of Smith and Associates Real Estate
Should I “FSBO” or Hire a Realtor?
One of the first things you might consider is whether you should hire a realtor or try to sell it on your own (For Sale by Owner OR FSBO). After all, why should you pay a realtor a commission when you could save those monies by selling the home yourself? Let’s face facts: you know the home better than anyone else, right??? Well, there are several factors you should consider first. Let’s start with some statistics…According to the National Association of Realtors 2016 “Profile of Home Builders and Sellers”, the average FSBO (pronounced Fiz-bo) home sales price was $185,000 versus average home sales price represented by an agent was $245,000, a difference of $60,000 which makes even a 6% co
mmission of $14,700 seem less important.
Selling it Yourself
You can drive yourself crazy reading internet suggestions on what improvements, if any, you should do as well as what price to ask for as well and even how to advertise your home for sale. Statistics show only 10% of home buyers found their home through a sign in the yard and less than 1% from a newspaper ad. Do you really want everyone who walks past your home knocking on your door? This can open you up to scammers, criminals and otherwise dangerous people into your private space.
Use Social Media
How about all your Facebook (FB) friends? Won’t they be a valuable resource for you? Unfortunately, marketing online is not as easy as many think it will be. Many of your FB friends don’t even live near you, and if they do…do you really think they will help you sell your home? By going it alone, you may not reach your target audience, but instead, subject yourself to a bunch of “looky-loos” (gawkers who have no intention to buy
a home) and any advertising costs will come out of your pocket.
Don’t Over Improve or Overprice
You may do more redecorating than necessary as you try to follow “free” advise you found online. You will most likely price your home too high (using online calculators) and be forced to lower the price when your home doesn’t sell, leaving buyers to wonder if there is something hidden that is wrong with your home. The first two weeks are the most important. You also need to realize that the person looking at a FSBO may expect you to drop your price even more, as they are looking for a rock-bottom deal since they will know you are not paying realtor fees.
Hiring a Professional
The fact of the matter is that realtors have all the right tools. They stay up to date on issues that include local laws concerning such things as mold and lead based paints as well as carbon monoxide and smoke detectors. Realtors are aware of necessary disclosures concerning your property and can help with the proper pricing of the sale of your home after doing a comphrehensive market analysis. Agents can share your property listing thru MLS that includes fellow agents who will add leverage to more buyers. They are like match-makers, finding the proper buyer for your home. They can stage the home, making it more attractive to buyers, making recommendations to get you the best price possible, because they are not making emotionally charged decisions. Many buyers are not comfortable with the owner in the home when they view the property, so the realtor is able to weed out unsuitable offers as well as gather feedback.
What the Data Says
–FSBOs accounted for 7% of home sales in 2017. The typical FSBO home sold for $200,000 compared to $265,500 for agent-assisted home sales.
–87% of buyers purchased their home through a real estate agent or broker
–91% of sellers were assisted by a real estate agent when selling their ho
–Realtor average days on market 69
–FSBO average days on market 88
–Statistics show that Pricing Appropriately and Filling out the Contracts/Paperwork accounted for the most difficulty for FSBOs.
Statistics show there is 70% less stress when dealing with an agent than when going it alone. You will have to deal with all the variables on your own: The Buyer, the Buyer’s Agent the Buyer’s Bank, the Inspection Company, the Appraiser and the Title Company. So if you want to sell your home with less stress, a quicker sale and more profit, then you need to hire a realtor!
Selling Your Home is a Full Time Job. It is OUR full time job and we want to do it for you.