Are you a Sequim FSBO or a Port Angeles FSBO? I think of selling your home or real estate as a six part process:
Sequim FSBO selling process:
1.) knowing the local real estate market, 2.) figuring out the FMV and determining a realistic sales price, 3.) developing an effective advertising plan, 4.) negotiating diplomatically but firmly to arrive at a price that pushes your buyer as far as they are willing to go, 5.) drafting good legal contracts with unambiguous language that gets the property sold without legal problems, and 6.) avoiding the many traps for the unwary.
One of the traps for the unwary I learned as a real estate lawyer is thinking we know something better than we do. I picked up many clients who ended up in nightmare scenarios by knowing just enough to be dangerous to themselves. I’m reminded of all the individuals who began to trade their stocks and investment portfolios online themselves by doing some reading on fundamentals and technical chart reading. Even those individuals who learned a lot lost a lot of money in the 2001 spring market crash. Selling your own home is not the time to experiment or learn by trial and error. You have too much invested and too much at stake. A commission to a Realtor is well worth it, and in many cases is less than the money and time a Sequim FSBO loses by trying to do it themselves. I think the fact that nationally 85% of all FSBOs end up listing with a real estate agent is a good indication it isn’t as simple or as easy as one might think.
Sequim FSBO and Wise Counsel
I recommend reading the article I wrote discussing each of these steps, but I also suggest that you interview Sequim real estate agents, or Port Angeles real estate agents, and find one that really knows the business and can talk to you with wisdom and help you make fully informed decisions, whatever you decide to do.
I’ve written about each step of this process, and you can download my free eBook on the Sequim FSBO process.
Are you a Sequim FSBO?
Last Updated on September 20, 2019 by Chuck Marunde
