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Cliff Watkins Realtor ®RE/MAX Destiny (847)352-5200
What my home buyer clients can expect.
If you've got a home to sell then see why you should list with me. Listing with anyone else could cost you more than you think.
Cliff Watkins is a member in good standing with the:
REALTOR ® Association of NorthWest Chicagoland
Illinois Association of REALTORs ®
National Association of REALTORs ® |
Going It Alone
There's More to Selling a Home
Than
a "For Sale" Sign in the Front Yard Almost all homes are sold using a Realtor ®. As a top real estate professional, it is my job to help you negotiate with all those buyers who want to pay a FSBO as little as possible. Not to mention preparing your home for sale, marketing it locally, even nationally, and guiding you through the complex paperwork and pitfalls of escrow and closing. Make sure you are really ready to handle all of that before pounding that sign into your front yard. Errors can be extremely costly.
And speaking of costly, for most for sale by owners, if an agent has a buyer for a FSBO home (and most buyers work with an agent, since it's almost always free to the buyer), the FSBO owner typically will pay the agent a selling side commission of 2.5% to 3%, thus saving half the commission. Going FSBO would limit a FSBO home's exposure to far fewer buyers unless the seller offered this compensation to Buyers Agents. And between my low commission and the 2.5% to 3% that the FSBO owner would pay an agent bringing the buyer, and the FSBO company's "up front fees" as much as $5000 or more, other marketing expenses, and a whole lot of the seller's time and effort, the FSBO seller is not really saving much, if at all. And the FSBO seller still would not have the representation that they would normally have working with a professional Realtor ®. And since Realtor ® Sold Homes actually sell for more than FSBO Sold Homes the FSBO owner could actually lose money instead of saving... Is selling your home without the experience and resources of a Realtor ® worth the risk of possibly losing thousands? Some things as important as a home sale should not be left to chance...
There's a Very Good Reason Why FSBO Companies Charge Their Huge Fees "Up Front"!
We don't charge up front fees, never have, never will. And it's been our experience that there is a very specific reason the FSBO companies charge their customers up front. This is because when something fails at the rate that FSBO sales fail, the FSBO companies would hardly ever get paid, unless they got paid up front. Be very cautious of anyone who charges you any up front fees! And here are a few more FSBO Facts for you to consider...
FSBO Facts
Facts That "By Owner" Doesn't Want You To Know! (And Why They Want Your Money Up Front!)
The plain truth is that FSBO’s (when they DO sell) most often take longer to sell and sell at a lower price than a Realtor ® listed home. Further, many deals fall apart. And if the deal falls through, you're right back at square one. If the owner needs to sell the house quickly, time lost by keeping the house out of the true market can have serious financial consequences. Realtor ® listed houses simply move more quickly and sell at a higher price. Look at these facts…
Approximately 90% of FSBO sellers fail to sell their home on their own.
FSBO sellers received 17% less compared to agent-assisted transactions.
Homes sell 80% faster when listed by a Realtor ®.
Because Sellers are faced with a number of challenges, only half of the recent FSBO’s said they would sell their current home without the assistance of a Realtor ®. |
