There are several options or alternatives you should consider looking at before signing a listing agreement with a Detroit Realtor. A lot can happen between the time you make the decision to sell your home and the time you get to the closing table at the title company. To clearly layout the path for the sale of your home, you should explore your selling options before signing a listing agreement in Detroit for the best possible outcome.
For Sale By Owner (FSBO)
A lot of sellers opt for an attempt at a for sale by owner method of home sales, hoping to save money on real estate commissions before eventually signing a listing agreement with a Detroit Realtor. You should enter into this venture with awareness to the realities of what can go wrong with a FSBO listing. Unfortunately, only about 11 percent of these owners are successful in their efforts, which equates to a lot of time and money lost and some costly lessons learned. Detroit home buyers are searching today’s top websites for homes and if your property isn’t there, you’re missing out on a large buyer pool. One of the top issues for sellers on these sites is the low-quality digital images used in their marketing, and the tech-savvy buyers of today typically scroll by if the photos aren’t high quality. Another sticking point is setting a realistic listing price. If you start out too high or too low and the outcome is the same, you will attract very little interest in the property. Finally, negotiating the sale can also become an emotionally charged event that could unravel the deal, so it’s essential to keep this in mind and remain calm. Remember, this is business to your buyers and not personal.
Licensed Real Estate Agent
Freshening up the appearance of your home and making preparations for the inevitable showings and photos for marketing can be time consuming and expensive. Keep in mind, real estate agents must meet the highest standards for your listing to stand out among the competition. While speediness is not the strong suit of a real estate agent, time is an essential factor to consider before signing a listing agreement in Detroit. A real estate agent can tell you the average number of days homes are currently sitting on the market, so you can decide if you can afford any possible delays, including those that follow your acceptance of an offer. However, the payoff for your patience is earning the highest potential market value for your home, and with the current seller’s market, you may find yourself coming out on the top of a bidding war.
Professional Investor
Perhaps the thought of strangers walking through your home or scanning the images of your house online leaves you with a less than comforting feeling. When you’re working with a professional real estate investor, you can forget about all of the hassles of keeping everything spotless and your family ready to pack up and go. If you’re in a hurry for the sale proceeds, before signing a listing agreement with a Detroit Realtor, you should know that a professional investor can close on most properties as soon as the title work is done. You won’t need to worry about passing the inspection or any delays caused by issues they find or your buyers backing out. Your closing date is guaranteed when you work with a professional real estate investor who will make you a cash offer for your home “as-is.”
Consider calling Detroit Fair Offer before signing a listing agreement with a Detroit Realtor today at (313)647-8806.