Even if a simple sign in your yard did produce a buyer knocking on your door, how will you handle the following questions:
"How does your home compare to others like it in the neighborhood,Chicago Northwest Suburbs, Mt. Prospect and Arlington Heights?"
"How did you determine the fair market value of this property?"
"What about financing? Can you help?"
"If I make an offer, who will draw up the paperwork?"
"Why aren't you using a Realtor? Is there something wrong with the property?Where are the property disclosures?"
"Since you aren't using a Realtor, we can take their fee right off the top, right?"
Selling your home is one of the most important financial transactions you will make in your life. Don't take risks. Selling your home is nothing like selling a car. Every home is different, and every homebuyer wants to offer you as little as possible. How do you determine the real market value?
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 something for nothing. Not to mention preparing your home for sale, marketing it locally in Chicago Northwest Suburbs, Mt. Prospect and Arlington Heights and 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.
Remember: Buyers want to offer you as close to nothing as possible! While that "For Sale By Owner" sign might sound like a good idea, because you are saving the commission from sales people and brokers, but in the end per NAR, you are probably going to net more with a Realtor sale.
A word of caution: Discount brokers are invading our market place and on face value, it looks like a good deal. For xxx they will put your house in the MLS service. But what exactly does that mean? Your home will be in the directory of homes to sell, but it's marketing (which they don't offer) that points the way to your house to be noticed by Realtors and their customers. The only way this kind of service works is if the price of the home is a "deal" to the buyer.
If you must sell your own home, at least let me give you a sense of its true market value. Tell me a bit about your home, and I'll do a quick Comparative Market Analysis and let you know what I feel it is worth. I'll also describe, as an experienced, top Chicago Northwest Suburbs, Mt. Prospect and Arlington Heights Realtor, how I would market your property. This is free, with no strings attached. Simply fill out the form and I will quickly get back to you...