What is FSBO - Sell Spanish Property using FSBO - SpainDirect4U

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What is FSBO ...? FSBO stands for “For Sale By Owner”		FSBO stands for “For Sale By Owner” and usually refers to real estate for sale. In the past sellers, have generally employed the services of a real estate agent. FSBO is where the property sale is handled by the seller and does not involve a real estate agent.

FSBO offers benefits to both buyers and sellers. Among the greatest rewards in a FSBO transaction are the financial savings to buyers and the greater control to the sellers process but continue reading for more great benefits! Less stress One of the many advantages of selling your property FSBO is that you are in control of potential buyers visiting, you set the time schedule. You don’t have to leave the house now every time your agent wants to visit. In effect you are the agent. In addition you no longer have to have the home looking in showhouse condition all the time. When a buyer makes an offer you are there to consider the offer and an agreement can usually be made much more quickly and easily than when an agent is involved in the negotiations. You’re the ideal agent No one knows your home better than you do, and you are in the best position to sell your property because you know it better than anyone else. You know which features to emphasise, you can inform viewers of improvements to your property and how these were undertaken and completed, and you also know what points need to be downplayed much more than any agent who is not familiar with your property. Don’t think that you have to be a “super sales person” to sell your property. Usually a well maintained and well priced property sells itself. Your job is to purely show people around and provide them with any additional information they may require. You're in charge Selling FSBO means that you're in the “driving seat.” There is no agent intervention. You make all the major decisions, the ideal time for putting your property on the market and, if required, taking it off prior to its sale. You are in control of your advertising budget and where and how long to advertise your property. And scheduling viewings these are all things that you as the owner manage. You deal with potential buyers yourself & schedule viewings. You don’t feel frustrated when you feel your agent is not doing their best and you are under no contractual time restraints as normally with an agent. Commission Why make your buyers pay the agents commission? Typically rates are 10% of the purchase price. This does vary from agent to agent though and in some cases can be double, yes that’s right, that’s the price the agent will add to the value of your property to cover their commission. Can an agent really justify this amount of money to show people round your home? We don’t think so and that’s why we believe FSBO is the way forward.

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