Selling Long Island NY Real Estate – FSBO Dangers

Many XXX homeowners think they know their homes better than anyone, and it's probably true. But that doesn't mean they're the best person for the job when it comes to selling XXX real estate, especially their own property.

Selling Long Island NY real estate as for sale by owner can be risky.

Some sellers are tempted to try a For Sale by Owner (FSBO) transaction because the XXX community is in the midst of a sellers' market and they think they can sell easily without help. Others try the FSBO route because they want to maximize their profits and avoid paying a commission to a real estate broker.

Statistics show that selling XXX real estate with the assistance of a professional real estate broker or agent will usually garner a higher profit, enough to cover the commission as well as put more money in your pocket while minimizing your legal risks.

Selling XXX Real Estate FSBO is Risky

Most XXX real estate buyers today work with a buyer agent to represent their best interests. If you choose to sell your XXX real estate on your own, you'll be negotiating with a professional and relying on your own skill to finalize a contract. Not only could you end up selling your XXX real estate for less money, you could leave yourself open to potential legal problems unless you have the contract checked by an experienced real estate attorney.

Buyers also typically prefer to look at a home without the seller present so they can feel more comfortable exploring the rooms and visualizing themselves in the property. At an FSBO sale, you, as the seller, must be present.

Selling your XXX real estate as a FSBO can be successful, but 90 percent of homeowners prefer to work with a professional rather than risk an unsatisfactory home selling experience.

For more helpful tips and articles on selling XXX real estate, check out our other articles on XXX Home Selling Tips under XXX Real Estate Categories to your right.