Financial Assistance for Low Income Families
In the time it takes a first-time FSBO to sell a home, he or she has to learn what many real estate agents get to know only after assisting dozens of buyers and sellers for many years.
That includes experience gained from too many deals that don’t gel, lessons learned in long hours at seminars, workshops, continuing education courses, conventions and wisdom gleaned from picking up after errant FSBOs who couldn’t hack it.Visit to Apply Today http://available-grant-money.blogspot.com
Not to mention housing markets that go boom — the wrong way.
Today’s tight money market of falling prices, foreclosures and deals that don’t gel is a potential minefield of blown opportunities for the uninformed.
The survey also reveals the percentage of homes sold without professional representation has continued to decline since 1997, when a record 18 percent of transactions were FSBO deals.
While the survey shows it’s possible for a few staunch sellers to complete a FSBO deal, bringing in a real estate professional is a better deal in any market, and even more crucial when things go south.
“Realtors add value to the real estate transaction no matter what market conditions may be,” said Pat V. Combs, NAR president.
“Realtors are experts in attracting qualified buyers, negotiating on their client’s behalf, and ensuring a smooth transaction,” said Combs also vice president of Coldwell Banker-AJS-Schmidt in Grand Rapids, MI.
Nearly half, 40 percent, or four out of 10 FSBO properties were private deals that never made it to the multiple listing service, but “closely held” between parties who knew each other in advance, such as family members or acquaintances. Visit to Apply Today http://available-grant-money.blogspot.com