Scottsdale Homes and Real Estate

Scottsdale Arizona Properties

If you've made the decision to sell your home, your next decision will most likely be whether or not to hire a real estate agent, and this choice should not be taken lightly. If you're considering listing your home for sale by owner (also called FSBO), please be aware of the additional responsibilities you'll take on as a result of your choice.

The main reason most people would consider selling their home FSBO is to save money on the commission that would have been paid to the realtor. The real estate agent's commission is typically six percent of the purchase price of the home. While a six percent savings may seem prudent at first glance, the buyer should consider whether the savings outweighs his expense in time, knowledge and money.

What Is Your Time Worth?

If you are considering listing your home FSBO, compute how much time you will spend preparing for and attending open houses. Additionally, you may be inconvenienced by appointments and showings at odd hours. Non-qualified buyers or buyers who are simply window shopping may waste much of your time. Finally, consider the extent of your general knowledge about home transactions. More than likely, you will find it necessary to hire an attorney to wrap up final details of the contract.

Finally, be sure to count the marketing expense in your calculations, as this is normally assumed by your real estate agent. Once you consider all these factors, you will probably understand why it is so important to hire a licensed, certified real estate professional to assist you with the sale or purchase of your home. If you are buying or selling any Scottsdale, Arizona properties, call Steve Coker for assistance. Steve is an Arizona native and very familiar with the area, and his team will assist you throughout the home sale transaction. Steve can be reached by phone at 602-790-3732 or by email at scoker@remax.net.