For Sale By Owner Seller Tips - How to Work With a Buyer's Agent to get your home sold. When you market your home for sale by owner you're going to get calls...A lot of calls! Mostly from agents. Many of them will want to list your home on the MLS. However, pay attention to the calls from the few who can really help, the buyer's agents! They can be a big help to you as a for sale by owner! Let's explore how and why working with buyer's agents can be an advantage to you selling your home yourself.
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I'm Selling For Sale By Owner. What about the commission for a Buyer's Agent?
I know the intent as a for sale by owner is to save money and put that money you were going to pay in commissions in your pocket and why would a buyer's agent show your home if you do not intend to pay them a commission? Stick with me here! Here are some options:
The BOTTOM LINE....Get buyers in the door, Lot's of buyers! Lots of Qualified Buyers!
The more buyers you have looking at your home the better chance you have to sell it, and to sell it at your asking price. Buyer's agents strictly work with pre-qualified or cash buyers that are motivated to buy. This eliminates that anxious feeling you get in the pit of your stomach when a buyer says I'm making an offer! A good buyer's agent will put together an offer quickly and will have already made sure the buyer is qualified to buy your home. Don't wait around for tire kickers who promise to write an offer after their Aunt Mabel gives a stamp of approval, they shave their dog, and they go on a two week vacation!
Ten showings to an offer! This is the typical ratio. If you have 10 buyers come through day one, your going to get your price and the sale! By working with a Buyer's Agent, you have more showings, which means you get more qualified buyers in the door.
Make a List and Check it Twice!
If you do make a change to the price or the condition of the home, call through the list to notify the agents. The buyer may still be looking, or more likely the agent may have another buyer that might be interested. It never hurts to remind them about your home.
Keller Williams NWRE LLC
PS - I offer a FREE Consultation to For Sale By Owner Sellers. Click Here to schedule your Free Consultation.