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Why For Sale By Owner’s Often Fail from Realtor.com

Source:¬† Realtor.com Written by Cathie Ericson, a journalist who writes about real estate, finance, and health. She lives in Portland, OR. Follow @CathieEricson   For-Sale-by-Owner, or FSBO, transactions are commonly seen¬†in seller’s markets or whenever homeowners want to maximize their profits by not having to pay commission. However, statistics show that selling your home with the assistance of a professional real estate agent will garner you a higher profit, enough to cover the commission as well as put more money in your pocket.¬†According to the National Association of Realtor¬ģ’s 2016¬†Profile of Home Buyers and Sellers, the average FSBO sales price was $185,000, while the average price for a home represented by an agent was $245,000. That’s a difference of $60,000! If you choose to sell your home on your own, you’ll be negotiating and relying on your own skill to finalize a contract, leaving yourself open to potential legal problems and a smaller profit when all is said and done. Here are some of the top reasons why FSBO home sales can go very wrong. 1. Marketing your home online isn’t as easy as you think Buyers always start online, and FSBO sellers are unlikely to get the exposure they need on a number of listings websites¬†to reach their audience, says Realtor¬ģ¬†Wendy Hooper¬†with Coast Realty Services in Newport Beach, CA. Sticking a sign in your yard or trying to pull off some DIY social media marketing hardly has the same effect. How an agent can help:¬†Using an agent automatically offers widespread exposure for your listing through the multiple listing service. Your real estate agent will also have the means...

16 Yacht Harbor in Bentwater $249,900

Immaculate patio home in Bentwater on Lake Conroe for $249,900. Spacious two bedroom just steps from the Yacht Club and Marina. Perfect for a weekend getaway or everyday living. Home has upgraded appliances, remote control gas log fireplace, wood floors, granite counter tops, crown moldings, Austin stone facade plus it is wheel chair friendly with extra wide doors. Home has a whole house air purification system and 20KW generator on a larger lot.  Low maintenance POA lawn services are required.  Call 925-785-6598 for showings.    Click here for full...
Real Estate Surprises

Real Estate Surprises

Special thanks to Lee Teed, friend and ReMax broker in Searcy, Arkansas, for sharing this blog with us!   Closing Day Surprises For many buyers, closing day can’t come fast enough. Once the offer is made and accepted, the time between can seem like eternity. For many, closing day goes smoothly. For others, there may be some unexpected surprises that pop up. While closing day problems are not usually anticipated by a buyer, they are not unheard of, and depending on what kind come up, some can be minor while others can impact the entire deal. Here are some of the most common closing day surprises. Walk-Through Surprises For many buyers, a final walk-through is a must before closing as it allows the buyer to ensure the property’s condition hasn’t changed since the last visit and that any agreed-upon repairs have been done per the contract. If moving furniture created a new hole in the wall, agreed-upon fixtures have been removed, or the property is in total disarray, the issues need to be addressed immediately. The buyer’s agent should work with the seller’s agent to resolve any surprises that have come up. Walk-through issues are generally not deal breakers, but they can be a thorn in a buyer’s side. Document Surprises A common surprise at closing is an error in the documents. Errors can include misspelled names, incorrect addresses, and even incorrect loan amounts or missing pages. Some issues can cause an hour or two delay, while others can result in a much longer delay. To avoid any document surprises, a buyer can request to see every document ahead...
Condo Just Listed 15435 Carmel Dr. #39

Condo Just Listed 15435 Carmel Dr. #39

One of the best kept secrets of Lake Conroe! Watch the sunset across the lake from your patio in this newly listed condo inside Corinthian Point for $185,000.¬†¬† Located on the East side of Lake Conroe, with stunning views.¬† This ground floor waterfront condo overlooking marina is a RARE find. Two bedroom, two baths unit with wood burning fireplace and moderate upgrades. Two car garage converted to game room, but can also easily be converted back. Price includes refrigerator and stack washer/dryer. A wonderful place to get away from it all on weekends or everyday.¬†¬† Call John or Michelle today to schedule a showing before it’s gone.¬† View Full Details Here¬† 832-980-8007 or 925-785-6598¬† Contact Us...

Golf Course Home Price Drop

This beautiful Bentwater home, located at 57 West Shore Dr. in Montgomery Texas has taken another price drop down to $395,000.¬† This is BELOW market value and we can’t wait to see who snatches this home!¬†¬† It has three spacious bedrooms, two full baths, and one half bath.¬†¬† The kitchen is a dream for anyone who enjoys entertaining and having guest around the bar area.¬† From the kitchen there is an open view of the living room and dining area.¬†¬†¬† Notice the beautiful view of the golf course from the dining room and kitchen area.¬†¬†¬† The enclosed patio is perfect for drinking coffee at sunset or entertaining friends with wine. Bentwater subdivision is one of the most recognizable communities on Lake Conroe.¬†¬† They offer memberships with many amenities such as golf, tennis, social, dining, and more.¬†¬† This home is located just a few hundred feet away from the gorgeous banks of Lake Conroe.¬† You will not be disappointed by the sunsets at this lovely golf course home.¬†¬† The total square footage of this home is 2,985.¬† The lot size is 10,004 square feet and it is located in Section 45.¬†¬† This one level home was built in 2000 and has been meticulously maintained. For more information on 57 West Shore, or to schedule an appointment, call John or Michelle today.¬† 832-980-8007 or 925-785-6598 or Contact Us Here.¬†¬† Full Details For 57 West Shore...