Agent? Sell on your own? Sell to an investor? These are the big questions that every seller asks themselves first. In this blog post, we’ll share our thoughts on the question, Should you list with an agent, sell FSBO, or sell to an investor?
Thinking about selling your condo? You might be exploring your options and wondering if you should list with an agent, sell FSBO, or sell to an investor? The good news is, you can get a great answer right here and be on the path to selling your condo very quickly.
Should You List With An Agent?
Selling to an agent gives you a few advantages:
First, it’s very hands-off so you can go about your regular life and just sign papers or talk to your agent while they do all the legwork.
Second, you can save money and time versus selling FSBO (see the next point) because you won’t have to market your property or pay for marketing materials.
Third, an agent often is well-connected to potential buyers (or has access to a list) so they can quickly find people to buy for you quickly.
Fourth, an experienced agent has many tricks up his sleeve to help you sell – from special signs to open houses, etc.
Fifth, you don’t have to negotiate with any potential buyers.
Sixth, you don’t have to be an expert at the contracts and agreements involved in the selling process. Your real estate agent is the expert and they’ll walk you through what you need to know.
Seventh, you don’t have to be an expert in the legal aspect of selling a condo, financing, etc., which can be quite complicated. The agent will either take care of that for you or guide you appropriately.
Eighth, you don’t have to worry about knowing the right steps to take or when to take them. The agent already knows what you need to do and they’ll just tell you when you need to do it!
FSBO means “For Sale By Owner” and it means that you sell on the same market an agent would sell on, but you represent yourself.
The biggest advantages to selling this way is that you can name your own price, decide who to sell to, negotiate on your own behalf (if you like to do that), and not have to pay the real estate agent’s commission at the end.
Sell To An Investor?
For those who want to sell fast and not pay any fees, or who may have a condo in “as-is” condition that they don’t want to pay to fix and clean first, you might want to sell to an investor or professional condo buyer (which is what we do here at Fast Condo Buyers.)
Thinking about selling your condo? It’s smart to be exploring your options and wondering, Should you list with an agent, sell FSBO, or sell to an investor? The good news is, you can get a great answer right here and be on the path to selling your condo very quickly.