For some homeowners selling your home as a For Sale By Owner (FSBO) may be the right choice, but before you decide there is some critical information that you need to know.
Did You Know...
That even though an unlicensed individual selling their own real estate is not licensed by the state as are licensed real estate agents, they are still vulnerable to lawsuits by not taking all precautions to protect themselves. After reviewing dozens of websites that cater to FSBO's I have found that each and every one recommend very strongly that a FSBO's hire a real estate attorney to guide them in each and every step of the process. They would not do this if FSBO's were not highly susceptible to lawsuits regarding the sale of their property.
Real Estate agents are trained on the laws of Oklahoma State Real Estate. They are also covered by error's and ommisions insurance which protects them against a simple error in a contract. They can guide homeowners in proper legal procedure in selling their home.
You wouldn't go into court without hiring a qualified representative. Why would you enter into the legal transaction of selling your home without qualified representation. Protect yourself. Hire a Realtor!
For more information click the links below...
FSBO Seller Beware
FSBO's Earn Less on Home Sale
Common Selling Mistakes
For Sellers
Activities That Require a Real Estate License
Discrimination
Lead Base Paint Disclosure Requirment
Property Disclosure
The Facts About FSBO's
Why Hire a Professional?
Why Use A Realtor? |