For sale by owner

Technically all home for sale are being sold by the owner but in this article here on my blog I am referring to homes that are being sold without the help if a real estate agent.

Buyers need to understand that the sellers of these homes are not always motivated and sometimes they are just kind of trying things out to see if their home will get some inquiries. Sometimes the homes are not really for sale at all and occasionally I call a seller who doesn’t know that his home is for sale.

Sometimes the seller is a delightful individual who has the home priced just right and the flexibility to allow buyers to see the property with their real estate agent. Motivated seller usually won’t ban real estate agents from the property they just don’t want to pay a listing agent but will often pay a buyers agent.

I can tell how serious a home seller is by the questions they ask. They may ask me if the buyer I am working with is pre-approved and ready to buy. They may ask me if I have ever sold a home in the neighborhood or in the building. Some will ask me what I think of the price or for some tips on what should be done to get it ready to sell.

If you are a buyer and are working with a real estate agent they should be able to help you buy homes that are not on the market or that are being sold directly by the owner.

 

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Victorian

 

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