Myths about Buying Orlando Real Estate for Sale by Owner
Myths about Buying Orlando Real Estate for Sale by Owner
There are a few misconceptions about buying Orlando real estate for sale by owner (FSBO). Sellers aren't SeriousSome buyers think that the seller isn't serious about selling the house, that they're just testing the market. While this is true in some cases, most sellers are serious and will accept an offer that is close to the asking price. There's Something Wrong with the HomeSometimes Orlando real estate for sale by owner sits on the market for a while. Generally, it isn't because there's something terribly wrong with the house. It may be because the owner isn't open to negotiations on the sale price. More often, it's because the owner doesn't have the experience marketing and showing homes to potential buyers that a real estate agent does. A typical owner isn't likely to have the time to properly market the house. If there aren't enough buyers looking at the house, it's going to be harder to get a good purchase offer.Real Estate Agents can't HelpSome buyers believe that real estate agents can't help them negotiate the purchase of a FSBO. That's not true. If you find a FSBO you're interested in, whether you find it because you drive by it or see it in an advertisement, let your Orlando real estate agent know. Real estate agents can represent your best interests when purchasing FSBOs, just like they do when purchasing homes listed with a real estate agency.Choosing a professional real estate agent can be a very imposing task. This person is responsible for finding your new home or selling your home, guiding you through the home inspection process and negotiating a good price and terms. These are important tasks that should be taken seriously. That's why finding a skilled real estate agent is key to a successful real estate transaction.