It is not unusual for homeowners to yield to the temptation to try to sell their own home. It seems easy enough--just place an ad in the weekend paper and wait for buyers to show up. Although it may seem simple, real estate sales transactions are extremely complex proceedings.
The first pitfall can come with pricing your property realistically. Homeowners often price their property too high initially, then drastically slash the price when weeks go buy without an offer. Even if a prospective buyer agrees to the initial asking price, there could be complications if the buyers begin to feel that they have agreed to pay too much, or if the lender's appraisal values the property at far less than the agreed-upon price. Some clients hire agents to market their home professionally after weeks or months of trying to sell their own home without success, or after their FSBO transaction fell through.
For more information, contact Bill Cullin today!
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Bill Cullin
Your Real Estate Source at the Delaware Beaches
Call or Text: (302) 841-7147
Toll Free: (800) GO-BEACH, Ext 27117
Email: Bill.Cullin@LNF.com
Websites:
DelawareBeachRE.com
TheHenlopen.com
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ACCREDITATIONS & AWARDS:
- 2020-2021 Top Producing Individual Agent in Delaware for Long & Foster
- Top Producing Realtor at the Long & Foster Rehoboth Beach Sales Office, for 16 Consecutive Years
- Top Selling Realtor at The Henlopen Condominiums, Exceeding the Volume of Any Teams in Delaware
- Five Star Professional Award-Winning Sales Agent for 9 consecutive years
- 2020-2021 Member of Long & Foster’s Gold Team Master Club Level, with sales volume over 30 million dollars
- Homesnap Top 5% Award based on data from 2021 for over 1 million Homesnap Pro agents nationwide
- Zillow.com 5 Star Professional for 12 Consecutive years with Best of Zillow designation awarded in 2019
Long & Foster Real Estate, Inc.
37156 Rehoboth Avenue Ext, Suite 5
Rehoboth Beach, Delaware 19971
Office: 302-227-2541, Ext 27117