Friday, December 10, 2010

Myths about Buying Southern New Hampshire Real Estate for Sale by Owner

There are a few misconceptions about buying for sale by owner (FSBO) Southern New Hampshire real estate.

Myth 1: Sellers aren’t Serious


Some 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.

Myth 2: There’s Something Wrong with the Home

Sometimes Southern New Hampshire 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.

Myth 3: Real Estate Agents can't Help

Some 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 taking a closer look at, whether you find it because you drive by it or see it in an advertisement, let your Southern New Hampshire 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.

If you're interested in buying a home, whether or not it's a FSBO, I'd like to help you. Call me today at 603-821-1134 or email me at Dave@DaveHeeter.com.

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