Why Should a Homeowner sell their property without a Realtor?
A Broward For Sale By Owner Attorney is your Answer. First of all, selling your home can be stressful. Accordingly, it is important to have a strong advocate on your behalf. Secondly, the goal for every Seller is to maximize their profit. The best way to increase the amount you make from the sale is without a Realtor. This is known as “For Sale By Owner” or FSBO. A Broward For Sale By Owner Attorney will guide you from the signing of the contract to the sale of your Home. Therefore, contact our Broward for Sale By Owner attorney Team at (954) 990-7552.
What are the Benefits of For Sale By Owner
1. More Cost Effective for a Seller
Many Homeowners believe they need a Realtor to sell their property. On the contrary, Florida does not require a Seller to use a Realtor. Unfortunately for Sellers, Realtors are more interested in maximizing their commissions. They do not want to assist the Homeowner throughout the Process. A Seller may receive an offer of $300,000.00 for their home. If they use a Realtor, they will receive 3 percent of the $300,000.00. Furthermore, the Buyer’s Realtor is also receiving 3 percent. As the Seller pays commissions, they will have to pay $18,000.00. Without a Realtor, they will save $9,000.00. Therefore, you stand more to gain without a Realtor.
2. Attorney-Owned Title Company Can Facilitate the Transaction.
An Attorney Owned Title Company most effectively handles FSBO. As a result, a Real Estate Attorney will represent the Seller when they sell their home as well as handle the Closing. In addition, they will communicate with the Buyer’s Realtor to ensure that the other side is complying. Therefore, the Attorney Owned Title Company will not only guide you through the For Sale By Owner Process, but they will also be with you at the closing table when you sign the Final Closing Documents.
The “For Sale by Owner” process gives the Seller more control over the sale of their home. Above all, the sale of one’s home should be about them. Contact our Office at (954) 990-7552 if you are selling your home without a Realtor or are interested in learning about the process.
.
[…] oversee the process. The advantage of hiring a Real Estate Attorney in Broward County during a For Sale by Owner (FSBO) transaction is that the Real Estate Attorney will be able to review all the terms of the contract for the […]
This is a great blog.