For Sale By Owner (FSBO) is a way of selling your home without the use of a professional real estate agent or broker. The idea behind FSBO is that by selling your home yourself, you save the approximate 6% that would be the agents’ commission. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that 6% may not sound like a lot, but it can add up, especially on more expensive homes. But selling FSBO is a lot harder. Only about 10% of sellers that decide to do FSBO are successful at it. And FSBO sellers often end up accepting a lower price for their home than they would with an agent. You need to have the time and capital to spend on the marketing, advertising, inspections, paperwork, phone calls, showings and problems that come up when any home is sold. An agent can get your home listed on the Multiple Listing Service (MLS) and other popular websites where not only homebuyers but also other agents can easily find it. Professional real estate agents also have an extensive network that allows them to more easily find a buyer. Check out below to see what sold in Briarwood in September 2017:
47283 Robin Court, Novi: 4 bedrooms, 2.2 bathrooms, 2,482 sq. feet, 2 car garage, Sold Price: $416,000
Briarwood Home Sold
September 2017
So before you decide to sell your home yourself, consider just how much time and effort you can spare for selling your home, as well as how important it is that your home sell sooner rather than later. For more information on Briarwood, or similar Northville or Novi neighborhoods such as North Hills, Lakes of Northville and Northville Colony Estates, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.