Boise Real Estate

For Sale By Owner Considerations - Part One

Paper Work

Interesting Statistics

Homes sold by a real estate agent sell for 16 % higher on average than those sold by an unrepresented seller, according to the 2005 NAR Profile of Home Buyers and Sellers. Individuals who try to sell their home without the aid of a real estate broker usually sell themselves short. While the commission savings seem like a good way to make a larger profit, it seldom works out that way. Instead of saving they wind up spending more time, hassle and money.

Beware of the Legality of The Paper Work:

Seller’s Disclosures are a crucial part of selling any property; they are required by law to be filled out accurately and honestly and delivery is a mater of “timing is of the essence: clause. Yet, it often behooves the seller to keep some personal circumstances such as the reasons why they are selling and the level of motivation to get moving confidential, so as not to weaken your negotiating abilities. There are a stack of papers that you sign when buying or selling property; some doubt more critical than others; a professional can take you through the paperwork process noting factors that should be brought to your attention and explained.