Many Gulf Shores homeowners think they know their homes better than anyone, and it's probably true. But that doesn't mean they're the best person for the job when it comes to selling Gulf Shores real estate, especially their own property.
Some sellers are tempted to try a For Sale by Owner (FSBO) transaction because the Gulf Shores community is in the midst of a sellers' market and they think they can sell easily without help. Others try the FSBO route because they want to maximize their profits and avoid paying a commission to a real estate broker.
Statistics show that selling Gulf Shores real estate with the assistance of a professional real estate broker or agent will usually garner a higher profit, enough to cover the commission as well as put more money in your pocket while minimizing your legal risks.
Selling Gulf Shores Real Estate FSBO is Risky
Most Gulf Shores real estate buyers today work with a buyer agent to represent their best interests. If you choose to sell your Gulf Shores real estate on your own, you'll be negotiating with a professional and relying on your own skill to finalize a contract. Not only could you end up selling your Gulf Shores real estate for less money, you could leave yourself open to potential legal problems unless you have the contract checked by an experienced real estate attorney.
Buyers also typically prefer to look at a home without the seller present so they can feel more comfortable exploring the rooms and visualizing themselves in the property. At an FSBO sale, you, as the seller, must be present.
Selling your Gulf Shores real estate as a FSBO can be successful, but 90 percent of homeowners prefer to work with a professional rather than risk an unsatisfactory home selling experience.
For more helpful tips and articles on selling Gulf Shores real estate, check out our other articles on Gulf Shores Home Selling Tips under Gulf Shores Real Estate Categories to your right.