Some people are made for FSBO (For Sale By Owner) sales. They can sell their house or KLCC condos as easily as if they’ve spent hours and hours at the Malaysian real estate school. They are so good at selling their own house that they might as well consider a career out of it. Some people, however, just don’t have the knack for it. They either don’t have enough patience to wait and wait endlessly for a call after posting their ad on the listings, or they don’t have enough social skills to handle all the client meets, open houses and home showing. That, or they simply don’t have the time.
You may want to see this interesting article.
See, tons of things about Malaysian real estate can be learned, even within a very limited time. You can learn how to post a listing, you can learn how to take a photo of your house to make it look bigger, you can even learn how to work on the escrows and contracts and offers. Sure you might learn through mostly copying what real estate agents do but you learn nonetheless. But there are things that you cannot learn and you cannot fake – for example time.
Signs You NEED One
If you can’t decide whether you should go FSBO or not, here’s a little something for you. Here are 5 signs that you actually need a real estate agent to sell your home and that FSBO should not be for you:
- You don’t have the patience to wait for late clients or clients who come in a rowdy bunch. As your very own real estate agent, you are forced to consider every single thing potential clients say and do and do it with a smile plastered on your face. They could give you a very late notice, cancel on the last minute, or step on your beloved carpet with dirty shoes and you have to put up with that simply because they could be ‘the one’. If you can’t handle that, you might need to call your local broker.
- You are too emotionally attached to your house that you cannot take a single bad comment about it. This is the time when you should be most objective about your house; to see it as someone else’s property and not what once was your family home. See, buyers will always be nosy and critical about the house; after all, they’re only looking after the best deal out there for them so they’re only trying to make the most of their money’s worth. If you can’t detach yourself with the house and cannot put up with every negative remark, you need an agent.
- If you don’t like meeting one stranger after another. Some people are just very conservative about the circle of people they mingle with and are not very good at socializing. If you are this type of person, and meeting a new person is not something you fancy but instead dread, selling your own house might not be a good idea.
- If you have a tendency to beg. Begging and pleading and giving in to every demand of your potential buyer may not only be harmful for your social image but also cause irreparable damage to your home sale. Buyers are only looking for the best deal and if you present yourself as someone who yields easily, who’s so desperate to make a home sale, and agrees to the first sign of bargaining his buyer presents, you had better spend some cash on your agent lest you risk selling your home for less than its value.
- If you don’t have the time for it. If you’re a mom of three running a household while having a weekend business, while volunteering at the your Sunday School and being an on-call fire responder, this type of thing might not be good for you. Selling your home requires you to have undivided attention, on-call availability and tons and tons of time to do all your homework especially when the paperwork is involved.
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