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Real Estate Tips

For Sale By Owner >The FSBO Myth

Real estate transactions can be tricky. The widespread myth that selling real estate is easy has lured many home sellers into making expensive mistakes by trying (and failing) to sell their own home.

Many people assume that all you need is a sales contract, a classified ad and a "For Sale" sign. But even the most basic step -- setting the correct sale price -- depends on a number of factors. The location, size and condition of your home, the relationship between the local supply of homes and the number of qualified buyers, and the recent selling prices of comparable homes in your neighborhood all affect the market value of your property. Homeowners who sell without a professional realtor often misread the local market and overprice the home.

Sellers might also mishandle contingencies, home inspections, title clearance, deadlines and disclosures. The advice and guidance of an experienced real estate agent is essential to ensure that you avoid the risk of expensive litigation and ensure a successful home sale.

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Real Estate Trivia

Q 
What house is thought to be the first one designed by Frank Lloyd Wright?

A 
Charnley House in Chicago, Illinois, is considered to be the first home designed by Wright while at Adler & Sullivan.
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Sue Long, Principle Broker, REALTOR®, real estate agent and broker for Corvallis, Newport and Albany, Oregon home listings, property and land for sale - NUMBER1EXPERT

Sue Long, Principal Broker
Keller Williams® Realty Mid-Willamette

An Independent Member Broker
A Corvallis Oregon Branch
Office: 541.766.0262
Cell: 541-740-7722
Fax: 541.610.1667
Email:: thesuelongteam@kw.com


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