The Circle of Life of a For Sale By Owner
Anyone remember the Frasier episode with
Doctor’s Frasier and Niles Crane’s circle of life, a-ha moment? Frasier and Niles, the highly-educated,
notable psychiatrists, questioned the expense of hiring a professional plumber
to unclog the plumbing and decided they were perfectly capable to perform the
task themselves. As you may remember one
thing led to another and as water was spraying out everywhere they reached
their A-ha moment!
They called it the Circle of Life. In justifying their decision to finally hire
the professional plumber they knew in the future the plumber will eventually
send his offspring to the Crane psychiatrists to help his children deal with
the fact that their father was a plumber.
One of my team members recently gave
support to friends living out of state that shared their experience along the
way from preparing their home for sale to attempting to sell it themselves then
ultimately ended up hiring a REALTOR after becoming overwhelmed with the amount
of time involved to market, network and show their home to potential buyers.
As weeks went by of showings without any
offers, the owner’s realized they could not put in the time to be available for
calls, foot traffic, inquiries and showings, and they were learning from
visitors that some important features of their home just weren’t up to par and needed
updating. By not consulting with a REALTOR, the owner’s
list their home $100,000 higher than the market in their area, and spent months
preparing the property but may have been able to save themselves time and money
in the end. Had they consulted a REALTOR earlier they
would have listed with a more realistic value of their property and possibly
received offers much sooner.
Their home is now listed with a
knowledgeable REALTOR in their area for a realistic market value price and has
more exposure to potential buyers than the average individual can do on their
own. They learned a valuable lesson in
the circle of life and can now get back to their jobs and obligations.
For home owner’s out there seriously
considering trying to sell their own homes, are you ready for random drive by
inquiries knocking on your door without notice morning, noon and night, taking
calls to answer questions and scheduling tours, managing websites and flyers, placing
signs daily throughout the neighborhood, and being available at all hours to
make sure you don’t miss any potential buyers?
Are you prepared to address negative comments about the price and every
little thing that needs updating or isn’t to the potential buyer’s liking? Are you ready to process paperwork, negotiate
prices and terms, schedule inspections and protect yourself with warranties,
and ensuring documents get appropriately signed?
The Circle of Life may save time and
money for those willing to follow its lessons.
Trust a REALTOR to do their job so that you can get back to yours!
Luther Kraxberger, REALTOR
Keller Williams Check Realty
Selling a Home in Prescott Arizona? Get a Custom Evaluation
of YOUR HOME’s Value at www.luther.kwrealty.com, inquire by email at luther@kw.com, or call 928-275-1657 to schedule a free consultation.
Search homes for sale in Prescott Arizona, or all of the Prescott area MLS at www.ShopPrescottHomes.com, and call us at 928-275-1657 for information on
Buyer Representation Services.
