Why you Should Not For Sale By Owner....

Check out this great Article from KCM Crew!!!!

Top 5 Reasons You Should Not For Sale By Owner

by The KCM Crew on December 26, 2016 in For Sellers, FSBOs

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In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers.

Here are the top five reasons:

1. Exposure to Prospective Buyers

Recent studies have shown that 94% of buyers search online for a home. That is in comparison to only 17% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. Do you?

2. Results Come from the Internet

Where did buyers find the home they actually purchased?

• 51% on the internet
• 34% from a Real Estate Agent
• 9% from a yard sign
• 1% from newspapers

The days of selling your house by just putting up a sign and putting it in the paper are long gone. Having a strong internet strategy is crucial.

3. There Are Too Many People to Negotiate With

Here is a list of some of the people with whom you must be prepared to negotiate if you decide to For Sale By Owner:

• The buyer who wants the best deal possible
• The buyer’s agent who solely represents the best interest of the buyer
• The buyer’s attorney (in some parts of the country)
• The home inspection companies, which work for the buyer and will almost always find some problems with the house
• The appraiser if there is a question of value

4. FSBOing Has Become More And More Difficult

The paperwork involved in selling and buying a home has increased dramatically as industry disclosures and regulations have become mandatory. This is one of the reasons that the percentage of people FSBOing has dropped from 19% to 8% over the last 20+ years.

The 8% share represents the lowest recorded figure since NAR began collecting data in 1981.

5. You Net More Money When Using an Agent

Many homeowners believe that they will save the real estate commission by selling on their own. Realize that the main reason buyers look at FSBOs is because they also believe they can save the real estate agent’s commission. The seller and buyer can’t both save the commission.

Studies have shown that the typical house sold by the homeowner sells for $185,000, while the typical house sold by an agent sells for $245,000. This doesn’t mean that an agent can get $60,000 more for your home, as studies have shown that people are more likely to FSBO in markets with lower price points. However, it does show that selling on your own might not make sense.

Bottom Line

Before you decide to take on the challenges of selling your house on your own, sit with a real estate professional in your marketplace and see what they have to offer.

GOAL SETTING

Are you ready for 2017......... Here are a few tips on setting goal for the new year...

http://www.success.com/article/rohn-4-tips-for-setting-powerful-goals

A beautifully Written note from our Awesome Broker / Owner, Karen Smith

As I write my love notes I tend to spend much of my pen to paper time talking about gratitude and affirmations and the power they have in our lives.  I do that because of all the things in my life I know to be true this is the trueest of true.  There is so much power in the intent of affirmation and equally true is the power of complaint.  So question is what do you want?

I know that the world would have you believe that you just need to vent get it off your chest and complain about all the things that do not go your way.  I just DO NOT believe that is true.  There is a place for sharing your heart and your frustrations with a friend but it does not have to be the anthem of your life.   And the bigger truth is that most of the things that we are complaining about our not even big things.  Most of our complaints about our life are about things that are merely situations and not a crisis.  They are things that when looked at with a brighter focus and belief in the good…. They work themselves out whether we fret or not.  

There was a conversation in my family one day about waking up happy and the fact that I do indeed wake up happy, ready to explore, ready for the day and all the excitement and yes even challenges that it holds. I was pondering why that is and I came up with the conclusion, the very simple but strong conclusion is  that I wake up that way because I go to sleep that way.

I have chosen not to use fretting, venting and complaining as a strategy for life.  I have chosen to know that when things do not go my way it is for a bigger and more divine purpose. Life is not all about me, it is about all of us, it is about the love that we show each of God’s kids. If I am lonely then I find someone else to visit that may be lonely too, if I am hungry then I share a meal with another.  If I start to judge what someone is doing or going through I remember that is their journey for God to get them where they need to be. Each part of our life is preparing us for the next part and it is all necessary the good and the bad.

I choose to bookmark my day with all the sweet faces that smiled at me, all the meals I was able to enjoy, the breaths that I was able to take, the challenges I was able to solve, the feel of the sheets against my skin, the knowledge that I am safe and free and I live in a great community, a great country with a sweet family. I thank God that he gave me another day to be of service and to love others.  I smile right there by  myself and think on all that is good and true and I exhale and give the lives of my family that are struggling to a power greater than me.  

There is so much I want to do while I am here on this planet and one of my life’s mission is to share that we really can be happy and peaceful even when all is not well. We can choose to look upwards and sigh and believe that whatever comes our way we can make the best of it.  When I was young and my life was filled with constant struggle I always believed that, “ I do not have control over what is outside of me but I do have all control of what is inside of me”  I am so thankful that I kept moving forward and believing that life would be better and better and because of that belief and that the belief and support of so many wonderful people that has been my story.  Thanks for being in my story!!!!

​karen​

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Karen K. Smith ~ Broker

  Beachy Beach Real Estate 

The Buzz of the Day!

Scott and Jennifer Bowman have moved to Beachy Beach Real Estate. 

We are still providing that same great customer service and attention to our customers

in a different office. We will be located next to the Red Elephant in Gilbert Plaza on Hwy 77

Come check out our new office at the first of the year and let us know what you think!