Birkdale at Lake Norman Sellers, Are you Preventing Your Home From Selling

Is your Birkdale at Lake Norman Home Not Selling?

Your must hire a good agent to sell your home. For sale by owner is less prevalent these days and statistics say that 85% of FSBO's end up listing with an agent anyway. Though credit us these motivated efforts, FSBO's must learn by trial and effort the value of a good real estate professional!

FSBO sales in 1987 (20%) … in 2006 (12%)

40% of all FSBO’s sold their home to someone they knew prior to the sale. Therefore only 7% of all home sales in 2006 were FSBO’s sold on the open market. The other 5% of FSBO’s were simply private sales without a real estate agent involved.

Homes sold with the help of a real estate agent in 2006 sold on average for 32% more than FSBO sales.
This statistic means that even if you ARE successful in selling your home on your own, you won’t necessary save any money. What if you just did all that work and netted the same amount as if you hired a real estate agent and with a lot less risk!

FSBO Methods Used to Market Home:

• Friends/neighbors (53%)
• Yard Sign (51%)
• Newspaper ad (31%)
• Open House (29%)
• Listing on the Internet (22% )

Most Difficult Tasks for FSBO Sellers:

• Preparing/fixing up home for sale (18%)
• Understanding paperwork (16%)
• Getting the right price (11%)
• Attracting potential buyers (9%)
• Having enough time to devote to all aspects of the sale (9%)

Can you tell the difference? Could you tell the difference between a reputable buyer and a scam artist? Did you know that Identity Thieves are now targeting FSBO's to get personal information? Hire an agent to prevent this and other potential hazards of going it alone!

Some Big Decisions:

• The price! This is a big decision and you have a lot to consider. Is this a smart time for me to sell? --in this market.
• How much could I possibly lose on this sale?
• Is my bottom line realistic?

Remember, buyers don't care how much you "think" your home is worth. You have to put yourself in a buyer's position. They're going to do their research by visiting homes that are similar in your neighborhood. They will research what the comparable have sold for in the past few months. Their going to hire an agent that will know trends and be able to spot an overpriced home easily.

Next, BE THE BUYER! When you walk into your home, do you have to weave in and out of the clutter like a gauntlet? Though you might like the way your home looks, not everyone has the same taste as you. You want to clear out as much junk as possible. For paint and carpet, neutral colors also help the buyer to better picture themselves in your home. Wouldn't you want to walk into a sharp looking home? Make it happen!

Lastly, there are many methods for marketing your home, but there are only a handful that are effective. Your real estate agent should help you with this step. For example, the Internet is where people go these days for information. Make sure you agent blogs and is tech savvy to make your listing has a 'viral' effect all over the Internet!



To reiterate, PRICE is the most important decision to be made. You can't base price on what you owe or what your want to make. Buyers dictate price based on the market!

Don't forget the complete list of Huntersville Homes on the right panel of this website!

Contact your Lake Norman Agent at 704 451 7051 and let him assist you with these tasks!

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What would my Home Sell For?