Is FSBO Safe?
Originally published at Real Estate Blog at Fizber.com. You can comment here or there.
There is always a belief that the FSBO process is not so safe as compared to the job done by the real estate agent. However if you will take some sensible precaution then there is no reason why you will not find the FSBO to be safe enough as compared to that done by the real estate agents. I must say that you will definitely find it to be really safer that done by the real estate agent. I would definitely like to ask few questions to you. Can you say that what real estate agents do cannot be done by the others?
This is definitely not true. You will definitely find out that you can do everything which a real estate agent does. However you cannot really say that you will be better than the real estate agents who are professionals. I must really say that you will definitely find real estate agent to be better since they are professional. However you should really note that the buyers who are selected by the real estate agents can be safe as well as unsafe. The real estate agent never checks that the person who is selected as a buyer is free from any criminal records or not. He just checks his name phone number and address. Hence you can never say that the buyers selected by the real estate agent are hundred percent safe. As far as the FSBO is concerned, you can really check the credibility of the buyer through advert contact details. With a little bit of research you can find the complete history of the buyer. Hence you can be hundred percent sure that they are safe. The other questio!
n which really comes in mind is the fact that is it safe enough to show the house to the buyers. You can on many instance end up showing the house to the criminals and hence can only think of burglary within few days. Hence you really need to take some precaution. You should really avoid giving complete description in the advertisement. A potential buyer will just need your first name and the contact detail. This is more than enough for him to contact you. I must say that you should really avoid the open house inspection. You should really avoid giving much information about the security to the buyers. This can really go against you. Hence you should really not allow the buyers to roam in your property unsupervised. One thing is required that there should be at least two members of your family available in the house during inspection. It is really necessary due to some security factor. You should also never be ready to show the house in dark. I must say that if you keep all!
these things in mind then I find no reason why the FSBO deal !
will not be safe.