Are FSBO's Worth The Time & Effort?

Many people have asked whether or not FSBO's are really worth the time and effort involved in the sale. The simple answer is, Yes! It stands to reason that the FSBO industry is based on some amount of success or else it would never have grown to the size it currently is. And the industry is growing in size every year. Part of the reason for this phenomena is the fact that home sellers are becoming more and more educated on the involved process and as such are demanding a level of service that many real estate agents are not willing to provide, or able to provide due to a high number of clients.

The resolution to this problem has been the education of sellers and the drive to eliminate the middle man. For years people were convinced the the only way to sell a home was to contact their local realtor and then wait for the offers. But what if that agent was not providing enough service to sell the home in a timely manner? Was there any real way to ensure that this was being done? It can be hard to trust someone in such a way when nothing appears to be happening. But you can trust yourself right? So, why not give yourself the tools you need to become your own real estate agent?

The part that cannot be stressed enough is the need to educate yourself on the process before you undertake the selling of your own home. Start investigating the rules and regulations concerning real estate contracts and conveyance. Find out about liens and easements and inspections. In selling your own home there are a lot of hats that you will have to wear. Of course it never hurts to get legal advice and guidance from a lawyer educated in real estate law. There is also an abundance of information available online to help guide your education. The web is a great resource for almost every aspect of the home sale process so take the time to investigate these things to the full extent. Good luck!

Posted by Alfred Harrel on December 13, 2008 at 12:00 AM

About Alfred Harrel
Alfred Harrel is affliated with the vaughan co. realtors, which is located in Los Lunas, NM. For further assistance please use the contact information located on the right.

As of 05/24/12 the Alfred Harrel RePage is ranked at 5,076 with 390 points.

Local Information for Los Lunas, NM

Latitude: 34.809336 -- Longitude: -106.735247

ZIP Codes for Los Lunas, New Mexico	87031
Area Code for Los Lunas, New Mexico	505
Time zone for Los Lunas, New Mexico	MST

Other Area Cities: Los Lunas, NM Albuquerque, NM

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As of the censusGR2 of 2000, there were 10,034 people, 3,601 households, and 2,689 families residing in the village. The population density was 385.5/km² (998.8/mi²). There were 3,845 housing units at an average density of 147.7/km² (382.7/mi²). The racial makeup of the village was 64.14% White, 1.16% African American, 2.62% Native American, 0.50% Asian, 0.06% Pacific Islander, 27.63% from other races, and 3.90% from two or more races. Hispanic or Latino of any race were 58.74% of the population. There were 3,601 households out of which 41.9% had children under the age of 18 living with them, 51.8% were married couples living together, 16.8% had a female householder with no husband present, and 25.3% were non-families. 20.7% of all households were made up of individuals and 5.8% had someone living alone who was 65 years of age or older. The average household size was 2.75 and the average family size was 3.16. -- Source: Wikipedia.com

New Mexico 2000 Census Population Profile Map

	Los Lunas	New Mexico	United States
Population	10,034	1,819,046	281,421,906
Median age	31.8	34.6	35.3
Median age for Male	30.6	33.4	34
Median age for Female	33.1	35.6	36.5
Households	3,601	677,971	105,480,101
Household population	9,920	1,782,739	273,643,273
Average household size	2.75	2.63	2.59
Families	2,691	466,515	71,787,347
Average family size	3.16	3.18	3.14
Housing units	3,845	780,579	115,904,641
Occupied units	3,601	677,971	105,480,101
Vacant units	244	102,608	10,424,540

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Are FSBO's Worth The Time & Effort?

Local Information for Los Lunas, NM

Latitude: 34.809336 -- Longitude: -106.735247

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