A few weeks ago we shared the six steps in buying a home, so we thought it only seemed right to do the same this week, but for those of you out there looking to sell your home in Central Florida.

As with buying (or selling) a home, a question that inevitably comes up is, “how long does it take?” While we can't give you a definite answer on how long it will take to sell your home, because each transaction is different, we can educate you on the steps involved in selling a home. This may give you a better understanding of what's to come once you decide to list your home.

Finding out how much your home is worth is probably a question that every homeowner thinks about at some point or another. “How much?” is a fairly simple question. My experience from law school is that there are not always such simple answers. I used to hate to hear “it depends”. Unfortunately, I’m going to have to apply what I've heard in the past to this article. What your home may be worth will depend.  

An internet search might be a good way to start the process but be sure that your research doesn’t end there.   

When it comes time to sell your home, you may think that you can do it yourself. Many homeowners see For Sale By Owner (FSBO) as a money saver when considering it versus using a local Realtor®. We are here to tell you that that is probably not the case. Heck! Even Austin Powers isn't a proponent of this home selling technique.

One of our biggest priorities is always to make the most money for our customers, and these tips below might help dispel the myth of how For Sale By Owner is more profitable than using a REALTOR®. 

Losing money when you really thought you’d be saving money.

There are quite a few reasons why you could possibly lose out on a ton of money when it comes to trying FSBO over using a REALTOR®. First, a REALTOR® has access to market data that will give you insight on other homes in the area (including those homes that recently sold). This data will help your REALTOR® price your home accordingly and a home that is priced right will sell more quickly than one that is not. Homeowners that went the FSBO route in 2013 on average sold their home for $184,000 compared to $230,000 for an agent sold home according to the National Association of REALTORS®*. That’s not just a few thousand dollars, that is over $45,000 you could be missing out on.