Are You Smarter Than A 5th Grader?

On Thursday nights there's a new show called Are You Smarter Than A 5th Grader? It really is quite amazing how much the adult contestants have forgotten since grade school.

Which brings me to the subject of this post. Many homeowners try to sell their homes on their own. Possibly because the homeowner has been through the process at least once, they feel they have the knowledge to get the job done.

Just like giving the wrong answer in the game show is a loss in winning monies, so often the For Sale By Owner loses "net sales" monies doing it by themselves. After the fact, many a For Sale By Owner learns they lost money because of poor marketing or wrong decisions.

Selling a home requires an in-depth and detailed understanding of the real estate market, finding the best qualified motivated buyers, and many other steps that bring about a successful sale.

Did you know that about 20% of the homes for sale last year were by the owner? The other factor is that only 13% ever end up in a sale. . In addition, over half of those who did sell their home by themselves said they were not sure it was worth the money they thought they would save and would definitely use an agent the next time around.

Often times the serious buyers that will shop a For Sale By Owner are doing it to save money themselves. For Sale By Owners become a target for unqualified buyers and low-ball offers. Even when a homeowner uses a discount broker they are often subject to the low-ball offers for the same reasons. The buyer feels they should save money because the seller is saving money.

While the show Are You Smarter Than A 5th Grader provides entertainment and laughter, selling your home for a fair market value in a reasonable amount of time is no laughing matter

If you are considering selling your home on your own you need to ask yourself if you have the time, energy and resources to get the job done. If not, you may want to do yourself a favor and meet with a Realtor to find out what they can offer in getting your home sold. Please visit my website http://cyndisloop4indyhomes.com for information about the Greater Indianapolis Area. I would be happy to meet with you, provide a Comparative Market Analysis and discuss an Action Plan designed for marketing your home. This will provide the necessary information to make an informed decision based on your home and moving needs.