Friday, June 13, 2014

Home Seller Tips: What if I don't want a long term commitment?

Why does one consider selling their home as a for sale by owner (FSBO)?  There are lots of reasons and risks.  Considering selling as a FSBO?  Read more here: Go it alone or hire a real estate agent?

One of the reasons I believe some go the FSBO route is they do not want a listing contract that locks them into a long term arrangement.  Many home sellers who do list their home with an agent share the same concern.

I suggest prospective home sellers include this question in their list of questions to ask when interviewing a real estate agent to sell their Brevard County, Florida home - "What if I don't want a long term commitment?" 

The ability to have a short term listing commitment makes some less apprehensive.  While there are a lot of factors involved when marketing a home and getting the buyer, a short term listing agreement is possible.

There are some real estate agents who will not deviate from the long term, inflexible listing agreement.   These may be the same ones who tell sellers that the "standard" commission is set.  (There is no standard fee for the Brevard County, Florida market or anywhere else.)

I have always believed the listing agreement can be figuratively torn up. This goes for either side of the transaction (seller or real estate agent).   No matter the reason if the relationship is not working (or the seller changes their mind) sellers should be able to cancel the listing without penalty. 

Ready to sell your Melbourne, Viera or Rockledge, Florida home?  Call me to discuss how I can work for you without a long term lock in.  I can be reached at 321-693-3850 or by email.

Image courtesy of nongpimmy /