Sell Your Florida Property Without a Realtor
Florida’s real estate market offers fertile soil for real estate agents to thrive. However, some home sellers want to work without a real estate agent, also known as selling “for sale by owner” (FSBO). If you’re considering listing and selling your Florida property for sale by owner, you should have a professional real estate attorney review the legal aspects of the transaction. A lawyer at Bogin, Munns & Munns can help you fulfill all of the legal requirements for a successful FSBO closing.
To maximize your chances of selling your property without a realtor, you should be prepared to make your home as attractive as possible. Consider addressing any needed repairs, staging your home to highlight its features and appeal to prospective buyers, and marketing your property through online platforms, social media, and traditional methods of advertising. Ultimately, the key to selling your property without a realtor is to set a competitive price based on market research and be prepared to negotiate with potential buyers.
After a buyer Sell Your Florida Property Without a Realtor has submitted an offer, you should review the terms of the contract and consult with a lawyer to ensure that everything is in order. Once all of the terms have been agreed upon, the home seller and buyer will sign a purchase and sales agreement and prepare for closing.
During the closing process, you’ll need to provide several types of paperwork to the buyers and their attorneys. This includes the property deed, purchase and sales agreement, title service fees (search and transfer), and a closing/settlement statement. These documents will detail the purchase and sale agreement, including the agreed upon price, closing costs, and the date of settlement. Depending on your situation, you may need to provide other required documentation for your FSBO sale.
Once all of the paperwork has been completed and signed, you’ll be able to collect your proceeds from the home sale. You’ll be able to use this money for a variety of purposes, such as paying off debts, giving to charity, investing it, or buying a new home. As you’re collecting your proceeds from the sale of your property, it’s important to remember that 6% of the sales price goes to the realtor. By working without a realtor, you can save the commission and keep more of your proceeds. This could make the difference between a successful FSBO sale and one that doesn’t succeed.