By Steven Thomas, Refind Realty
Hi, I’m Steven Thomas, a local real estate expert with Refind Realty. If you're considering selling your home in DeSoto, TX, you might be weighing the options between selling with a real estate agent or going the For Sale By Owner (FSBO) route. Both paths have their merits and challenges. Let's delve into what each entails to help you make an informed decision.(Investopedia)
As of April 2025, the median listing home price in DeSoto is approximately $384,900, reflecting a 7.8% decrease from the previous year. Homes are spending an average of 55 days on the market. This data suggests a cooling market, where strategic pricing and marketing are crucial.(Realtor, Redfin)
Advantages:
Market Expertise: Agents have a deep understanding of local market trends, helping you price your home competitively.(Bankrate)
Marketing Reach: They can list your property on the Multiple Listing Service (MLS) and other platforms, increasing visibility.
Negotiation Skills: Experienced agents can negotiate favorable terms on your behalf.
Handling Paperwork: Agents manage the complex paperwork involved in real estate transactions, reducing the risk of errors.(MarketWatch)
Considerations:
Commission Fees: Typically, agents charge a commission of 5-6% of the sale price.(MarketWatch)
Less Control: You may have less direct control over the selling process.(Houzeo)
Advantages:
Cost Savings: Avoiding agent commissions can save you thousands of dollars.(A-List Properties)
Full Control: You make all decisions regarding pricing, marketing, and negotiations.(ListingSpark)
Considerations:
Time and Effort: You'll need to handle all aspects of the sale, including marketing, showings, and paperwork.
Limited Exposure: Without access to the MLS, reaching potential buyers can be challenging.
Legal Risks: Navigating contracts and disclosures without professional guidance can lead to legal complications.(Bankrate)
In Texas, sellers are not required to hire a real estate attorney, even when selling without an agent. However, it's advisable to consult with a legal professional to ensure all contracts and disclosures comply with state laws.(Anytime Estimate)
Deciding whether to sell with or without an agent depends on your comfort level with the selling process, the amount of time you can dedicate, and your financial considerations. If you're confident in handling the complexities of a real estate transaction, FSBO might be suitable. However, if you prefer professional guidance and broader market exposure, working with an agent could be beneficial.(Better Homes & Gardens)
Selling your home in DeSoto, TX, is a significant decision. Whether you choose to work with an agent or go the FSBO route, it's essential to understand the responsibilities and challenges involved. If you need guidance or have questions about the process, feel free to reach out.
Download the Lone Star App here: https://lonestarliving.hsidx.com/@sthomas
You're Always Home With Refind Realty!
Q: What are the main benefits of selling my house without an agent?
A: The primary benefit is saving on commission fees, which can be significant. You also have complete control over the selling process.(Reddit)
Q: What challenges might I face with FSBO?
A: Challenges include limited marketing reach, handling all negotiations, and managing complex paperwork without professional assistance.
Q: Is it legal to sell my house without an agent in Texas?
A: Yes, it's legal. However, you must ensure all legal requirements, such as disclosures and contracts, are properly handled.
Q: How can an agent help me get a better price for my home?
A: Agents have market knowledge and negotiation skills that can help price your home competitively and negotiate favorable terms.
Q: What costs are involved in selling a house with an agent?
A: The main cost is the agent's commission, typically 5-6% of the sale price. There may also be additional costs for repairs or staging.(MarketWatch)
Office 1229 E. Pleasant Run Ste 224, DeSoto TX 75115
Call :(713) 505-2280
Email: [email protected]
Site: www.stevenjthomas.com
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