If you have decided to sell your home for sale by owner (FSBO and generally pronounced “fiz-bo”), the St. Louis real estate lawyers at TdD Attorneys at Law LLC can represent your interests from contract negotiation to close. For many people, their home is their largest asset and it should not be exposed to the risks inherent in the sale process.
Common Mistakes When Selling A Home
We receive calls all the time from sellers asking for help once they are already in a bad spot after making a common mistake when selling a home. Often, the situation is the seller found a buyer, used a contract found online or a copy of a National Association of Realtors contract, and missed a contract deadline or didn’t realize there was a step in the process that is customary for our market — now the seller is at risk of losing thousands of dollars in the transaction. Other common calls from FSBO sellers occur when the buyer is represented by a Realtor, the seller has entered into an agreement he or she didn’t fully understand and now the seller is bound by a deal that clearly favors the buyer. And the worst, a seller has missed out on multiple high offers because he or she doesn’t understand the market and is making unreasonable demands of the buyer, and now the only offers, if any, are tens of thousands less.