The Risks of Selling a Home Online

The Internet has transformed the way people do business in every industry. Real estate is no exception. Selling your house online can seem like an easy and effective way to attract a buyer fast – but is it really the right choice for you? Significant pitfalls can trap homeowners who try to sell online if they aren’t careful. Selling your home to an established, trusted business for cash is the better way to secure a fair offer, get rid of your property, and get paid. Here’s why.

3 Disadvantages of Selling a Home Online

Posting a “For Sale by Owner” ad for your home online might only take a day’s work, but will it garner the best possible results? Probably not. Selling online on your own means taking care of pricing, staging, marketing, and negotiating by yourself. You might make mistakes or end up losing money when you consider the cost of your time and effort. Three common disadvantages of selling online are as follows:

  1. What are you really saving? You might think you’re saving money by not using a real estate agent, but you’re likely to lose money when you consider your investment in your valuable time, plus the cost of marketing your home. Plus, if you don’t do your homework, you run the risk of leaving money on the table. Incorrect home pricing and inefficient or ineffective marketing can lead to unqualified buyers.
  2. Hard work for low reward. At first glance, selling online can seem easy. Once you begin the process, however, you will learn that in fact it’s the opposite – posting a home for sale requires a considerable amount of time and effort. You will need to invest in professional inspections, repairs, and photography to optimize your odds of a sale.
  3. Possible scams and personal risks. Selling a home online exposes you to potential personal risks, ranging from criminals showing up at open houses to trusting a buyer who’s really a con artist. Protecting yourself and your home from fraudsters can be difficult in the virtual world.

Selling online might not be the right choice for you, but that doesn’t mean your only other option is hiring a real estate agent. Realtors are expensive and can’t guarantee a fast or fair sale. Instead, consider your third option – selling for cash with My Fast Home Buyers.

Why Is Selling a Home Through My Fast Home Buyers Better?

It is much better to sell your home to a business that will buy it for cash, like My Fast Home Buyers, than to sell your home online. We purchase homes in all conditions. There’s no need to hire an inspector or pay for repairs before you sell. We’ll handle all the work and offer you a fair, no-obligation written offer if your home meets our criteria. It’s that easy! Get a cash offer today when you contact us!

By | 2018-06-27T11:02:48+00:00 June 27th, 2018|Blog, Local News|Comments Off on The Risks of Selling a Home Online