South Bay Homes and Real Estate

Torrance Homeowner – Warning to Potential For Sale By Owner

If you are looking to sell your Torrance CA home, you may think that it would be better to try to sell the home yourself. For sale by owner may sound like an appealing way to sell your Torrance home. Just think of the money you could save!

• Just stick a sign out front
• Place an ad in the paper
• Host a couple of open houses

How difficult could it be?

What does it take to get your Torrance home sold?

Let’s talk about what you are getting into and why the commission you pay to an experienced Torrance Realtor may be worth every penny. There are many things your Torrance Realtor will do for you. In this highly competitive LA County Real Estate market, the first thirty days on the market are crucial to the successful sale of your Torrance home. After that interest wanes and your potential pool of buyers narrows. Many times For Sale By Owners do not even get consideration, buyers working with Realtors will wait it out until it is listed on the MLS. It is just easier that way!

The fee you pay to a Realtor is earned by the work that they do. They assume risk listing your Torrance home for sale and you do not pay until they sell your home. You are actually getting services for that money paid to the Realtor. An important thing to remember the Torrance market sets the value, not the Realtor. A Realtor will guide you through what is happening and assist you in gauging current value.

What does it take to sell a Torrance Home For Sale

If it were only as easy as placing a sign out front, putting an advertisement in the Sunday paper and hosting an open house! There are many details involved in the process of a home sale in Torrance CA including but not limited to:

• How are you going to handle all the requests for information about your Torrance home for sale?
• Are you going to work with Realtors that have buyers? What compensation are you willing to pay them?
• Marketing a home takes a lot of time, effort and experience. Professional realtors have that experience as well as the resources to list your home for maximum exposure. An experienced Realtor knows what works and what does not.
• Do you know when to get out of a Buyer’s way so they can envision your home as their home?
• Are you willing to miss out on the perfect buyer because they will not deal with a For Sale by Owner?
• Are you prepared to negotiate with potential Torrance home buyers?
• What about your personal security during showing?
• What method are you going to use to screen potential buyers to ensure that they can afford to purchase your Torrance home for sale?
• How about advertising your Torrance home on the internet to potential Torrance home buyers?
• What about showing your Torrance home that is for sale?
• Do you know what things to change that will make your home more appealing to the Torrance home buyers?
• Do you know what forms are needed? What contracts and disclosures that are needed?
• Do you have an attorney?
• Proper pricing of your Torrance home is key to a successful sale. Do you have at your disposal the right tools to help you price your home? How are you going to monitor the differences in the Torrance Real Estate Market?

Why using an experienced Torrance Realtor is in your best interest!

For Sale by Owner sounds like you are going to save thousands of dollars on the sale of your Torrance CA home, but when you factor in the amount of time you will need to devote to this process, that savings is not so great. Selling Torrance California Real Estate is not a complicated process if you know what you are doing. Realtors do it every day. How hard could it be? Go ahead try to sell it yourself. When you are ready to list your Torrance area home, call me at (310) 809-0203.

Related Articles:

Torrance Homes For Sale: Single Family under $300,000

Torrance Home Market Report: July, 2008, Single-Family Homes

First Time Homebuyers Tax Credit: Torrance, Palos Verdes and Beach Cities