Seller didn’t hire an agent? Here’s why you should – Chuck Barberini Real Estate

Chuck Barberini
BR Real Estate Group | EXP Realty
(925) 963-6606

Want a home that’s for sale by owner?
Homes that are for sale by owner — when a seller decides not to hire a listing agent — are more common than you might think. They account for about 8 percent of all home listings currently on the market. If you’re on the house hunt, you’re likely to come across one in your search.
What’s different about buying one of these homes? What can you do to leverage the situation to get the most for your money? Here are four things to keep in mind.


1. Hire an agent. Since the seller doesn’t have an agent, it’s vital that you do  if only to ensure the transaction is handled correctly and legally. An agent will be knowledgeable about market conditions and can help you craft your offer, prepare the contracts and find the right lender to work with.

2. Be ready to negotiate. These homes are rarely priced appropriately. Sellers typically overvalue their homes due to their emotional attachment to it. Having an agent on your side gives you access to comparable sales data to help you negotiate the right price.

3. Get a home inspection. The owner may not know that they are legally required to disclose known issues with the property, and that oversight could mean costly repairs down the road. A home inspection can shed light on potential problems before you go through with the sale.

4. Add contingencies to your contract. Contingencies give you an exit route should something go wrong during the transaction. If you can’t get a loan, you’re unhappy with the inspection results or the appraisal doesn’t come in at the sale price, you have a way to back out and save your money.
Want to be prepared for your new home purchase? Get in touch today for help on making the best decision for your budget and goals.

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Thank you for reading my newsletter. I look forward to connecting with you soon.
– Chuck Barberini

Chuck Barberini | BR Real Estate Group | EXP Realty
REALTOR®
chuck@chuckbarberini.com
1415 Oakland Blvd.
Suite 101
Walnut Creek, CA 94596
Phone: (925) 963-6606
CalBRE 01324660

 

 

 

 

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Author: Chuck Barberini

As a professional Realtor for over 15 years, I have lucky enough to work with several companies and many different brokers. I have learned and gained experience through all of my interactions and transactions. I have continued to work diligently to nurture and support my network of clients, both buyers and sellers, Real Estate colleagues, investors and other professionals in related fields. By working on and developing relationships, I have been able to maintain and grow my business through the dramatic ups and downs in the Real Estate market over the past decade. I am, however, more than just a Real Estate professional, I’m also a neighbor, a friend, husband and father. I take a keen interest in people and their well-being, working hard to earn and maintain their trust and respect. My upbringing here in the San Francisco Bay Area, as well as my professional experience, has given me the ability to work easily with a variety of Real Estate clients who have a variety of needs. From helping first-time home-buyers find that special home together, to strategizing with investors to find and secure wealth-building assets, I help navigate and problem-solve the complex processes and negotiations that are inherently part of this industry. I prefer to focus on the relationship rather than just the transaction, believing that a satisfied client will share my name with their friends and colleagues. This approach has helped me expand my local network to include the legal community involved with probate issues. And I am proud to be a preferred agent to a number of professionals in this area.

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