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Know your options in for-sale-by-owner transaction in Florida

On Behalf of | Dec 10, 2014 | Real Estate Transactions

Most real estate markets throughout the country are in a constant state of flux, and the South Florida market is no exception. But, the local market has been recovering better than most from the housing slide that hit the entire country a few years ago. As a result, many South Florida homeowners may see an opportunity to save some money.

For-sale-by-owner, or FSBO, real estate transactions have always been a popular alternative to working with a real estate broker, but these types of real estate sales seem to get more popular when sellers think they won’t have too tough of a time selling their home. More demand in any given market usually means that a home won’t stay for sale too long, and selling a home without a realtor can mean thousands of dollars are saved because commissions won’t need to be paid out.

Our firm has years of experience helping homeowners who want to try to make the sale themselves. Most people like to avoid complication when possible, and our attorneys know that our South Florida clients who are doing a FSBO transaction like to keep things streamlined. But, we also know that having representation by a real estate attorney is very different from having a realtor – your attorney is supposed to look out for your interests above all and, while realtors can be helpful, they are also looking to make a commission.

FSBO sellers may like to go it alone for most of the process. But, when the deal is coming close to closing time, it could make a huge difference to have someone to take a second look at all of the documents involved. To learn more about how our firm helps FSBO sellers, please visit our website.