The Cobb Group Blog - seller

To FSBO or Not to FSBO, That Is a Good Question

Posted by The Cobb Group on March 3rd, 2021

When it’s time to sell your home, will you be the one who puts up the For Sale sign? The idea of putting up a For Sale By Owner (FSBO) sign will probably be a consideration with the hope of avoiding the majority of the 6–10% selling costs that come with having a real estate agent list your home.

With an FSBO, prepare to take on all of the duties and liabilities that you otherwise would be paying an agent to assume. You will have to find access to comps to accurately price your home, and you will need to be aware of the legal aspects of a home sale. Be sure to check your state’s laws for selling your home and determine if there are any regulations you must additionally comply with as a FSBO. Any omissions may be costly and litigious.

If you are an…

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It’s Tempting, but Don’t Do It: The Perils of Moving in Prior to Closing

Posted by The Cobb Group on March 4th, 2020

 

It is not a given that every sale will close on the contracted closing date. With this in mind, it is important to have contingency plans to cover any delays that will hinder moving plans for both buyer and seller. The buyer who wants to move in prior to a delayed closing and the seller who accommodates such a request may find themselves in a predicament if things don’t go according to plan. Keep in mind that even if there is a written agreement to allow an early move-in, a legal dispute can still evolve from the unforeseen.

Early occupancy by a buyer means that the seller will have to maintain insurance on the property until closing, but there will be a potentially costly change to that policy. The new coverage would be landlord…

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6 Ways To Get Your Home Ready For A Spring Sale

Posted by The Cobb Group on December 11th, 2019

Selling your home in the spring doesn’t mean you have to actually wait until spring to prepare your home for a sale. After the holiday whirlwind of festivities and guests, it’s time to get your house in order this winter for a successful spring sale.

I asked two pros, Mary Cook, president of interior design firm Mary Cook Associates in Chicago, and Judy Dutton, deputy editor of realtor.com, for advice on what you can do now to get ready for spring showings and open houses. Here’s what they had to say.

Let natural light flood the rooms. “The best way to prepare your home for a spring sale is to open it up, lighten it up and brighten it up,” says Cook. For instance, she recommends raising shades and opening curtains to let in natural light.…

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Top Agents Reveal the 7 Biggest Myths About Pricing Your Home to Sell

Posted by The Cobb Group on August 7th, 2019

Here’s a riddle: What do homebuyers care about more than “location, location, location” in finding the house of their dreams?

Layout? No. Amenities? No. Luxury upgrades? Sorry.

The answer is…

 

Price.

Price.

Price.

Unwrap your mind from that pretzel and bear with us: The first thing buyers look at in their home search is the price. No matter how perfect the house, it’s a big “NO” if the price doesn’t line up with a buyer’s budget.

Miss the bar by a thousand dollars, and you could lose out on an entire pool of potential buyers. In August the national share of home price cuts hit 19.1%(compare that to 13.1% in 2012), meaning more sellers aren’t pricing aggressively enough from the start.

Real estate agents deal with this…

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