Buying or selling a home can be a very stressful time for families and individuals alike. In fact, in this process you may be experiencing any of these situations:
- This is your first time attempting a For Sale By Owner (FSBO) or For Rent By Owner (FRBO).
- You are selling or renting your home following a traumatic or life-changing situation, such as bankruptcy, a divorce, or a death.
- You are selling or renting your home after living on the property for years.
- You are moving to an entirely new city or state following the sale of your home.
All of these issues can factor into the amount of difficulty you feel during the sales process. However, you shouldn’t let this negatively affect your sale. Implementing a few stress relieving strategies may lessen the pressure and help you clear your mind. Read some of beycome’s best ideas below.
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Learn How to Re-Focus During Difficulties
Stressed out individuals often feel physical pain associated with worry or anxiety. Have you ever gotten a stress headache or pain in the neck or shoulders? You may also experience hidden vices or bad habits such as grinding your teeth or clenching your jaw. This distress doesn’t do you any favors.
Stress doesn’t always affect everyone the same way, so you may be feeling tension or strain in your own unique way. For this reason, it’s best that you recognize your own signs of known stressors. If you begin to catch yourself grinding your teeth or feeling your shoulders ache, try to take a deep breath and back away from whatever you’re working on if you can. Allow yourself to refocus during a difficult time and perhaps try out a different FSBO or FRBO project that you’ve been looking forward to. This can help take your mind off of things!
Here’s a real-life scenario that might help. All week you’ve been researching the pricing of other houses in your neighborhood, but you’re having a hard time figuring out how to price yours. Since FSBO and FRBO research often happens online, sitting at your computers for a long period of time has given you a bit of a headache. Instead, you decide to switch gears by grabbing a camera and taking a walk outside. This is a great opportunity to stretch your legs, get some much needed fresh air, and maybe take a few noteworthy property photos for your listing.
If you still find that you are having a hard time with For Sale By Owner or For Rent By Owner, feel free to call the professionals at beycome. Our world-class team is always free to take calls and answer questions about the process. We try to make FSBO and FRBO as easy and stress-free as possible!
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Prepare for Disagreements Ahead of Time
Anxiety doesn’t just happen when you’re trying to accomplish too many tasks at once. You may run into some difficulties when it comes time to negotiate with the buyer. It’s very common in real estate transactions for disagreements to happen. Instead of getting stressed, you can take steps to prepare yourself for any scenario.
One of the biggest disagreements arises when a seller and potential buyer discuss provisions or the total price of the property. Perhaps the other party won’t compromise on certain line items and deadlines are fast approaching. Maybe getting on the same page is taking more time than you thought. It’s important to realize this is a very sensitive part of the process and good communication is vital. Instead of getting angry or lashing out, it’s best to try to sit down with the other party and openly discuss the issue.
If you need some backup as to why you’re selling at a certain pricing point, you can always bring up the home assessment and inspection, pricing information for your local neighborhood, and other researched documents that prove your home’s value. Preparation comes in handy because it’s very difficult to dispute hard facts.
And if you still find disagreements arising between parties, there’s always an opportunity to back down from a sale or renegotiate the FSBO or FRBO real estate contract. For more information on beycome’s tips for excellent negotiators, we give you a few ways to manage these communications.
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Know Where to Get Help and Resources
There’s a common misconception that FSBO or FRBO means you have to accomplish every single task on your own. That’s actually not true at all! Using beycome’s available online resources means you cut down on the time it takes to buy, sell, or rent. For example, we have a list of trusted and experienced vendors you can use as an inexpensive third party service to help you manage earnest money.
Are you worried about drafting contracts and paperwork? A real estate lawyer is able to handle the legalities of buying and selling. And more than that, beycome offers sample contract templates so that you don’t have to write a single word.
Don’t know enough about selling and marketing your house? Digital resources are more abundant than ever. Beycome teaches you how to sell using the connections you already have with social media sharing. Don’t think you have to take the FSBO or FRBO journey alone. We are on the case to make your case a successful one! For additional help, beycome offers a plethora of resources:
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