Occasionally, one can see "For Sale By Owner" signs in North Toronto/Thornhill, and some owners think that selling their own home will not only save them money, but believe they have an advantage over the sellers that have their home listed by a reputable North Toronto/Thornhill Realtor©. Before you decide to take on this very important and legally complicated process…remember not even most North Toronto/Thornhill Real Estate Lawyer's recommend selling your own home yourself in today's market. Here are a few of the reasons why:

1. You are limiting your exposure to potential North Toronto/Thornhill buyers (less than 10% of what a good North Toronto/Thornhill real estate broker will generate) which theoretically means your home will take ten to fifteen times longer to sell on the North Toronto/Thornhill market.

2. The longer a home is on the market in North Toronto/Thornhill,the lower the selling price is. Why? Because most North Toronto/Thornhill buyers think that if the home has not sold after this long... there must be something wrong with the home.

3. The selling/buying process begins AFTER the buyer leaves your North Toronto/Thornhill home. Most North Toronto/Thornhill sellers think that all it takes is for someone to see their home, fall in love with the great decor... and the offer automatically will follow. Remember that the North Toronto/Thornhill buying process begins after they leave your home. If a North Toronto/Thornhill real estate sales representative does not represent the buyer, and they are looking on their own…they usually leave the North Toronto/Thornhill home and start to talk themselves out of the buying process. If the North Toronto/Thornhill buyer is represented by a North Toronto/Thornhill real estate professional Realtors© are trained on how to overcome buyers remorse--a very common occurrence.

4. Because of the limited North Toronto/Thornhill exposure you will very likely end up with a lower selling price. Remember, in order to generate the highest price possible for your North Toronto/Thornhill home… selling means exposure. You need the maximum North Toronto/ Thornhill exposure possible, to generate the highest price possible.

5. Most North Toronto/Thornhill buyers find it extremely awkward to negotiate or even to talk directly with North Toronto/Thornhill sellers and therefore avoid FSBO properties.

6. Lack of negotiating experience and lack of pertinent North Toronto/Thornhill information often will result in a lower selling price, or worse yet, a bungled contract and possible lawsuits.

7. The majority of qualified North Toronto/Thornhill buyers are working with experienced North Toronto/Thornhill real estate professionals.

8. Many serious buyers will pass by a FSBO home merely because they recognize that it is not in the North Toronto/Thornhill real estate mainstream, this can some times make them wary.

9. As most local North Toronto/Thornhill buyers now retain an experienced North Toronto/Thornhill real estate sales person to represent them as their buyer-agency, you will probably be negotiating against an experienced North Toronto/Thornhill professional.

10. Expected savings in broker's fees will also be greatly reduced if you offer a selling commission to entice North Toronto/Thornhill real estate sales representatives to bring potential North Toronto/Thornhill buyers.

11. If you are planning to use a North Toronto/Thornhill Lawyer to help you negotiate the offer, then your North Toronto/Thornhill lawyer's fees will be considerably higher.

12. Only real estate sales representatives have access to the up-to-date North Toronto/Thornhill market information. News reports cannot approach the timeliness or specificity available to North Toronto/Thornhill real estate sales people. Further, North Toronto/Thornhill real estate sales representatives are involved in North Toronto/Thornhill home sales much more frequently than the average homeowner is. This familiarity leads to a degree of expertise that provides an edge on negotiating and successful selling in North Toronot/Thornhill.

13. You only pay the commission to the Thornhill real estate broker, if they successfully sell your Thornhill home at the price you are happy with.

14. Accepting an offer , on your Thornhill property, is one thing, ensuring a safe and successful closing is quite another. Thornhill Real estate transactions usually always have problems on closing. At times, expecting the Thornhill Buyers and Sellers Lawyer's to fight it out or resolve the problems, can sometimes mean the deal is lost. This is the time that your experienced Thornhill real estate professional, can be the most important. Your Thornhill Real Estate professional can act as a great mediator. Lawyers MUST act only on their client's instructions and are not paid to negotiate.