The Dagsboro Real Estate Alphabet Soup: MLS for FSBOs
If you’re planning to sell your home “For Sale By Owner” (best known as “FSBO”) in Dagsboro, it will be vital that you give some serious thought to the MLS. “MLS” (Multiple Listing Service) is the database used and updated by real estate professionals and trade associations. It’s used to organize and publicize available listings for everyone interested in buying a house. Access to any MLS system is restricted to agents and brokers, since they are licensed, insured, and have been trained in correct use of the technically-complex system.
In today’s digital age, FSBO sellers who chose to just put up a lawn sign and advertise in Dagsboro newspapers put themselves at a daunting disadvantage. Yet if you try to sell your house yourself as a Delaware FSBO, there are ways you can get your property included in the Multiple Listing Service.
One way to get a listing in MLS systems is by registering on one of the FSBO websites, like ForSalebyOwner.com (which includes a “Find a Pro” tab on its home page!). Such sites usually sell several different packages, including various uses of MLS, with up-charges for things like additional photos or unlimited listing times.
When preparing your listing, you’ll want attractive, professional-quality photos; a clear, concise selling description; and accurate metrics including your address, the number of bedrooms and bathrooms, square feet, lot size, etc. Accuracy here is vital – lawsuits have been successfully pursued against sellers who provide inaccurate square footage or other metrics. (Stymied already? Your tax records usually contain the needed information).
You will also need all the lawfully required disclosures – and, of course – an asking price supportable by recent and accurate comps.
In case that sounds like a lot — just to deal with the listing, much less the whole selling process — you’re not alone. If you’d rather worry less about getting your home sold and focus more on finding your next one, hiring an agent is always an option. If you’re preparing to sell your home in Dagsboro – FSBO or not – I welcome your questions anytime!
Call/text 302-228-7871 or email me, Russell Stucki, REALTOR ® of Beach Real Estate Market to provide detailed information on Delaware homes for sale, investment and commercial properties, luxury and waterfront homes, condos/townhomes, new construction, lots and land, farms and equestrian properties located in but not limited to Bethany, Bethel, Bridgeville, Dagsboro, Delmar, Ellendale, Fenwick Island, Frankford, Georgetown, Greenwood, Harbeson, Laurel, Lewes, Lincoln, Milford, Millsboro, Millville, Milton, Ocean View, Rehoboth Beach, Seaford, Selbyville, Delaware.
- Written by Russell Stucki
Rising Property Values in Dagsboro Need Protection, Too
When we read or hear that Dagsboro property values continue to be on the rise, it’s a relief. No matter what else is going on, at least our real estate investment’s back on track!
That comforting thought has a less reassuring sidebar, though, having to do with time and its effect on our investment. As every homeowner learns soon enough, regardless of the general trend toward rising property values in Dagsboro, that’s only going to hold when the underlying investment—your home—is not allowed to deteriorate over time.
Protecting gains in Delaware property values by preventing the kinds of deterioration that time (and wear and tear) threaten to wreak doesn’t have to be expensive.
One good example applies to homes with a wooden deck. Dean Bennett, owner of a Colorado-based design and building firm, points out how simply applying a fresh coat of stain every three years yields a high ROI. That’s because the weatherproofing effect can be quantified. The stain costs anywhere from $40 to a few hundred dollars— plus a few hundred more if you seek professional help. But a well-stained deck can last at least 20 years (sometimes much longer). Wholesale replacement is, comparatively, a high-ticket item.
Most property owners pay attention to cooling and heating only in parts of the house where people live. But head up to the attic in summer or winter, and if too much cold or heat is apparent up there, proper venting and insulation can relieve temperature extremes that sometimes cause structural damage. The bonus: simple, inexpensive maintenance efforts in the attic can quickly recoup costs by lowering heating and cooling bills.
Similar property value protection accompanies vigilance to smaller issues like gaps and cracks around windows, garage doorframes, and at the foundation. It only takes an occasional quick visual survey to spot them—and a can of spray foam to fill them. Drafts under doors are a similar situation, curable by inexpensive weather-stripping. According to Bennett, a $15 length and a few nails can save up to $160 in annual heating and energy bills.
If you are considering taking advantage of the upcoming selling season, any rise in property values in Dagsboro is no abstract matter. I hope you’ll give me a call to discuss the latest market activity! Call/text 302-228-7871 or email me, Russell Stucki, REALTOR® of Beach Real Estate Market to provide detailed information on Delaware homes for sale, investment and commercial properties, luxury and waterfront homes, condos/townhomes, new construction, lots and land, farms and equestrian properties located in but not limited to Bethany, Bethel, Bridgeville, Dagsboro, Delmar, Ellendale, Fenwick Island, Frankford, Georgetown, Greenwood, Harbeson, Laurel, Lewes, Lincoln, Milford, Millsboro, Millville, Milton, Ocean View, Rehoboth Beach, Seaford, Selbyville, Delaware.
- Written by Russell Stucki