- Inexperience - Emotional roller coaster - Time commitment - Expense, nature, and content of advertising - Limited market exposure - Potential for legal problems - Lack of familiarity with the market - No pre-screening of prospective purchasers - Offer price not necessarily the best - Lack of negotiation skills
- Purchaser wants discount in price equal to commission saved - Tough to sell in a buyer's market
- Security issues
- Mortgage fraud risk
- Under selling the value of homes worth
- Banks don't favor private sales, tougher to evaluate etc. |