Chattanooga Homes for Sale by Owner

Search for currently available for sale by owner homes in the Greater Chattanooga Area.

Chattanooga For Sale by Owner Homes: Pros and Cons

Pros:
– You may be able to find a bargain
– You are working with the owner directly
– You negotiate directly with the owner

Cons:
– Often times FSBO listings are overpriced because they trying to sell their home with out a Realtor because they do not have the equity in their home to pay commissions. So chances are they have little wiggle room and are not willing to sell their home for a loss.
– You will be working directly with the owner: If the owner is more familiar with real estate contracts or the process you may unknowingly leave money on the table especially if you are unaware of who customarily pays for what cost in Chattanooga.
– A savvy owner may neglect properly disclose every issue of the property that they are aware of in a manner that would leave them liable for any items that they are being less that truthful of. A buyer’s agent would protect your interest in this regard.
– You negotiate directly with the owner: Although you may consider yourself an expert haggler, in most instances you are likely less experienced an skilled as a experienced agent. Most homeowners buy and sell less than 10 homes in their life time, while many agents do this 20-40 times per year. So as a factor of experience an agent is often more skilled.

If you want to search all homes for sale in the area both listed by owner and agent, search the entire Chattanooga MLS here.