Is FSBO the Better Option?
||By Anna Finger
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|Find out how our service keeps you from answering emails and taking calls to sell your car. We eliminate the aggravation caused by selling privately.
What's an FSBO?
An FSBO (for sale by owner) refers to the conventional mode of selling used cars. Some car owners prefer to sell by FSBO because of the expected higher returns
they can get by independently dealing with buyers of used cars. This is debatable because of the allied expenses that go with this option. Moreover, the inherent
risks that come with the FSBO are just some concerns that would normally discourage a used car seller.
How to sell by FSBO?
FSBO entails a lot of marketing responsibilities. Advertising through different media is one. The seller could probably print some fliers and distribute them to
friends and relatives; post a recurring sales ad with a local newspaper or perhaps visit radio or TV stations to plug the used car sale. In all these instances, the
seller may have to spend a lot to place paid advertisement with pertinent media. Assuming that the ad campaign is successful, we move into the next phase.
A seller must be ready at all times to take questions over the phone, not discounting the fact that one would be receiving calls even in the morning; or requests
for an ocular inspection of the car. Test drives are often tedious for both the seller and the car. It requires much time and effort to accompany clients during test drives, besides taking in a few risks in the process. Furthermore, sellers should maintain a businesslike stance to have an eagle eye in the negotiation while
haggling religiously to get the best price . This does not include pertinent preparations such as improving the looks of the car to make it presentable, conducting
minor repairs to improve its performance during test drives and eliminate the rattling of the underbelly.
Remember, as a seller, you still have to deal with payment
schemes and prepare sales documents. If the buyer cannot pay in cash, then you would have to arrange for a lending institution to back-up the deal. The danger of
selling by FSBO is the likelihood of being set into a scam. Con artists operate successfully once they have a willing victim who could be easily manipulated and
coerced. Scams are evident in the payment phase, so never allow your buyer to pay in check. It takes some time for banks to clear checks, to buy enough time for
the con artist to run off with your car. If the transaction is legitimate then the deal will materialize, but if it's a scam, the buyer will most probably back out.
What is Quick Cash Auto?
In most cases where used car owners don't have the time to work through the tedious process of FSBO, they rely on Quick Cash Auto services because of the
convenient and reliable assistance this car sales outfit can provide. Owners simply bring their used cars to a Quick Cash Auto facility, have it appraised and
in as little as 20 minutes, then the deal is consummated. The service would take a portion of the sales revenue but then again you are paying for the convenience
which more than enough compensates for the risks involved when selling through FSBO.
Where is Quick Cash Auto?
You can call us toll free at 1-800-592-1105 or browse their website at www.quickcashauto.com. You could also visit their showroom at Copiague, Long Island, New York.