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Maximize Your Profits: Selling A Home Without A Realtor In Arkansas

Reasons Why People Choose To Sell Their Home Without A Realtor

People often decide to sell their home without a realtor in Arkansas for many reasons. One of the most common is cost savings - selling your home without an agent can save you thousands in commission and fees.

Additionally, some people may want to be in control of the sale process and not have to rely on someone else to manage it. Others may just prefer to do their own research and marketing when it comes to selling their home, or are confident they can handle negotiations without assistance.

Another reason why people choose not to use a realtor is that they don't want anyone else taking a percentage of the profits from the sale. Selling your house yourself can also give you greater flexibility in setting the price, as well as more control over who visits and views your property.

Understanding The Fsbo Process In Arkansas

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Selling a home without the help of a realtor can be a daunting task, but it is possible in Arkansas. While some may view this as an intimidating process, understanding the For Sale by Owner (FSBO) process in Arkansas can make the job much easier.

Before beginning the FSBO process, be sure to research local and state laws regarding real estate transactions. This will ensure that all paperwork is filled out properly and all legal details are taken into account.

Additionally, it's important to familiarize yourself with current market conditions so you can price your property competitively. Knowing what comparable properties nearby have sold for gives you a better idea of how to maximize your profits when selling your home.

Once you've done your research, you'll need to craft an attractive listing that accurately describes your property and entices buyers. Be sure to include plenty of high-quality photos and any special features or amenities that help set your home apart from others on the market.

Finally, when potential buyers come to see the property, prepare yourself for negotiations by researching negotiation tactics and setting realistic expectations for both parties. By following these steps and understanding the FSBO process in Arkansas, you should have no difficulty selling your home quickly and at a great price!.

Factors To Consider When Going Fsbo In Arkansas

When considering the option to sell a home without the assistance of a realtor in Arkansas, there are several factors to consider. Firstly, it is important to determine if you are legally allowed to complete the sale without a realtor in Arkansas.

This will involve researching local laws and regulations as well as any restrictions or requirements that must be met before completing a FSBO (For Sale By Owner) transaction. Secondly, it is important to understand the responsibilities associated with selling a home on your own, such as researching what comparable homes have sold for in your area and understanding how best to market and advertise your property.

Additionally, it is essential to have knowledge of the paperwork involved in closing a real estate transaction. Furthermore, having an understanding of negotiation strategies can be very beneficial when selling without a realtor.

Lastly, knowing what services may be available through third-party companies such as title companies and inspectors can help ensure that you are able maximize your profits when going FSBO in Arkansas.

Preparing To Sell Your Home By Owner In Arkansas

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When it comes to selling your home by yourself in Arkansas, preparation is key to ensuring you maximize your profits. Make sure to research the current real estate market in your area so you know what a fair price for your home would be.

Additionally, you should check with local government offices and find out what kind of paperwork will be necessary for the sale. Once you’ve gathered all the information and documents needed, it is essential to make sure that your house looks as attractive as possible before putting it up for sale.

This can include making any necessary repairs or renovations, as well as staging the home to make it look inviting to potential buyers. After taking care of these steps, advertising is next: use online resources like social media sites or classifieds websites to spread the word about your property and attract interested buyers.

Finally, when someone expresses interest in purchasing your home, have them sign a contract that both parties agree upon in order to protect yourself from any legal issues down the road. With patience and diligence, selling a home without using a realtor in Arkansas can be done successfully with great profit potential.

Legal Requirements For Selling Fsbo In Arkansas

Selling a home without a realtor in Arkansas can be a complicated process and, in order to maximize profits, it is important for all sellers to understand the legal requirements associated with this type of sale. In Arkansas, any individual looking to sell their property without the help of a real estate agent must first obtain an Authorization to Offer Real Estate For Sale by Owner from the Arkansas Department of Finance and Administration.

This authorization must be obtained before any advertisement or listing of the property can be placed. Additionally, sellers must file a Notice of Intent To Sell with the local county clerk before selling their home and provide potential buyers with an initial disclosure statement that outlines certain information about the property.

Furthermore, sellers should keep in mind that they are responsible for collecting and remitting transfer taxes on any sale made without an agent. It is essential for sellers to familiarize themselves with these requirements before listing a home FSBO in Arkansas in order to ensure a successful transaction and maximize profits.

Researching Real Estate Laws & Regulations For Selling Homes

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When it comes to selling a home without a realtor in Arkansas, researching real estate laws and regulations is essential. Understanding the local ordinances, deadlines, and other legal requirements can help maximize your profits when it comes time to sell.

While there are national regulations that apply to all real estate transactions, certain areas may have specific laws in place that must be followed. Additionally, Arkansas has its own set of rules and regulations regarding property sales, so buyers and sellers should familiarize themselves with these before beginning the process.

It is important to understand what taxes or fees may be due upon closing and how they will affect the final sale price of the home. Knowing these details ahead of time can help ensure a smoother transaction for everyone involved.

Exploring Local Resources Available For Fsbo Sales

When considering selling a home without a realtor in Arkansas, it is important to become familiar with the local resources available to FSBO (For Sale By Owner) sellers. Local real estate laws should be understood, as well as any legal requirements for disclosures and transfer of ownership documents.

Additionally, research should be conducted into local regulations about advertising and marketing for homes for sale. It is also beneficial to investigate the costs associated with FSBO sales, including any fees or taxes imposed by the county or state.

A good resource for information on these topics is the website of the Arkansas Real Estate Commission. Understanding these issues can help ensure that an FSBO seller maximizes their profits when selling a home in Arkansas.

Advantages Of Selling Without A Realtor In Arkansas

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Selling a home without the help of a realtor in Arkansas can be an advantageous decision for many homeowners. While there is no substitute for professional knowledge and expertise, the primary benefit of forgoing a realtor is the significant savings on commission fees.

By avoiding these costs, homeowners can maximize their profits from the sale. Additionally, when selling without a realtor, there is more control over pricing and negotiations, allowing potential buyers to make offers that are more attractive to sellers.

There is also an expedited timeline since there are no middlemen to manage paperwork or prolong the process. Homeowners in Arkansas can save time and money by selling their property without a realtor, while still having access to the necessary resources and legal advice needed during the transaction.

Disadvantages Of Selling Without A Realtor In Arkansas

Selling a home without the help of a realtor in Arkansas may seem like an easy and cost-effective way to move forward, but it is important to understand the potential disadvantages of this method before jumping in. Real estate agents are highly knowledgeable about the market and can provide an expert opinion on pricing, negotiation tactics, and advice about deadlines for closing.

They also have access to marketing tools that will help you reach potential buyers quickly and efficiently. Additionally, they are familiar with local laws and regulations that could cause substantial problems if not taken into account during the selling process.

Furthermore, without a realtor, sellers must be prepared to conduct viewings themselves or pay someone else to do it - both of which add time and money to the sale process. Ultimately, while selling without a realtor in Arkansas may save money upfront, there are several factors that should be considered before making this decision.

Comparing Cost Savings Between Realtor And Fsbo Sales

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When deciding whether or not to sell a home without the help of a realtor in Arkansas, it is important to compare the cost savings between doing so and using a realtor. Without a realtor, you will be responsible for taking care of all marketing costs, such as advertising fees and open house expenses.

You must also pay for closing costs, such as title search fees, settlement costs, and any other applicable fees. However, when you use a realtor to sell your home, these costs are typically paid by the buyer's agent.

Additionally, when working with a real estate agent, their commission fee is typically 3% of the purchase price of the home. When selling your home on your own in Arkansas, that cost is saved.

Furthermore, since you are managing everything yourself, you can set your own timeline for inspections and closings based on what works best for you. Ultimately, while there are many advantages to selling a home without an agent in Arkansas - such as saving money and being able to control all aspects of the sale - it can also be very time consuming and stressful if not done properly.

Tax Implications Of Selling A House By Owner In Arkansas

When selling a home without a realtor in Arkansas, it is important to consider the potential tax implications. Depending on the circumstances, you may be required to pay capital gains taxes when the profits from your sale exceed $250,000 as an individual or $500,000 as a married couple filing jointly. Furthermore, Arkansas assesses an income tax on all capital gains at rates of up to

9%, which is slightly higher than the federal rate of 20%. These taxes are due within 90 days of closing the transaction and failure to pay them can have serious consequences. It’s also important to note that if you lived in your house for two out of the last five years prior to selling it, you may qualify for a significant exclusion from federal capital gains taxes. When selling a home in Arkansas without a realtor, it is essential to consult with an accountant or financial advisor who can help you assess your tax liability and file any necessary returns.

Considering Professional Assistance During The Sale Process

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When it comes to selling your home without a realtor in Arkansas, it can be beneficial to consider professional assistance during the sale process. Hiring a lawyer or accountant to assist you with the paperwork involved in such a transaction is an excellent way to ensure that all legal requirements are met and that the financial aspects of the sale are handled properly.

Additionally, having an experienced individual review documents and contracts associated with the process can help minimize potential risks and maximize profits from the sale. Furthermore, enlisting the help of a professional inspector can provide you with additional peace of mind by having an impartial third-party evaluate your home before listing it on the market.

Ultimately, obtaining professional guidance during this time could prove invaluable as you navigate through what can be a complex transaction.

Marketing Strategies For Selling Without A Realtor

When it comes to selling your home without a Realtor in Arkansas, effective marketing strategies are essential for maximizing profits. Begin by researching the local housing market and understanding the current trends so that you can accurately price your home.

Once you have an informed understanding of the estimated worth of your property, create online listings that provide potential buyers with detailed information about the features of your home. Utilize social media networks to promote your listing and spread awareness of its availability.

Take high-quality photographs that capture the unique characteristics of your property and invest in targeted print advertisements if deemed necessary. Additionally, consider hosting an open house or offering private showings as this will enable potential buyers to view the property in person.

Lastly, keep track of all inquiries from interested buyers and be sure to respond promptly as this will give them confidence in their purchase decision.

Strategies For Finding Buyers Without A Realtor

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Selling a home without a realtor in Arkansas can be a daunting task, but by utilizing the right strategies, it is possible to maximize your profits and find buyers without having to enlist the help of an agent. Searching for potential buyers online is one of the most efficient ways of locating individuals who are interested in purchasing property.

Utilizing social media outlets such as Facebook and Twitter to advertise your listing can provide added exposure which can increase your chances of finding a buyer. Networking with friends and family members who may know someone looking for a home in Arkansas is also an effective way to reach more people.

Additionally, reaching out to local real estate investors can provide you with more options when it comes to selling quickly and getting top dollar for your home. Finally, investing in advertising materials such as flyers or yard signs will be beneficial in attracting those who are actively searching for properties in the area.

Maximizing Your Exposure Through Online Platforms

In today's digital world, online exposure is essential when selling a home without a realtor in Arkansas. Utilizing online platforms is the best way to get maximum visibility for your property and maximize your profits.

Start by creating engaging ads with high-quality pictures that showcase the best features of your home. Promote these ads on social media channels such as Facebook, Instagram, and Twitter to reach out to potential buyers faster.

You can also create an attractive website or blog displaying information about your property and features that make it unique. By leveraging search engine optimization (SEO) techniques, you can ensure that your website ranks higher in search engine results pages (SERPs) so that more people are exposed to it.

Additionally, there are several local listing sites like Craigslist where you can list your house and get even more exposure. Taking advantage of all these available digital resources will help you make sure that your home gets seen by as many interested buyers as possible and ultimately enable you to receive the maximum profits from the sale of your property.

How To Price Your Home Effectively As An Fsbo Seller

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When selling a home without a realtor in Arkansas, it is important to price your home effectively in order to maximize profits. This can be accomplished by researching comparable homes in the area that have sold recently and using this data to determine the fair market value of your property.

Additionally, consider the current trends in housing prices; if the market is particularly competitive or is trending upward, you may be able to increase your asking price slightly. Furthermore, factor in any features or advantages that your home has over other similar homes on the market, such as an updated kitchen or close proximity to great schools and amenities.

Finally, consider pricing tactics; for example, setting a slightly higher list price allows for negotiation room when potential buyers are interested. Taking these steps will help ensure that you get top dollar for your house when selling without a realtor in Arkansas.

Tips For Ensuring You Get The Best Deal When Selling On Your Own.

When it comes to selling a home without a realtor, there are certain steps that should be taken in order to maximize profits and ensure you get the best deal when selling on your own. To start, research the local market to determine the fair market value of your home.

This will give you an idea of what price range you should stick to when listing your home for sale. Additionally, investigate different methods for advertising and marketing your property such as creating an attractive website or using flyers placed around town.

Furthermore, if you plan on hosting open houses, make sure they are well-advertised and properly prepared with food and drinks to attract potential buyers. Finally, consider hiring a lawyer or title company to help with the paperwork and closing documents to ensure everything is handled correctly.

With these tips in mind, selling your Arkansas home without a realtor can be done quickly and profitably.

Partnering With Financial Institutions To Facilitate The Sale

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Partnering with financial institutions to facilitate the sale of your home without a realtor in Arkansas can be an ideal way to maximize your profits. Banks and other lenders are usually eager to work closely with homeowners looking to sell their property, providing access to a wide range of services such as mortgage pre-approval and loan processing.

Additionally, they may offer assistance in assessing the current market conditions as well as advice on how best to market the property. By forming a partnership with a financial institution, you can take advantage of their knowledge and experience in order to help you better understand the process and make informed decisions about pricing, marketing strategies, and more.

Ultimately, this can put you in a strong position for selling your property quickly and for maximum profit.

Navigating Negotiations & Closing When Fsbo

Selling a home without a realtor can be an intimidating process, especially when it comes to navigating the negotiations and closing of the sale. Without the help of a professional, it is important to be aware of all the details that should be taken into consideration when selling a home in Arkansas.

Researching local laws and regulations is essential, as well as understanding the required paperwork and filing deadlines. Knowing what type of financing options may be available to buyers can also help maximize profits.

Additionally, it’s important to understand how sales taxes are involved in the sale and any other applicable fees or costs that must be paid by either party. When negotiating with potential buyers, staying firm on price while also being flexible with certain terms can help ensure that both parties are satisfied with the agreement reached.

Finally, having a lawyer review any contracts before signing off on them is recommended for protecting one's legal rights during the transaction.

What To Do After Accepting An Offer On Your Home

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Once an offer to purchase your home has been accepted in Arkansas, you will need to take several steps in order to maximize your profits. First, contact an attorney who specializes in real estate transactions and provide them with the details of the sale.

An experienced attorney can provide guidance on how to complete the closing process correctly and ensure that all legal requirements are met. It is also important to understand all applicable taxes and fees associated with selling a home without a Realtor.

Additionally, obtain a professional home inspection prior to closing in order to identify any potential issues that may arise during the sale process. Once the inspection report is received and reviewed, it is crucial to update the buyer on any necessary repairs or changes that must be made before finalizing the transaction.

Lastly, prepare for and attend the closing meeting with all parties involved, where documents will be signed and funds exchanged. By taking these important steps, you can enjoy a successful real estate sale without using a Realtor and maximize your profits.

Can You Walk Around A House For Sale Without A Realtor?

Yes, you can walk around a house for sale without a realtor in Arkansas. Homeowners have the right to show their own property, and it is possible to do this without involving a real estate agent.

In order to maximize your profits when selling a home without a realtor in Arkansas, however, there are certain steps that need to be taken. Researching local market trends and pricing strategies is essential for setting the right price for your home.

You should also be sure to make necessary repairs or renovations before listing the property. Additionally, it is important to become familiar with all of the paperwork required for transferring ownership of a home in Arkansas so that you can ensure everything is done legally and accurately.

By following these steps, homeowners can maximize their profits when selling a home without a realtor in Arkansas.

How Much Does The Average Realtor Make In Arkansas?

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Realtors in Arkansas provide an invaluable service to home sellers. By utilizing their expertise and experience, they are able to effectively market a property, negotiate the best price, and help close the sale.

The average realtor in Arkansas makes an average of $3,539 per transaction according to the National Association of Realtors. This is based on a 6% commission rate on the sale price of the home.

While this may seem like a large amount of money, it is important to remember that realtors have put in many hours of hard work and dedication in order for them to earn this income. Additionally, when factoring in all of their overhead costs such as marketing materials, advertising expenses and other related costs their earnings can be significantly reduced.

As such, it is important for anyone considering selling a home without a realtor in Arkansas to understand that while they may save money on commissions they also won’t benefit from the knowledge and expertise that comes with having a professional realtor handling their transaction.

How Do You Become A Real Estate Agent In Arkansas?

Becoming a real estate agent in Arkansas is an exciting and rewarding opportunity to help people buy and sell their homes. In order to become a real estate agent, you must have a valid license issued by the Arkansas Real Estate Commission (AREC).

To obtain an AREC license, you must complete specific requirements, including completing pre-licensing education, passing the state licensing exam, and submitting an application to AREC. Pre-licensing courses are available both online and in person at approved schools throughout the state.

After passing the exam and submitting your application, you must also complete continuing education in order to maintain your license. Once licensed, you will be able to assist clients with their home buying or selling needs while maximizing your profits without using a realtor.

With hard work, dedication and knowledge of the local market, becoming a successful real estate agent in Arkansas is within reach!.

How Do I Sell My House Without A Realtor In Texas?

Selling your home without a realtor in Texas has become increasingly popular as more people look to maximize their profits. With the right strategies, you can make a great profit on your home without needing to pay a real estate agent’s commission.

To ensure that you get the best price for your home, it is important to understand the steps involved in selling without an agent. First, research local housing markets and determine a fair listing price for your home.

Then, create marketing materials such as flyers and online listings to advertise your property. Finally, put in the work needed to show potential buyers around your house and negotiate with them until you reach an agreement.

With some effort and savvy negotiating skills, you can successfully sell your house without a realtor in Texas.

Q: What is the best way to sell a house without a realtor in Arkansas?

A: A flat-fee MLS service can provide an effective and cost-efficient way to sell a house without involving a broker. This type of service allows you to list your home on the Multiple Listing Service (MLS) for a flat fee, allowing you to save traditional real estate commissions.

Q: What marketing services are available to help me sell my house without a realtor in Arkansas?

A: When selling a house without a realtor in Arkansas, one of the most important steps is to conduct a comparative market analysis to determine what your home is worth. You can also use email messages and word of mouth to advertise your home’s availability. Additionally, there are online marketing services that provide additional exposure for selling your home.

Q: What steps should I take to sell my house without a realtor in Arkansas?

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A: To sell your house without a realtor in Arkansas, it is important to research the local market, set a fair price, prepare your home for sale by making any necessary repairs and updates, and advertise your home.

Q: What resources are available to help me sell my house without a realtor in Little Rock, Arkansas?

A: To sell a house without a realtor in Little Rock, Arkansas, you can utilize online classifieds and social media sites like Facebook Marketplace or Craigslist to advertise your home. You may also want to consider hiring a real estate attorney or title company to assist with the paperwork and closing process.

Q: How can I use ZILLOW, TRULIA, REALTOR.COM, and REDFIN to sell my house without a realtor in Arkansas?

A: You can list your home on each of these sites as a “For Sale By Owner” (FSBO), which will allow you to market directly to potential buyers. Additionally, each of these websites offers resources for FSBO sellers, like tips for pricing your home competitively and advice for managing the sale process.

Q: How can I make my house more marketable when selling without a realtor in Arkansas?

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A: Make sure to create a detailed description of your property, take attractive photographs with the right lenses, and consider giving your property a fresh coat of paint. These steps will help make your house more attractive to potential buyers and make it easier to sell without a realtor.

Q: How can I use photographers to help me sell my house without a realtor in Arkansas?

A: Hiring a professional photographer is a great way to make your house more marketable when selling without a realtor in Arkansas. Professional photographs will provide potential buyers with an accurate and attractive representation of the property that cannot be achieved through amateur photography. Additionally, these photographs are often used for online listings and marketing materials, which can help you reach more potential buyers.

Q: What legal documents are necessary to successfully sell a house without a realtor in Arkansas?

A: When selling a house without a realtor in Arkansas, the most important legal documents you will need to prepare and execute are the title deed, transfer of deed forms, sales contract, closing disclosure statement, and other documents required by state law. You should also consider engaging an attorney to help with negotiation and ensure all paperwork is properly completed. Additionally, you should be aware of any closing costs that may be associated with the sale.

Q: What are the key steps to take when selling a house without a realtor in Arkansas?

A: When selling a house without a realtor in Arkansas, it is important to research the local market, set an appropriate price, prepare your home for sale by making necessary repairs and upgrades, advertise your home online or through print media, and ensure that all legal documents are properly filled out.

Q: How can I close the deal when selling a house without a realtor in Arkansas?

A: Once you have found a suitable buyer, it is important to draw up an agreement that clearly outlines the terms of the sale. You should also consult with an attorney and/or real estate professional to ensure that all legal requirements for property transfer are met. After all documents have been signed, you will need to file them with the county clerk and obtain any necessary approvals from local authorities. Finally, the deed needs to be recorded in order to officially close the deal.

Q: How can I make my house more appealing to buyers when selling without a realtor in Arkansas?

A: To make your house more appealing to buyers, consider home staging, research local laws, set a competitive price, and effectively market your home.

Q: What are the key steps to take when selling a house without a realtor in Arkansas?

A: When selling a house without a realtor in Arkansas, it is important to research the market to set a fair price, prepare your home for sale by making it more appealing and marketable, advertise your home through online services or print media, and understand the legal documents that are necessary to successfully close the sale.

Q: How do I understand closing costs when selling a house without a realtor in Arkansas?

A: Closing costs can vary from transaction to transaction, but typically include legal fees, title insurance, taxes, appraisal fees, inspections and more. Before entering into a sales contract, you should consult with an attorney or financial advisor to fully understand all of the associated costs and potential risks associated with selling your home without a realtor.

Q: What are the key steps to take when selling a house without a realtor in Arkansas?

A: The key steps to take when selling a house without a realtor in Arkansas include: researching the market, setting a fair price, preparing your home for sale, advertising your home, and ensuring all necessary legal documents are in place.

Q: How can I negotiate the sale price when selling a house without a realtor in Arkansas?

A: When selling a house without a realtor in Arkansas, it is important to understand the market value of your home. You should research comparable sales in your area to get an understanding of the average sale price for similar homes. Once you have an understanding of what potential buyers are willing to pay, you can use this information to negotiate the sale price with potential buyers. Additionally, you should understand all closing costs associated with the sale so that you can adjust your asking price accordingly.

Q: How can I maximize my investment when selling a house without a realtor in Arkansas?

A: Maximizing your return on investment when selling a house without a realtor in Arkansas involves understanding the interests of potential buyers, marketing your property effectively, taking the necessary legal steps to ensure a successful sale, and making your home appealing to buyers. You can increase its marketability by ensuring it is in good condition and staging it to show off its best qualities. Additionally, you should be open to negotiation and willing to invest in repairs or improvements that will capture the buyer's attention and make them more likely to accept an offer.

Q: How can I use a database, communication, camera, and budget to sell my house without a realtor in Arkansas?

A: To successfully sell your house without a realtor in Arkansas, it is important to create and manage a comprehensive database of potential buyers. Utilize communication tools such as email, social media, and direct mail to target the right demographic. Take professional-looking photos of the house with a good quality camera and make sure they are well lit to showcase the features of the house. Lastly, create a budget for marketing expenses such as advertising and staging costs.

Q: What steps should I take to ensure a successful sale of my house without a realtor in Arkansas?

A: When selling a house without a realtor in Arkansas, it is important to ensure that you have both legal and equitable title to the property. You should also consider investing in energy-efficient upgrades to make your house more appealing to buyers. Additionally, you should research local housing markets, create an effective marketing plan, and hire any necessary professionals such as attorneys or surveyors.

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