Real Estate

FSBO Selling Tips

For sale by the owner. Words can strike fear into your heart, or you may find them the beginning of an exciting journey. There are some advantages to selling your home on your own, and one of the most important is keeping all of the proceeds from the sale. There are a few things to keep in mind if you intend to sell your home yourself. These are some of the best tips to make the sale a success.

First, make sure your home is in tip-top condition. If you need to do a little gardening to enhance your curb appeal or touch up a little paint to make things look cooler, go for it. You’ll also want to remove any clutter from your kitchen or bedroom counters. People want to be able to visualize their stuff there, and it’s harder to do so when your stuff distracts them.

Good cleaning is also necessary, dusting and cleaning carpets on the go. Obviously, if something does need to be fixed, you’ll want to take care of it first or reveal what needs to be done at the sale. This means that you will sell for less, but you will not incur the initial cost either.

Next, you need to price your home. This is one of the hardest parts of selling your home. You must get an accurate price without undervaluing it too much. On the other hand, you don’t want to overvalue it and keep people away, or worse, have them buy the house at the end of the street. You will need to do a lot of research on similar homes in your area. Once you can get an estimate of an average cost, you will be in a better position to price your home correctly. You will also need to take into account market trends – is it booming or receding?

Even if you decide to sell without a real estate agent, you shouldn’t go it alone. Finding a good attorney who specializes in real estate will be a small investment with big payoffs. Your attorney can review all the documentation to make sure it is written correctly and does not cause you any harm. They will also make sure that you meet all the requirements of the fair housing law.

Now is the time to market your home. It can be tricky and the first two weeks are the most critical. There are select websites that specialize in being a place for FSBO sellers to go to list their homes. You will also need to write a good ad that is concise but still gets all the information. To help you with the writing, you can always take a look at the real estate ads in the weekly newspaper. If you are embarrassed by one, don’t use it as a model. Advertisements that inspire you and make you want to see the house will be your guide.

The most important part of marketing is not whether you link to a Facebook page, but rather enter the most important details. People want to know how many bathrooms a house has or if it is close to schools.

Selling your home on your own can be done and is not as painful as it sounds. Nor will it be as lonely a process as you might think. These tips should make FSBO much more achievable.

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