Real Estate

FSBO’s Top Ten Seller Tips for Selling Your Home for Sale by Owner

If you are considering selling your home by owner, congratulations! You are part of a growing trend towards FSBO property sales. If you’re concerned that going the FSBO salesperson route means you’ll miss out on all those great agency sales tactics, you’re wrong. You can do the same things any real estate agent would suggest. To get started, here is a list of the top ten things you can do for your home when you are trying to sell your home by owner.

1. Create multiple media. Homes sell when they are exposed to potential buyers. The more exposure you create, the more likely you are to sell. “Multiple Media Display” means including you on an FSBO site, providing images, tours and information that buyers want to know about. Advertise your home in the newspaper. Print brochures that list the details of your home and are available for display. Some buyers have turned to TV commercials for sale on real estate channels to attract buyers. The more exposure you provide, the easier it is to find potential buyers.

2. Tidy up the rooms and closets. A house looks better and looks better when it is not crowded. Remove magazines, books, furniture, stored items, and things you no longer want. You’ll have to pack all of these things before you move in, so why not start early?

3. Repair peeling paint and other minor imperfections. Peeling paint can be a sign of deferred maintenance, poor paint, or water damage. All of these things will put the buyer off. Putting a new coat of paint on your walls and ceilings is easy and inexpensive.

4. Consider organizing and researching some ideas on the Internet. Staging involves making your home visually appealing to potential buyers. It may involve rearranging furniture, renting new furniture, repainting, re-carpeting, or a little redecoration to show the best qualities of your home. Staging doesn’t have to break the bank, but a home that looks good sells. Anything you can do to improve the look of your home will help your buyer see your potential.

5. Price the house correctly. Check recent sales in your neighborhood to get an idea of ​​your home’s value. Don’t overvalue your home because its price is substantially higher than other homes in your neighborhood. You won’t be able to sell because overpriced homes, whether FSBO or MLS, won’t sell. Buyers want to feel like they are getting value for their money. If your home is the most expensive in the area, buyers will focus on finding a comparable home that is priced lower than yours.

6. Always have posters and flyers in the garden. When potential buyers visit your neighborhood to view a particular home, they will look for other homes that are for sale. If visitors don’t know your home is for sale, you may miss out on potential sales opportunities.

7. FSBO sellers should create an online listing for their home on the Internet and may consider using FSBO’s marketing services that are available on the web. The key to selling your home is proper exposure, and your chances of finding a buyer are best when you make it highly visible to potential buyers.

8. Answering your phone is paramount as a Fsbo salesperson. It sounds simple, but many people who are selling their Fsbo homes miss potential buyers who call to ask. Make absolutely sure that you or someone else is available to take calls. Don’t assume that an answering machine or voicemail service is sufficient because many potential buyers will not leave a message when they call.

9. Spend some time gardening. Making the exterior of a home look attractive and fresh is just as important as making the interior look nice. Remove or trim bushes. In the summer, plant attractive flowers, cover beds with wood chips or mulch, and keep things free of weeds. Mow your lawn frequently. If you don’t know anything about landscaping, check with a local nursery, garden club, or even a nearby university with a botanical program. Students are often willing to undertake gardening projects.

10. Partner with a bank or lender to offer potential sources of financing to potential buyers. Local banks, credit unions, and mortgage brokers can offer financing agreements that can help the buyer get into your home. Offer all visitors financial information from your local bank or lender when they visit your home. You want to make sure that any potential buyer is qualified to buy the home.

These are just a few of the things you can do to help your home stand out. In today’s market conditions, selling a home is all about price, location, and exposure. If you have these three items in place, there is no reason to think that you will not sell your home as effectively as any real estate agent.

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