Selling your home on your own can save you money, and may not be too difficult. Do it correctly, and you will have a smooth and profitable sale.
8 Secrets to a Successful FSBO Sale gives for sale by owners advice and tips. I share the techniques I use selling real estate in Boston since 2002.
1. 8 Secrets to a Successful FSBO Sale
Sell Your Home on Your Own
By Ruth Lerner
For Sale
By Owner
2. Why Sell Your Own Home?
You
may save
money.
You
You
may enjoy it.
have the
time and the
patience.
3. Why Provide You This Information?
Because
I believe everyone
is better off when home sale
is done correctly!
4. Sharing Techniques I Use
All
of the Secrets are techniques I use
to sell my listings.
My
listing’s average time
on market is less than
half the average
market time.
I
sell my listings for top dollar
5. Secret #1: Stage the Home
Buyers don’t want to see
your stuff.
Hire professional stager or
a friend with a good eye
for design.
Get rid of your clutter,
depersonalize and
maximize use of space.
6. Secret #2:
Hire a Professional Photographer
No iPhone or iPad
pictures, PLEASE!
Photographs bring the
buyers.
Without professional
photos, buyers are
not interested.
7. Secret #3:
Offer Buyer Broker Compensation
Good luck without it!
Buyers like to work with
buyer agents.
Buyers are too
overwhelmed to write offers
on their own.
8. Secret #4:
Go Online to Promote
Most home searches are
conducted online.
If you are not online,
you are hiding.
Use keywords and search
engine optimization.
10. Secret #5:
Price Your Home Correctly
Remember, buyers expect
to share the savings
of a FSBO.
Always price to market,
regardless of inventory.
Overpricing = sitting on
market.
11. Secret #6:
Don’t Host Your Own Open House
Buyers want a buffer
between themselves
and the seller.
Buyers often feel awkward
or uncomfortable asking the
seller questions directly.
Uncomfortable buyers
do not make offers.
12. Secret #7:
Understand the Mortgage Process
Mortgage process = home
buyer’s process = your home
sale’s process.
Learn the deadlines and
expectations of buyer.
Complex procedure
which has become a lot
more complicated in the
last few years.
13. Secret #8: Learn the Forms, Rules,
Regulations, & Laws in Your State
Understand the offer forms
before you get an offer.
Learn the disclosure you
must provide the home
buyer.
Learn what makes for a
completed offer and the
important dates
and clauses.
14. Bonus Secret for Condo FSBO’s:
Get Your Condo Docs Organized
Buyer will need the Condominium’s:
› Master Deed
› Master Insurance
› Association Rules and Regulations
› Declaration of Trust
› Association budget
› Information about assessments
› Minutes from the condo meetings
15. Saving Money!
You may save 0.5% - 1.5% of the sale price!
This may or may not be worth the time and
effort required to sell it properly.
Most home sellers prefer to hire a real
estate agent because the possible savings
are not worth the effort.
16. Other Home Seller Resources
My growing collection of the best advice
for home sellers from the best agents I
know can be found on List.ly
Click this Link:
Best Advice for Home Sellers