When it comes time to selling your home, it can be frustrating having to take a lower price and then paying omission on top. The goal with owning a home is to make profit when you sell it, not the other way around. Have you ever been driving through a neighborhood and seen a sign that said "For Sale by Owner" and wondered how it can be done? Well, did you know that by selling your own home rather than hiring a Realtor that you can save up to 6% commission? Think about it, on a $100,000 home, you would be saving over $6,000. That is no small sum of money to pass up!
If you are going to sell your home via FSBO (For Sale by Owner) methods, then you'll need to know how to do it the right way so that you don't end up wasting your time trying to sell it and end up with a Realtor anyway. There are a lot of good strategies that you can use, but one of the best is to find a website or a few websites where you can list it on your own. There are a lot of real estate investors that browse FSBO sites looking for good deals too, so if you have a price that is low enough to attract them then you will certainly get a few calls that way.
Choose a few sites to list your home (you will more than likely have to pay a small fee) and then make sure that your home is listed on the online property listings page. You can then choose to buy some signs or have them made for you. Many of these online websites will offer a package that includes FSBO signs as part of the fee to get listed. Place a sign in your front yard so that visitors can easily see it as they drive by your house. If you have a large yard, then you can also place FSBO signs at the corner of each side of the house.
Once you've got your FSBO property on the online property listings and you've got your signs in place, then start trying to hold open houses and place adds in online directories and classifieds, such as Craigslist. Make sure that you price your home at a fair price and do not use the fact that you are doing a for sale by owner to try and jack up the price, otherwise you will never sell your house. If possible, use the 6% savings as a way to price your house competitively and you'll start to get calls from people interested in your home.
Choosing to sell your home via FSBO means that you have to do a little bit more work on your own, such as with contracts, marketing, and showing, but you'll also be in full control of how you list and sell your property. If your house is more expensive, then you can save well over $10,000 by going this route.
If you are going to sell your home via FSBO (For Sale by Owner) methods, then you'll need to know how to do it the right way so that you don't end up wasting your time trying to sell it and end up with a Realtor anyway. There are a lot of good strategies that you can use, but one of the best is to find a website or a few websites where you can list it on your own. There are a lot of real estate investors that browse FSBO sites looking for good deals too, so if you have a price that is low enough to attract them then you will certainly get a few calls that way.
Choose a few sites to list your home (you will more than likely have to pay a small fee) and then make sure that your home is listed on the online property listings page. You can then choose to buy some signs or have them made for you. Many of these online websites will offer a package that includes FSBO signs as part of the fee to get listed. Place a sign in your front yard so that visitors can easily see it as they drive by your house. If you have a large yard, then you can also place FSBO signs at the corner of each side of the house.
Once you've got your FSBO property on the online property listings and you've got your signs in place, then start trying to hold open houses and place adds in online directories and classifieds, such as Craigslist. Make sure that you price your home at a fair price and do not use the fact that you are doing a for sale by owner to try and jack up the price, otherwise you will never sell your house. If possible, use the 6% savings as a way to price your house competitively and you'll start to get calls from people interested in your home.
Choosing to sell your home via FSBO means that you have to do a little bit more work on your own, such as with contracts, marketing, and showing, but you'll also be in full control of how you list and sell your property. If your house is more expensive, then you can save well over $10,000 by going this route.
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