Saturday 17 September 2011

Sale By Owner Made Simple - FSBO Tips - For Sale By Owner

sale-by-ownerIt takes a lot of work to properly market a home, but selling a home without an expensive real estate broker is easier than you think. Homes for sale by the owner can sell as quickly as those marketed by a realtor. In this article, we?ll show you how to make a property sale by owner attractive to buyers.

Before putting your home on the market, thoroughly clean and repair the interior and exterior of the house. To make your home appear spacious, remove all clutter and store anything that isn?t in immediate use. To maximize curb appeal, trim the trees, plant colorful flowers and make sure your lawn is neat. One detail that is often overlooked is the way a house smells. If you have pets, this can be of great concern. Thoroughly clean your carpets and curtains and place scented oil or candles in discreet locations. It?s also beneficial to have a professional home inspector check for any problems.

To sell your home quickly, the most important factor to consider is the selling price. Over-pricing when selling a home is the biggest reason why many homes for sale by the owner don?t move. Check home listings for similar models in your neighborhood and then price your home accordingly. In general, setting the price at 5 to 10 percent above the market price will result in an offer closer to your home?s true worth. Because you don?t have the added expense of real estate commissions, you can afford to sell your property marginally below the cost of your competitors. The is one of the benefits of for sale by owner properties and is especially important if you have to sell quickly.

The key to selling your home quickly is effective advertising. Some sites allow FSBO home listings to be posted for free, so check for what?s available in your area. When placing your ad, include several flattering photographs of your home and make your advertising copy short and simple. Highlight attractive features like ?priced below market,? ?close to all amenities? and ?newly upgraded.? Lawn signs are one the most important marketing tools for home sellers. Attach a container of information sheets to the sign so that people can contact you right away.

For sale by owner properties require a lot of work, but the financial rewards make it well worth the effort. The key is to have your home well priced and looking great. Educating yourself about the nuances of the real estate market in your area will make you as effective as any realtor ? without the expensive fees!

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Tags: sell by owner, fsbo, selling your home by owner

Source: http://www.fsbo-tips.com/home-selling-tips/sale-by-owner-made-simple/

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