How Can I Sell My Home for Sale by Owner (FSBO)?
Realtor fees vary from region to region, state to state but are generally around 5-6% of the selling price of the home. Using a real estate agent has its benefits, but it also comes at a price.
We all want to make the most money possible and get the biggest return on our investment when it comes time to close on the sale of the home. Putting your house up for sale by owner or FSBO, requires a lot of your time and energy but it may be worth it in the end.
Of course, the market and the location have an effect on how much effort you’ll need to put in to sell your home. In today’s market, however, you can easily get away with listing your home for sale by owner.
Keep reading to learn how to use real estate marketing tactics and sell your home on your own.
Price it Right
Do your homework. Determine the fair market value of your home by looking at comps. How much did similar homes in regards to square footage and lot size sell for in your area in the last few months?
You can also get an appraisal to get the most accurate estimate of the value of your property.
If you price it too high, you’ll miss out on potential buyers in the more accurate price range. Price it too low and you won’t make as much money as you could have.
Get Your Home Ready to Hit the Market
Declutter the home. Go through closets, the attic, basement, and garage. You want potential buyers to see that you live in the home and have a place for everything.
Make repairs and touch up the paint on the walls or give your house a fresh coat of paint with a neutral color. Make necessary repairs.
Clean everything and then stage your home with impersonal items. The potential buyers want to picture themselves in the home.
Invest in a good yard sign that’s visible to people driving past your home. Create fliers that people can take to learn more about the home.
List your home on social media sites to share with your friends or list with a home-selling site. Host an open house to get people through the door.
Do you need to sell your home as quickly as possible? If so, these brothers can help. Learn more here.
List Your Home for Sale by Owner
Now that you know how to go about listing your home for sale by owner, is that the approach you’ll take to sell your home? Keep more of your money when selling your home.
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