Those four words have saved many people thousands of dollars and can do the same for you.  People across the country are realising that commission paid to realtors are excessive and thanks to the internet, you can now market your property yourself.

For Sale By Owner is increasing in popularity all the time and it’s now time for you to join the crowds and sell your own home and keep more of the sale proceeds.  Don’t pay for ‘special market research’ because that is available on many websites.  You just need to know where to look.  That is just one example of how the uneducated are paying dearly for not doing a bit of homework themselves.  The good news is that it is not that difficult.

You Can Save Thousands By Doing It Yourself

The numbers speak for themselves. You can try and sell you property for the highest price possible and keep the extra dollars, or you can reduce the price a bit and most likely get a faster sale. Either way you should still end up with more money in your hands than if you appoint a realtor to market your home.

Look at the above table and see just how much the average home sale generates in commission for a realtor. By selling your own home and spending on average $1000, the savings can be huge. Using an average home selling for $300,000, it means an extra $17,000 for you to keep when compared to a regular realtor.

Wouldn’t you rather have the extra $17,000 in your pocket?

Often you are not paying for the realtor’s experience, you are simply paying for a standard sales plan that has been used over and over. People can and know to search online for homes to buy so they don’t visit the realtors’ offices and list their requirements. Don’t pay for a realtor’s list of potential buyers because those same people are searching online anyway!

The Five Easy Steps To Selling Your Own Home

Sign up at one of the for sale by owner websites

It’s all about exposure and in terms of return on the dollar this is by far the most important step. It is more than just providing a place to advertise your home. The big ones have partnered with other sites to give even more exposure and discounts on other products. Us a local one as a second option if you want, just don’t rely on it as the primary source of potential buyers.

Research your property and set a realistic price

Realtors have access to sales data for most properties and often they try to keep this as their unique selling proposition. It’s simply not true and you can access the same data for much less cost. Depending on the FSBO site you list with, it is either included or available for a very small cost.

If you truly wish to sell your home, rather than just gauging interest, you need to set a realistic price. Most owners over-estimate what their home is worth so pay attention to the sales data. Being realistic means you should attract more interest in your home. Don’t scare potential buyers off by asking for too much.

Prepare your signs and brochures

A sign outside your property for sale is the most important item after listing your house for sale online. People will drive around areas looking for homes for sale. You must have a sign to show your house is for sale. Brochures are useful to handout and refer to your online listing for more information.

The best services have tools to help you create professional looking signs and brochures even if you don’t have experience with publishing software.

Present your home to potential buyers

There are a lot of tips and hints you can use when preparing your home for sale. It is not about hiding flaws (that is illegal), it is about presenting your home in the best way possible. How to highlight the great features, when to show people through you home, low cost improvements that will increase the selling price and many others.

Complete the paperwork and finish the sale

It is vital all the paperwork is completed correctly. You need to ensure the house is transferred correctly to the new owner and you don’t remain liable for anything. This is the stage where you will need outside assistance and the for FSBO services can help you find the correct people and ensure the costs are kept to a minimum.

How To Use An Online FSBO Service

Not all for sale by owner services are created the same. Some are so small and unknown you may as well just use a classified advertisement in your local newspaper. You will probably get more coverage! Look for one of the national websites like For Sale By Owner. The larger sale by owner sites are often no more expensive and give you access to many more tools that lead to successful sales.

84% of people now use the internet when searching for a new home

Features you need to look for include:

• National coverage so your property is exposed to buyers from all over the country, and often overseas. For Sale By Owner is the only place where you can get a listing on Realtor.com without requiring an MLS listing
• Partnerships with other websites so your property is marketed on other real estate websites and not just the FSBO website
• Research tools to help you set the price by searching comparable sales in your area
• Special discounts on signs and brochures and the tools to help you prepare this so they look professional
• Documentation and assistance coverage all steps from preparing your home, setting the price, negotiating with buyers and the final paperwork upon a successful sale

The For Sale By Owner service offers all these plus a Home Selling Guarantee. They are so confident that you will sell your home that if for some reason you wish to appoint a realtor to after trying yourself, they will help you find one and refund the fees you have paid. More details at their website.

Need more information?