9 Tips for FSBO Sellers

If you’re looking to list and sell your own home this fall, we’ve got some useful tips for you. Remember, selling your own home is very different from hiring a realtor to do it for you. So, if you’ve used a realtor before, or you know someone who has, don’t expect that same experience. Being a For Sale By Owner (FSBO) seller is a lot of work, but don’t worry, we’re here to help!

  1. Make sure you have a strategy in mind; what are you going to highlight about your home? What is the price going to be? What is your selling timeline? Are you going to have help from anyone? Who?…etc.
  2. You will need to have a marketing budget. This fund should account for costs of photography, home repairs, staging, advertisements, and more.
  3. It’s nearly impossible to sell a messy or extremely out-of-date home. You need to reduce clutter, landscape, update, and clean your home and yard before listing.
  4. Make sure that you have a complete understanding of the rules, regulations, and paperwork required in selling a home.
  5. Don’t rule out asking for advice or assistance when you need to, especially if you are facing foreclosure and need to sell your home quickly.
  6. Know what your home is really worth. Check out the Comparative Market Analysis (CMA) reports and go from there.
  7. What was right for you might not be right for your buyers; be prepared to make changes, updates, and upgrades to really sell buyers on your home.
  8. Buyers will make reasonable requests (replace the stained carpet in the dining room), and they will make unreasonable ones (add an in-ground pool). Know which is which and have a plan ahead of time for how to deal with these requests.
  9. Be prepared for countless buyers coming to see your home at all hours of the day. Without a realtor to set guidelines for showings, you’re the one who has to deal with this.

To see the original article from Inman News, click here!

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