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For Sale By Owner 6 Point Checklist
Close to 25% of all the homes sold in the
USA are sold for sale by owner (FSBO). With
real estate commissions ranging from 3% to
10% it not surprising that figure is so high.
In most instances that means a real estate
agent commission of several thousand dollars.
Make no mistake; if you dream of making a
larger down-payment on your next home, or
want to retire, or simply want to hang onto
the equity you've worked so hard for... then
you could save thousands by selling your home
for sale by owner (FSBO).
Like anything in life, to
do the job well requires some effort and knowledge.
The knowledge you can get from the for sale
by owner guide. |
To help get you started; these are some of
the questions you'll need to ask yourself
before deciding to sell your home for sale
by owner (FSBO):
# 1. Real Estate For Sale By Owner
(FSBO)
Do you have the time, energy, know-how and
motivation to sell your own home FSBO?
One of the keys to selling your home efficiently
and profitably is complete accessibility.
Many FSBO homes sit on the market for months
on end because the owner is unwilling or unavailable
to show the property to potential buyers.
Realize that a certain amount of time each
day is necessary to successfully sell your
home FSBO.
# 2. Real Estate For Sale By Owner
(FSBO)
Do you have the time, energy, know-how and
motivation to sell your own home FSBO?
One of the keys to selling your home efficiently
and profitably is complete accessibility.
Many FSBO homes sit on the market for months
on end because the owner is unwilling or unavailable
to show the property to potential buyers.
Realize that a certain amount of time each
day is necessary to successfully sell your
home FSBO.
Do you have the time, energy, know-how and
motivation to sell your own home FSBO?
One of the keys to selling your home efficiently
and profitably is complete accessibility.
Many FSBO homes sit on the market for months
on end because the owner is unwilling or unavailable
to show the property to potential buyers.
Realize that a certain amount of time each
day is necessary to successfully sell your
home FSBO.
Can you overcome the " emotional attachment
" that you may have for the property
being sold?
Your home might be where your kids grew up,
or where the family pet is buried. It might
also have been designed, decorated, or landscaped
to your personal tastes. Are you prepared
to hear and accept buyer criticisms of your
FSBO home? Are you unbiased as to what your
home is really worth in today's real estate
market?
# 3. Real Estate For Sale By Owner (FSBO)
Are you prepared to deal with an onslaught
of buyers who perceive a home for sale by
owner as a potential bargain?
One of the challenges of selling FSBO is screening
unqualified prospects and dealing with the
bargain hunters. Selling for a bargain price
may be worse than paying the agent commissions.
# 4. Real Estate For Sale By Owner
(FSBO)
Are you prepared to offer financing options
to the buyer?
By offering financing options you give the
home buyer the ability to work on their terms
and open up the possibilities of selling your
FSBO home quickly and more profitably.
# 5. Real Estate For Sale By Owner
(FSBO)
Do you fully understand the necessary steps
required in selling a home FSBO?
Many FSBO home sales have been lost because
of incomplete paperwork, lack of inspections,
inadequate contracts etc. If you are not completely
informed of all the steps necessary to sell
real estate for sale by owner, then contacting
a legal professional is recommended. Ensure
that there is no misinterpretation of what
is negotiated.
# 6. Real Estate For Sale By Owner
(FSBO)
Have you contacted the necessary professionals?
When real estate for sale by owner (FSBO)
several professionals may need to be involved
to
ensure a problem-free sale including: title
company, inspector (home and pest), attorney,
and escrow company.
Don't be discouraged if you were a bit put
off by any of the above questions. They are
designed to help you think carefully before
deciding to sell your home for sale by owner
(FSBO). The fact is; an increasing number
of people are successfully selling for sale
by owner (FSBO), without the services of a
real estate agent - why can't you? You may
well be able to do a far better job than an
agent/broker and save yourself thousands of
dollars in real estate agent commissions.
© Noel Peebles, Market Leaders ebooks.
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