Close to 25% of all the homes sold
in the USA are sold for sale by owner (FSBO). With real estate
commissions ranging from 4% to 10% it not surprising that figure
is so high. In most instances that means a realtors 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 http://www.forsalebyownerguide.com
. The effort is entirely up to you.
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):
Real
Estate For Sale By Owner (FSBO) Question 1.
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.
Real
Estate For Sale By Owner (FSBO) Question 2.
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 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?
Real
Estate For Sale By Owner (FSBO) Question 3.
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.
Real
Estate For Sale By Owner (FSBO) Question 4.
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.
Real
Estate For Sale By Owner (FSBO) Question 5.
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.
Real
Estate For Sale By Owner (FSBO) Question 6.
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 realtor - 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 realtors commissions.
© Noel Peebles, Market Leaders FSBO real
estate books.
Noel Peebles is co-author of the best selling
FSBO real estate book
"Home Selling Secrets Revealed."
For details http://www.forsalebyownerguide.com |